{"id":24546,"date":"2025-02-10T09:43:13","date_gmt":"2025-02-10T15:43:13","guid":{"rendered":"https:\/\/www.eoption.com\/mid-morning-look-february-10-2025\/"},"modified":"2025-02-10T09:43:13","modified_gmt":"2025-02-10T15:43:13","slug":"mid-morning-look-february-10-2025","status":"publish","type":"post","link":"https:\/\/www.eoption.com\/mid-morning-look-february-10-2025\/","title":{"rendered":"Mid-Morning Look: February 10, 2025"},"content":{"rendered":"\n<div>\n<div style=\"padding:10mm 10mm 0\">\n<p class=\"normal\"><b><span style=\"font-size:20.0pt; color:#404040\">Mid-Morning Look<\/span><\/b><\/p>\n<p class=\"normal\" style=\"line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:#7F7F7F\">Monday, February 10, 2025<\/span><\/b><\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\" width=\"60%\" style=\"margin-left:5.4pt; border-collapse:collapse; border:none\">\n<tbody>\n<tr style=\"height:19.65pt\">\n<td width=\"27%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:22.5pt; text-indent:-13.5pt; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">Index<\/span><\/p>\n<\/td>\n<td width=\"34%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">Up\/Down<\/span><\/p>\n<\/td>\n<td width=\"20%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">%<\/span><\/p>\n<\/td>\n<td width=\"18%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">Last<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"27%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:22.5pt; text-indent:-13.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">DJ Industrials<\/span><\/b><\/p>\n<\/td>\n<td width=\"34%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">96.74<\/span><\/p>\n<\/td>\n<td width=\"20%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.22%<\/span><\/p>\n<\/td>\n<td width=\"18%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">44,401<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"27%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:22.5pt; text-indent:-13.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">S&amp;P 500<\/span><\/b><\/p>\n<\/td>\n<td width=\"34%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">40.33<\/span><\/p>\n<\/td>\n<td width=\"20%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.67%<\/span><\/p>\n<\/td>\n<td width=\"18%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">6,066<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"27%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:22.5pt; text-indent:-13.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">Nasdaq<\/span><\/b><\/p>\n<\/td>\n<td width=\"34%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">240.79<\/span><\/p>\n<\/td>\n<td width=\"20%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">1.23%<\/span><\/p>\n<\/td>\n<td width=\"18%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">19,762<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"27%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:22.5pt; text-indent:-13.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">Russell 2000<\/span><\/b><\/p>\n<\/td>\n<td width=\"34%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">2.93<\/span><\/p>\n<\/td>\n<td width=\"20%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.13%<\/span><\/p>\n<\/td>\n<td width=\"18%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">2,282<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"normal\" style=\"margin-left:9.0pt\"><span style=\"font-size:11.5pt\">&nbsp;<\/span><\/p>\n<p class=\"body-copy\">&nbsp;<\/p>\n<p class=\"body-copy\">U.S. stocks markets are off to a very strong start to the week, trading at highs with broad based strength, looking to erase last Friday and weekly declines. Big gains early for Technology (<span class='nt-symbol'>XLK<\/span>) and Energy (<span class='nt-symbol'>XLE<\/span>), both up over 1.5% while year-to-date winner Financials (<span class='nt-symbol'>XLF<\/span>) takes a breather. U.S. markets appear unphased by the increased tariff\/trading rhetoric between China and the US after President Donald Trump&rsquo;s pledged to impose 25% tariffs on all imports of steel and aluminum (which is boosting <span class='nt-symbol'>US<\/span> listed metals names in steel, aluminum sectors) and also his reported plans to make an announcement on reciprocal tariffs early this week. German Chancellor Olaf Scholz warned the EU is prepared to respond if <span class='nt-symbol'>US<\/span> tariffs target European goods. The US dollar rallied alongside gold, which rose to a record high above $2,930 an ounce after Trump&rsquo;s comments on Sunday added to increasing uncertainty in global financial markets. News and market catalysts tend to heat up the rest of the week with Fed Chairman Powell testifying on Capitol Hill tomorrow and Wednesday discussing the economy and monetary policy, along with consumer price index (<span class='nt-symbol'>CPI<\/span>) inflation data on Wednesday 2\/12 and Retail Sales Friday 2\/14 and another busy week of corporate earnings. <\/p>\n<p class=\"normal\"><span style=\"font-size:11.5pt; color:#404040\">&nbsp;<\/span><\/p>\n<p class=\"normal\" style=\"margin-left:.25in; text-indent:-.25in\"><span