Market Action For Last Week
- S&P 500 ETF (SPY)
- Last Friday's Closing Price: $563.98
- This Friday's Closing Price: $555.66
- Point Change: -8.32
- Percent Change: -1.48%
- Nasdaq-100 ETF (QQQ)
- Last Friday's Closing Price: $480.84
- This Friday's Closing Price: $468.94
- Point Change: -11.90
- Percent Change: -2.47%
- Russell 2000 ETF (IWM)
- Last Friday's Closing Price: $203.79
- This Friday's Closing Price: $200.45
- Point Change: -3.34
- Percent Change: -1.64%
Upcoming Major Economic Reports and Potential Market Moving Events
Monday, March 31, 2025
- United States:
- Manufacturing PMI (March) at 09:45
- Chicago PMI (March) at 09:45
Tuesday, April 1, 2025
- United States:
- ISM Manufacturing PMI (March) at 10:00
- Construction Spending (February) at 10:00
- Job Openings (February)
Wednesday, April 2, 2025
- United States:
- ADP Nonfarm Employment Change (March) at 08:15
- Crude Oil Inventories at 10:30
- Factory Orders (February) at 10:00
Thursday, April 3, 2025
- United States:
- Initial Jobless Claims at 08:30
- Trade Balance (February) at 08:30
Friday, April 4, 2025
- United States:
- Nonfarm Payrolls (March) at 08:30
- Unemployment Rate (March) at 08:30
- Fed Chair Jerome Powell speaks in Arlington, Virginia
Upcoming Major Stock Earnings Reports
Monday, March 31, 2025
- LOAR: Before Market Open
- PRGS: After Market Close
Tuesday, April 1, 2025
- NCNO: After Market Close
- PSNY: After Market Close
Wednesday, April 2, 2025
- UNF: Before Market Open
Thursday, April 3, 2025
- CAG: After Market Close
- AYI: Before Market Open
- LW: Before Market Open
- MSM: Before Market Open
Friday, April 4, 2025
- GBX: Before Market Open
Market Outlook
For the next 30 days, I am bearish on the market. The recent downturn is driven by inflation concerns, weak consumer sentiment, and geopolitical tensions. The upcoming economic reports, particularly the Nonfarm Payrolls and Fed announcements, could further influence market sentiment. Additionally, the impending trade tariffs may exacerbate market instability. Investors should consider diversifying their portfolios and exploring opportunities in international markets, which have shown resilience compared to the US market.