Trade, tariffs, energy - markets react to Trump's return to office
January 21, 2025
Breaking News
Image source: Wikimedia Commons
Trade, tariffs, energy - markets react to Trump's return to office. 🌍 Global markets were volatile while the dollar rebounded on Tuesday in choppy trading as Donald Trump's returned to the White House. Reuters reports.
EdgeUp
⏳ TikRelief: Trump signs promised executive action to delay TikTok ban for 75 days. CNN reports.
🍿 StreamScore: Wall Street is expecting strong results from Netflix, reasoning that a robust slate of recent original shows and live events has encouraged people to sign up. Barron’s reports.
🛒 CostStrike: Costco union representing 18,000 workers authorizes nationwide strike. CNBC reports.
🛑 EVFreeze: President Donald Trump ordered his administration to consider eliminating subsidies and other policies that favor electric vehicles, laying the groundwork for moves that risk slowing adoption of cleaner cars in the US. Yahoo Finance reports.
🌐 DavosAI: AI mania takes over Davos as the world’s biggest firms tout their offerings. CNBC reports.
🧠 AIRevive: Microsoft has plowed tens of billions of dollars into artificial intelligence. With its stock struggling, the key question is how quickly those investments can prove to be successful. Yahoo Finance reports.
Top 5 Movers in Early Pre-Market
(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.
1. $:EONR: EON Resources
Total gain: +95.09%
2. $TPET: Trio Petroleum
Total gain: +76.4%
3. $:ASST: Asset Entities
Total gain: +70.05%|
4. $:DWTX: Dogwood Therapeutics
Total gain: +39.03%
5. $:VATE: Innovate
Total gain: +23.87%
What’s Moving the Markets
* Analyzing the markets with Richie Naso, a Wall Street veteran of over 40 years and former member of the NYSE.Stock Market Recap: Week of January 13–17, 2025
The U.S. stock market experienced a robust performance during the week of January 13 to January 17, 2025, marking its best week in two months.
This positive momentum was largely attributed to inflation data that was not as severe as anticipated, fostering optimism among investors about a potential soft landing for the economy.
Key Highlights:
- Inflation Data: The Consumer Price Index (CPI) reported a year-over-year increase of 2.9%, with the core CPI rising by 3.2%. While still above the Federal Reserve's 2% target, these figures were better than some traders had feared.
- Corporate Earnings: The fourth-quarter earnings season commenced, with major banks reporting strong results, contributing to the market's rally.
- Federal Reserve Speculation: There was speculation that the Federal Reserve might cut interest rates later in the year, which bolstered Big Tech stocks.
Friday’s Biggest Movers
The closing price of the top three market percent gainers trading near or above $3 on January 17.
*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time
1. $BDMD: Baird Medical Investment
Total gain: +63.65%
The company was present in San Francisco amid the 2025 J.P. Morgan Healthcare Conference, one of the most prominent healthcare investment gatherings globally. Benzinga reports.
2. $GSIT: GSI Technology
Total gain: +45.04%
The stock appeared to be moving on no notable news.
3. $NUKK: Nukkleus
Total gain: +43.84%
The company announced that it was notified on January 15, 2025, that it has regained compliance with the market value of listed securities requirement, as outlined in Nasdaq Listing Rule 5450(b)(2)(A), and the market value of publicly held shares requirement, as outlined in Nasdaq Listing Rule 5450(b)(2&3)(C). Benzinga reports.
Today’s Notable Earnings
*Estimate and Actual numbers represent Earnings Per Share in US Dollars
NFLX: Netflix
Q4 2024
After Market Close
Estimate: 4.200
Actual: N/A
UAL: United Airlines Holdings
Q4 2024
After Market Close
Estimate: 3.010
Actual: N/A
ZION: Zions Bancorporation
Q4 2024
After Market Close
Estimate: 1.260
Actual: N/A
Today’s Key Economic Dates
Time (ET) / Report / Period
None scheduled
Parting Thoughts
“Every trader has strengths and weaknesses. Some are great analysts, but can’t pull the trigger. Others can but don’t know when to sell. The best traders learn how to work around their weaknesses.”
― Jack D. Schwager
Sourced in:
"Market Wizards: Interviews with Top Traders’’, by Jack D. Schwager, published
in 1989.