Morning Dose: Bullish Momentum Builds from Asia to Europe
A quick analysis of today’s market outlook and key trading opportunities to start your day.
The Morning Dose: Trader’s Market Briefing
Intro & Market Mood
Wednesday, June 4th, 2025. Futures on the S&P 500 are pointing to a modestly positive start.
Overnight Headlines
Asian markets closed mostly green with standout performance from South Korea’s Kospi. China fine-tuning liquidity while Japan forms a think tank. In Europe, major indices are trading higher on positive news for Airbus and Germany’s tax relief plan.
Economic Announcements
European Services PMIs showed mixed results, while in the U.S., ADP Employment Change and Services PMI data are awaited. Treasuries are flat, with the 2-year yield showing slight weakness.
Earnings Highlights
CrowdStrike (CRWD) disappoints despite beating expectations; Guidewire Software (GWRE) and Hewlett Packard Enterprise (HPE) soar post-earnings.
Wells Fargo (WFC) rises on Fed news, but Dollar Tree (DLTR) faces a drop despite positive results.
Top Movers
- Gainers: Sagimet Biosciences (SGMT), Thor Industries (THO), Yext (YEXT)
- Losers: CrowdStrike (CRWD), Dollar Tree (DLTR), Asana (ASAN), Merus (MRUS)
Quick Trade Ideas
Focus on technology and small-cap sectors for momentum. Monitor the support and resistance levels for SPY and QQQ. Confirm breakouts with volume spikes and set tight stops.
Key Takeaway
Stay nimble in a cautiously optimistic market. Watch tech reactions, economic data, and manage expectations post-earnings. Market moves are data-dependent; be aware of overvalued positions.
Thanks for joining The Morning Dose – Your Market Briefing. Happy trading!