Morning Dose: Tech Rebound Micron Sparks Market Surge
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood
“Good morning, traders! Welcome to The Morning Dose – Everything You Need to Know Before the Market Opens. It is Thursday, December 18th, 2025. I’m seeing a lot of green on the screens this morning. Did the tech sector just wake up on the right side of the bed?”
Overnight Headlines
After a sell-off where the S&P 500 lost the 50-day MA, tech rebound led by Micron (MU) earnings shines. Key data point to watch today is the November CPI due at 8:30 ET (Consensus 0.3%). Some of the top stock movers include Micron (MU) (+13.6%), Oracle (ORCL), Lululemon (LULU) (+8%), DJT, and Accenture (ACN).
Economic Announcements
Today’s focus will be on the November Consumer Price Index (CPI) report scheduled for 8:30 AM. Market sensitivity to inflation heightened after President Trump hinted at a potential Fed Chair with dovish views.
Earnings Highlights
Micron (MU) reported a significant beat with Cloud Memory revenue up 99% year-over-year. Recovery stories include Oracle (ORCL) and Lululemon (LULU) with activist involvement. DJT also saw a surge on news of a merger with a fusion energy company.
Top Movers
- Lululemon (LULU) +8% on Elliott stake
- DJT +28% on merger news
- Market reacts to Trump’s plan to reclassify marijuana
Quick Trade Ideas
- Watch resistance at SPY 675
- Focus on Energy sector strength over Consumer Discretionary
- Monitor AI-related stocks post-Micron earnings
Key Takeaway
Stay cautious around the CPI report’s release at 8:30 AM. Despite the positive sentiment, be aware of bearish internals signaling potential resistance ahead. Keep an eye on sector performance, particularly in Energy versus Consumer Discretionary.