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The Morning Dose EP169 Bullish

Morning Dose: Tech Titans Lead Surge MDB & CRDO Soar – Tuesday 12/02/2025

December 3, 2025 4:15
Tickers Mentioned
MRVLCRWDPSTGTXNVXX
Episode Summary
Markets open cautiously optimistic with Nasdaq leading. Marvell surges 10% on AI acquisition while Pure Storage plunges 15% on weak guidance. Key economic data today includes ADP jobs and ISM Services.
Key Takeaways
  • Marvell up nearly ten percent on earnings and acquisition news
  • CrowdStrike beats expectations but stock dips on high expectations
  • Pure Storage drops fifteen percent on weak guidance and miss
  • ADP and ISM Services data could influence rate cut expectations
  • Texas Instruments shows strength while storage sector struggles
0:00 / 4:15

Morning Dose: Tech Titans Lead Surge MDB & CRDO Soar

A quick analysis of today’s market outlook and key trading opportunities to start your day.

Intro & Market Mood

Welcome to The Morning Dose – Everything You Need to Know Before the Market Opens. It is Tuesday, December 2nd, 2025, and the market is showing a positive tone with green across the screen this morning.

Overnight Headlines

In overnight trading, futures are indicating a bounce from yesterday’s crypto-led sell-off. The tech sector demonstrated resilience by recovering early losses, setting a ‘risk-on’ sentiment for the day.

Economic Announcements

Today’s economic calendar is quiet with no major data releases. Market sentiment remains positive, reflecting an expectation of an upcoming rate move by the Fed in December.

Earnings Highlights

  • MongoDB (MDB): Earnings beat with a significant increase. Stock up 23% pre-market.
  • Credo Technology (CRDO): Positive earnings report driving the stock up by 16% in pre-market trading.

Top Movers

In the pre-market session, standout performers include MongoDB (MDB) and Credo Technology (CRDO), showing substantial gains on strong earnings and revenue outlooks.

Quick Trade Ideas

Keep an eye on key levels: SPY resistance at 685 and QQQ resistance at 625. Focus on leading sectors like Tech, Communications, and Consumer Discretionary. Be cautious of volatility spikes indicated by the VXX.

Key Takeaway

Stay agile and monitor market levels closely. Consider potential breakouts above key resistance levels for trading opportunities. Stick with leading sectors but remain prepared for sudden shifts in market sentiment.

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