- Mindset Money Matters: A Snowfish Publication
- Posts
- Ending January with a BANG💥
Here’s a quick recap of Markets for the Week of January 24th, 2025 and what we are watching this week:
S&P 500 $SPY +1.7%
Nasdaq Composite $NDX +1.7%
Russell 2000 $IWM +1.4%
Dow Jones Industrial $DJI +2.2%
Bullish momentum continued last week as President Trump declared a national energy emergency and a barrage of executive orders moments after being sworn in.
Join our Facebook group as we educate, encourage, and motivate others to seek what fuels them.
▶ Here ◀
Key points from last week:
Trump announced “Stargate” - a $500 billion AI infrastructure initiative that involved OpenAI, Softbank and Oracle.
Earnings excitement - Netflix +16% wowed the street with its earnings report and paid subscriber growth. Procter & Gamble (PG) and Travelers (TRV) were also notable standouts.
World Economic Forum in Davos- is where all the attention was after the inauguration. Global leaders and top CEOs met to discuss improving the state of the world by engaging business, political, and academic to shape global, regional, and industry agendas.
S&P 500 Heat map for the week
S&P 500 Sector Performance for the week
🗓 The Week Ahead 🧐
Monday, January 27th - Friday, January 31st, 2025
Attention this week will be focused on:
FOMC Rate Announcement & Chairman Powell’s press conference - Forecasters uniformly expect no action from the Fed this time, notwithstanding President Trump's demand for lower rates. With the economy strong, inflation sticky, and high uncertainty and risk associated with the Trump administration's policies, the Fed is in no rush to cut rates.
Gross Domestic Product (GDP) - The economy keeps ticking along and the call for the first reading of GDP for Q4 looks for growth of 2.7% with a lift from strong consumption at year end.
- Gross Domestic Product represents the total value of the country's production during the period and consists of the purchases of domestically-produced goods and services by individuals, businesses, foreigners and government entities. Data are available in nominal and real (inflation-adjusted) dollars, as well as in index form.
Blockbuster Earnings Week - couple of heavy hitters are reporting earnings this week: Boeing (BA), Starbucks (SBUX), Tesla (TSLA), Meta (META), Microsoft (MSFT), IBM (IBM), UPS (UPS), Mastercard (MA), Visa (V), Apple (APPL), Intel (INTC), SoFi (SOFI), JetBlue (JBLU), ExxonMobil (XOM), Chevron (CVX).
DeepSeek - China’s AI platform that Bloomberg reported is more cost effective and runs on less advanced chips. This news caused panic selling for the Tech and Semiconductors space.
🚨Our Watchlist 👨🏫
$SPY: S&P 500 closed strong last week at 610, new all time highs before getting whacked to start the week as Tech takes a nosedive on DeepSeek fears.
Over the weekend, DeepSeek, China’s AI platform (similar to ChatGPT) was released with great success causing panic selling here in the US. Bloomberg reported that DeepSeek could be more cost effective as it runs on chips that are less advanced.
Not the price action you Bulls want to see heading into a big week- FOMC, GDP and big Tech earnings.
SPY needs to reclaim 600-602 for any exciting move up to 610,615,620. Under 592-590 has room down to 585,580,574
$TSLA: Tesla will report earnings on Wednesday and all eyes will be on their profit margins. It has been trading in a $380-$430 range since late December; bullish above, bearish below.
Wall Street forecasts Tesla will post $0.62 per share in Q4, representing an 8.8% increase compared to the $0.57 reported in the same period last year.
TSLA over 435 look for 450,460,475. Under 375 has room down to 360,350,330.
$META: Meta Platforms is trading at all time highs ahead of its earnings on Wednesday after finally breaking out of its trading range.
The Facebook and Instagram parent is expected to report GAAP earnings of $6.76 a share on revenue of $47 billion.
META over 665 look for 675,685,700. Under 625 has room down to 600 and 580
$AAPL: Apple reports earnings on Thursday; it has pulled back 14% since December’s all time highs.
Last week it tested its 200 day moving average for the first time since May 2024. It is still up +35% since our long-term investor alert back in April 2024.
Apple is expected to report revenue growth in the low to mid-single digits on a year-over-year basis. Apple’s fourth-quarter fiscal 2024 net sales increased 6.1% year over year to $94.93 billion.
AAPL over 235 look for 245,255,265. Under 220 has room down to 200,190 and 180.
*None of these stocks above are recommendations to buy, sell or trade. We do not give financial advice, you should always do your own due diligence and practice proper risk management.*
If you are interested in seeing how we are looking to trade these names reply back or comment Swing Trades below for more information.
We started a Facebook group in hopes of encouraging, inspiring and motivating others which is what the Mindset Money Matters brand is all about:
Encouraging others to:
To seek more → what fuels your passion
To challenge your mindset and look at things in a different perspective
To learn from each others experiences and be humble because we never know what someone else is going through
To uplift and want more from not only ourselves but those around us
If that aligns with you, I invite you to be a part of this movement and share it with whomever you think may also be interested.
▶ Here ◀
Thank you in advance 🤝
I value your time and will strive to keep the content easy to read and short enough to get to the point!
If you would like to support this free newsletter, here are the most helpful ways:
🏹Forward the newsletter to your friends, family or anyone who you feel it may help- they can subscribe here
📲 Screenshot your favorite part, share it on your stories and tag me @SnowfishTrading @Mindset.Money.Matters
📨 Reply back with any questions or topics you would like more information on
See you next week! 👋
Reply