Market Movers: Geopolitics & Earnings

Fresh news and strategies for traders. SPY Trader episode #1235. Hey everyone, it's your pal Finny McFinance here, and welcome to Spy Trader! It's 6 am on Friday, June 13th, 2025, Pacific time, and let's dive right into what's moving the markets today. So, buckle up, buttercups! The US500 closed down 1.16% yesterday, settling at 5975 points. While that's a bummer for the day, we're still up 1.41% over the last month and a solid 10.01% from this time last year. Wall Street took a breather on Wednesday, with the S&P 500 dipping slightly after getting close to its alltime high. Now, what's been buzzing? Well, Israel's strike on Iran is causing jitters, with futures dropping and oil prices jumping. Geopolitical stuff always throws a wrench in the gears, threatening global growth and all that jazz. On the brighter side, Thursday saw equity markets closing higher because jobless claims are steady and inflation wasn't as bad as feared. May's inflation data was softer than expected, with the CPI only rising 0.1% for the month. Let's talk sectors. Utility and tech stocks were the MVPs yesterday, while communication and consumer discretionary sectors kinda dragged their feet. Keep an eye on those sector rotations, folks! They tell a story. Oracle's stock went bonkers after their earnings report, which is why the tech sector did well. Larry Ellison is probably doing a happy dance all the way to the bank. On the flip side, Tesla took a hit after President Trump hinted at canceling government contracts. Talk about a tweet heard 'round the world! Macrowise, GDP shrank a bit in the first quarter, and jobless claims are hanging steady. Inflation's still a thing, but maybe not as scary as we thought. And oh boy, that national debt keeps climbing. Someone needs to find that money tree! Apple's stock also dipped a bit after they showed off their new software changes. You win some, you lose some, right? Okay, Finny's Trading Tips Time! Given all this upanddown action, I'd say diversify your investments. Don't put all your eggs in one basket, especially with the world being a bit topsyturvy right now. Consider defensive sectors like healthcare and consumer staples, those tend to hold up better when things get dicey. Keep a hawk eye on those economic reports too! GDP, inflation, employment – they're all clues in the market mystery. Also, watch out for earnings announcements. Companies about to announce earnings are likely to experience higher volatility. That's it for today's Spy Trader! Stay frosty, keep your wits about you, and remember: even a broken clock is right twice a day. I'm Finny McFinance, signing off. Happy trading!