Stock Market Today: May 5th - 9th, 2025

Top of the morning StocksForumers! Happy Hump Day to all of you and welcome to the new trading day and a frrrrrrrrrrrresh start. Here is a quick check on those futures as we are over an hour into the US cash market open.

GLTA on this Wednesday, May the 7th, 2025!

 

Here are today's economic calendar events:

 

Here are today's analyst stock upgrades & downgrades:

 

Here are this morning's pre-market earnings results:

 

Morning Lineup - 5/7/25
Wed, May 7, 2025

While European markets are trading lower, equity futures in the US are higher by about 50 basis points this morning on positive trade talks with China.

As shown below, this week's declines have yet to do much technical damage, but we'll likely need a positive close today for the S&P to remain above its 50-day moving average. Right now, price is sitting in between the 50-DMA (below) and the 200-DMA (above), and the next stop on the upside will be a re-taking of the 200-DMA.



Weakness in the final hours of the trading day on Fed Days has been a hallmark of Powell's tenure as Fed Chair. That's actually in contrast with what we've seen for markets recently. The S&P is currently flat since "Liberation Day" back on April 2nd, but as shown below, we're only flat because of intraday strength. Since 4/2, the S&P (SPY) has averaged an opening gap lower of 0.27% each day followed by an average gain of 0.28% from the open to the close.

 

Here is a final look at today's market and futures maps, as well as how each sector performed individually at the close on Wednesday, May 7th, 2025.

 

Top of the morning StocksForumers! Happy Thursday to all of you and welcome to the new trading day and a frrrrrrrrrrrresh start. Here is a quick check on those futures as we are over an hour into the US cash market open.

GLTA on this Thursday, May the 8th, 2025!

 

Here are today's economic calendar events:

 

Here are today's analyst stock upgrades & downgrades:

 

Here are this morning's pre-market earnings results:

 

Morning Lineup - 5/8/25
Thu, May 8, 2025

US equity futures are up roughly 1% ahead of today's open after President Trump announced that a trade deal between the US and UK would be announced shortly. Along with the tariff news, yesterday the market managed to not trade lower after Fed Chair Powell's press conference as it normally does.

We've gotten a huge number of earnings reports this week as well, and the results have been largely positive. So far in May, we've seen a positive reversal in guidance trends. In April, we were seeing many more companies lowering guidance than raising guidance, but that has flipped this month. Of the nearly 800 companies that have reported month-to-date, 69 have raised guidance compared to just 45 that have lowered guidance. You don't expect to see such positivity when there's such an "extremely elevated level of uncertainty" as Fed Chair Powell described in his FOMC comments yesterday.



Based on where it's trading in the pre-market, the S&P 500 ETF (SPY) is set to test last week's highs when it opens this morning.

 

Here is a final look at today's market and futures maps, as well as how each sector performed individually at the close on Thursday, May 8th, 2025.

 

Top of the morning StocksForumers! Happy Friday to all of you and welcome to the final trading day of the week and a frrrrrrrrrrrresh start. Here is a quick check on those futures as we are over an hour into the US cash market open.

GLTA on this Friday, May the 9th, 2025!

 

Here are today's economic calendar events:

 

Here are today's analyst stock upgrades & downgrades:

 

Here are this morning's pre-market earnings results:

 

Morning Lineup - 5/9/25
Fri, May 9, 2025

Yesterday was the last big day for earnings season with roughly 200 companies posting Q1 numbers. For the next couple of weeks until Walmart (WMT) and NVIDIA (NVDA) wrap things up, we'll see fewer than 30-40 reports per day.

While we saw a large percentage of companies cutting or pulling guidance in the early weeks of this earnings season in mid-April, things have taken a much more positive turn this month. The big uptick in positive guidance that we've seen so far in May has been enough to flip the guidance spread (% of companies raising minus lowering guidance) positive for the full earnings season. Of the 1,551 companies that have reported since the season began on April 10th, 6% have raised guidance versus 5% that have lowered. At the same time, 70% of companies have beaten consensus analyst EPS estimates, while 64% have beaten sales estimates. Q1 has basically been an average to slightly better-than-average earnings season during a period where market volatility and "uncertainty" raged due to President Trump's tariff policy. In terms of share-price reactions, the average stock that has reported has averaged a one-day gain of 0.34% in reaction to the news. That's very positive relative to history as well.

 

Here is a final look at today's market and futures maps, as well as how each sector performed individually at the close on Friday, May 9th, 2025.

 

Here is an early preview of next week's notable earnings releases courtesy of Earnings Whispers:

Have yourself a terrific weekend ahead guys!