Market Action For Last Week
- S&P 500 ETF (SPY)
- Last Friday's Closing Price: $600.77
- This Friday's Closing Price: $609.70
- Point Gain/Loss: +$8.93
- Percent Gain/Loss: +1.49%
- Nasdaq-100 ETF (QQQ)
- Last Friday's Closing Price: $522.92
- This Friday's Closing Price: $538.15
- Point Gain/Loss: +$15.23
- Percent Gain/Loss: +2.91%
- Russell 2000 ETF (IWM)
- Last Friday's Closing Price: $226.00
- This Friday's Closing Price: $225.97
- Point Gain/Loss: -$0.03
- Percent Gain/Loss: -0.01%
Upcoming Major Economic Reports and Potential Market Moving Events
- Monday, February 17, 2025
- No major economic reports scheduled.
- Tuesday, February 18, 2025
- Medtronic (MDT) Earnings Report - Premarket
- Wednesday, February 19, 2025
- Analog Devices (ADI) Earnings Report - Premarket
- Thursday, February 20, 2025
- Walmart (WMT) Earnings Report - Premarket
- Alibaba (BABA) Earnings Report - Premarket
- Booking Holdings (BKNG) Earnings Report - Postmarket
- MercadoLibre (MELI) Earnings Report - Postmarket
- Southern Company (SO) Earnings Report - Premarket
- NetEase (NTES) Earnings Report - Premarket
- Friday, February 21, 2025
- Constellation Energy (CEG) Earnings Report - Postmarket
Upcoming Major Stock Earnings Reports
- Monday, February 17, 2025
- No major earnings reports scheduled.
- Tuesday, February 18, 2025
- Medtronic (MDT) - Premarket
- Cadence Design Systems (CDNS) - Postmarket
- Wednesday, February 19, 2025
- Analog Devices (ADI) - Premarket
- Thursday, February 20, 2025
- Walmart (WMT) - Premarket
- Alibaba (BABA) - Premarket
- Booking Holdings (BKNG) - Postmarket
- MercadoLibre (MELI) - Postmarket
- Southern Company (SO) - Premarket
- NetEase (NTES) - Premarket
- Friday, February 21, 2025
- Constellation Energy (CEG) - Postmarket
Market Outlook
For the next 30 days, I am bullish on the market. The recent upward trend in major indices, particularly the strong performance in the technology sector, suggests continued investor optimism. The S&P 500 and Nasdaq-100 have shown significant gains, driven by strong earnings reports and positive sentiment around trade and inflation. However, investors should remain vigilant about potential risks such as inflation and interest rate changes, which could introduce volatility. Monitoring upcoming economic data and earnings reports will be crucial in assessing market direction.