style=\"font-size:11.5pt; color:#404040\">&nbsp;<\/span><\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\" width=\"60%\" style=\"margin-left:5.4pt; border-collapse:collapse; border:none\">\n<tbody>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">Macro<\/span><\/p>\n<\/td>\n<td width=\"34%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">Up\/Down<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">Last<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">WTI Crude<\/span><\/b><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.78<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">71.78<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">Brent<\/span><\/b><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.70<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">75.36<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">Gold<\/span><\/b><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">48.00<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">2,935.60<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">EUR\/USD<\/span><\/b><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:red\">-0.0009<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:red\">1.0318<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">JPY\/USD<\/span><\/b><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.26<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">151.65<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">10-Year Note<\/span><\/b><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:red\">-0.018<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:red\">4.469%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"normal\"><span style=\"font-size:11.5pt; color:black\">&nbsp;<\/span><\/p>\n<div class=\"page-br mt-8\">\n<p class=\"subhead\">Sector Movers Today<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\">In Casinos &#038; Gaming: Citigroup downgraded shares of Wynn Macau (<b><span class='nt-symbol'>WYNMF<\/span><\/b>), Melco (<b><span class='nt-symbol'>MLCO<\/span><\/b>) and Sands China (<b><span class='nt-symbol'>SCHYY<\/span><\/b>) to Neutral from Buy at Citi in Chinese casino names saying first it was the lower-than-anticipated GGR of MOP589M\/day in Jan-25 and then it was the disappointing CNY GGR print. The firm said these two data points make them more cautious on near-term GGR trends. Citigroup now forecast Macau GGR to grow only +3% YoY (previously +7%), with 1H25E GGR expected to fall 1% YoY.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\">In Life Sciences: several stocks fall (<b><span class='nt-symbol'>BRKR<\/span>, <span class='nt-symbol'> TXG<\/span>, <span class='nt-symbol'> AVTR<\/span>, <span class='nt-symbol'> TMO<\/span><\/b>) following NIH announcement on the funding of indirect costs. Barclays upgraded shares of <b>Agilent (<span class='nt-symbol'>A<\/span>)<\/b> and raise tgt to $145 from $135 and upgraded <b><span class='nt-symbol'>WAT<\/span><\/b> (<span class='nt-symbol'>PT<\/span> to $415 from $360) both to Equal Weight from Underweight (cut tgts on <b><span class='nt-symbol'>TXG<\/span>, <span class='nt-symbol'> BRKR<\/span><\/b>) saying they expected the group to be down today and sentiment to shift more negative on A&#038;G names following Friday&#8217;s news around the Trump Administration&#8217;s implementation of a 15% cap for NIH reimbursement of &#8220;indirect costs&#8221; on the grants it awards Universities. Indirect costs are mostly overhead items for facilities and back-office administration. These typically range around 27%-28%+. The estimated savings would be ~$4B off of the $36B in funding. <\/li>\n<li class=\"page-br\">In the Food Sector: <b><span class='nt-symbol'>HAIN<\/span><\/b> shares tumbled after Q2 sales of $411.5M missed the $430.8M estimate and widened loss while lowering its FY25 organic sales view to decline between 2% and 4%, down from prior view of flat or better. <b><span class='nt-symbol'>KHC<\/span><\/b> was downgraded to Neutral at Mizuho, reducing ests saying food industry volume is eroding for many categories despite moderating inflation &#038; stabilizing leftovers consumption. Mizuho views <b><span class='nt-symbol'>BRBR<\/span>, <span class='nt-symbol'> SMPL<\/span>, <span class='nt-symbol'> LTH<\/span><\/b>, &#038; <b><span class='nt-symbol'>NOMD<\/span><\/b> as best positioned with material risks for <b><span class='nt-symbol'>HSY<\/span><\/b> <b><span class='nt-symbol'>CELH<\/span><\/b> price tgt and estimates reduced to below consensus at Stifel for 2025-2026 sales and adjusted EBITDA reflecting weakening sales trends in scanner data tracked channels which it thinks could result in additional modest destocking of inventories by PepsiCo.<\/li>\n<li class=\"page-br\">In Metals &#038; Mining: Huge lift for US aluminum (<b><span class='nt-symbol'>CENX<\/span>, <span class='nt-symbol'> AA<\/span><\/b>), steel (<b><span class='nt-symbol'>NUE<\/span>, <span class='nt-symbol'> X<\/span>, <span class='nt-symbol'> STLD<\/span>, <span class='nt-symbol'> CLF<\/span><\/b>) producers after President trump said Sunday, he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties, in another major escalation of his trade policy overhaul. Gold miners also surging early (<b><span class='nt-symbol'>GOLD<\/span>, <span class='nt-symbol'> AEM<\/span>, <span class='nt-symbol'> NEM<\/span><\/b>, etc.) as gold prices top $2,930 an ounce for record highs as upside buying momentum continues as safe haven demand heats up on tariff impact fears on inflation.