Market Action For Last Week
- S&P 500 ETF (SPY)
- Last Friday's Closing Price: $555.66
- This Friday's Closing Price: $533.94
- Point Gain/Loss: -$21.72
- Percent Gain/Loss: -3.91%
- Nasdaq-100 ETF (QQQ)
- Last Friday's Closing Price: $468.94
- This Friday's Closing Price: $454.40
- Point Gain/Loss: -$14.54
- Percent Gain/Loss: -3.10%
- Russell 2000 ETF (IWM)
- Last Friday's Closing Price: $200.45
- This Friday's Closing Price: $184.36
- Point Gain/Loss: -$16.09
- Percent Gain/Loss: -8.03%
Upcoming Major Economic Reports and Potential Market Moving Events
- Monday, April 14, 2025
- No major economic reports scheduled.
- Tuesday, April 15, 2025
- Consumer Price Index (CPI) Report
- Retail Sales Data
- Wednesday, April 16, 2025
- Federal Reserve Beige Book
- Thursday, April 17, 2025
- Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
- Friday, April 18, 2025
- No major economic reports scheduled.
Upcoming Major Stock Earnings Reports
- Monday, April 14, 2025
- Goldman Sachs (GS) - Premarket
- Tuesday, April 15, 2025
- Johnson & Johnson (JNJ) - Premarket
- Bank of America (BAC) - Premarket
- Wednesday, April 16, 2025
- Abbott Laboratories (ABT) - Premarket
- Thursday, April 17, 2025
- UnitedHealth Group (UNH) - Postmarket
- Intuitive Surgical (ISRG) - Postmarket
- Blackstone (BX) - Postmarket
- American Express (AXP) - Postmarket
- Charles Schwab (SCHW) - Premarket
- Marsh & McLennan (MMC) - Postmarket
- Friday, April 18, 2025
- No major earnings reports scheduled.
Market Outlook
For the next 30 days, I am neutral on the market. The recent volatility and declines in major indices, driven by trade tensions and rising yields, suggest caution. However, opportunities in undervalued and growth stocks, particularly in technology, could provide upside potential. Key economic indicators and earnings reports will be crucial in shaping market sentiment.