<\/li>\n<\/ul>\n<p class=\"normal\"><span style=\"font-size:14.0pt; color:#00B050\">&nbsp;<\/span><\/p>\n<div class=\"page-br mt-8\">\n<p class=\"subhead\">Stock GAINERS<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\"><b><span class='nt-symbol'>AXSM<\/span><\/b> +18%; after announces patent settlement litigation w <b><span class='nt-symbol'>TEVA<\/span><\/b> over Auvelity.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\"><b><span class='nt-symbol'>BABA<\/span><\/b> +5%; as US listed China stocks jump early despite aggressive trade tension\/tariff headlines with US.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>BP<\/span><\/b> +6%; shares rise after investor Elliott Management built a stake in the energy major it is expected to use to press for a change in strategy and to the board.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>MBLY<\/span><\/b> +17%; was upgraded to Neutral at Bank America on limited downside risk, bottoming sentiment; separately, rises as Tech Crunch reported <b><span class='nt-symbol'>LYFT<\/span><\/b> is planning to launch fully autonomous robotaxis, powered by <b><span class='nt-symbol'>MBLY<\/span><\/b> to its app as soon as 2026 in Dallas.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>META <\/span><\/b>+1%; looking to extend winning streak to 16 straight days.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>MNDY<\/span><\/b> +29%; after results and guidance came in above consensus views.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>NEM <\/span><\/b>+3%; along with gains in <b><span class='nt-symbol'>AEM<\/span>, <span class='nt-symbol'> GOLD<\/span><\/b> and other gold miners as gold prices topped $2,930 an ounce for new record highs as upside buying momentum continues.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>NUE <\/span><\/b>+5%; shares of US aluminum (<b><span class='nt-symbol'>CENX<\/span>, <span class='nt-symbol'> AA<\/span><\/b>), steel (<b><span class='nt-symbol'>NUE<\/span>, <span class='nt-symbol'> X<\/span>, <span class='nt-symbol'> STLD<\/span>, <span class='nt-symbol'> CLF<\/span><\/b>) producers rise after President trump said Sunday, he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties, in another major escalation of his trade policy overhaul.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>SWTX<\/span><\/b> +30%; after Reuters reported Merck KGaA in talks to buy SpringWorks Therapeutics. If the talks are successful, a deal could be signed in the coming weeks, the three sources said <a href=\"https:\/\/nam12.safelinks.protection.outlook.com\/?url=https%3A%2F%2Ftinyurl.com%2Fmr2pu9vk&amp;data=05%7C02%7Chammerstone%40regalsecurities.com%7Cd1154e96231043b301b608dd49e97f25%7C434827bab4eb4dc0b4031a7afe4d47c3%7C0%7C0%7C638747989673496079%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=OtVUkvcrNpagYhne6dwjBtnGXs0YrM5q30o5U1zPymE%3D&amp;reserved=0\" originalsrc=\"https:\/\/tinyurl.com\/mr2pu9vk\" shash=\"rHDeqvq1XayUcOP7M1ZjWV73HIqcu\/r1mrR8waIfs8SHoW9Lf+JmbAhmp5aaSnBRGA3aaA9tTptyP8TbbbVWj82hyRjisrwTUKc\/UphAiUecF2j8abLK8+fIGD5tJ0qdxu6wW80OIILkYhNVE307sCo94Jx8Jm7cBrn4rgbebcE=\" target=\"_blank\" rel=\"noopener\">https:\/\/tinyurl.com\/mr2pu9vk<\/a><\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>TMUS<\/span><\/b> +2%; said Sunday it will launch its satellite-to-cell service, powered by SpaceX&#8217;s Starlink, in July for $15 a month; T-Mobile began wide-scale testing of the service on Sunday, which will be free till its launch; after its launch, the service will be included in T-Mobile&#8217;s premium Go5G Next plan at no extra cost.<\/li>\n<\/ul>\n<p class=\"normal\"><span style=\"font-size:11.5pt; color:#404040\">&nbsp;<\/span><\/p>\n<div class=\"page-br mt-8\">\n<p class=\"subhead\">Stock LAGGARDS<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\"><b><span class='nt-symbol'>EPC<\/span><\/b> -12%; after Q1 results miss and cautious guide; Q1 adj EPS $0.07 vs. est. $0.12; Q1 revs $478.4M vs. est. $480.16M; sees FY25 adjusted EPS at lower end of $3.15-$3.35 range (est. $3.18); sees FY25 adjusted EBITDA at lower end of $356M-$368M.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\"><b><span class='nt-symbol'>HAIN<\/span><\/b> -23%; after Q2 sales $411.5M missed the $430.8M estimate and widened loss while lowered its FY25 organic sales view to decline between 2% and 4%, down from prior view of flat or better.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>ILMN<\/span><\/b> -6%; downgraded to Underweight from Equal Weight at Barclays given the recent China news and the risk to management&#8217;s &#8217;25 and LRP guidance.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>ON <\/span><\/b>-6%; shares fell on results and weaker guidance, impacting on the auto related semi chip makers (<b>NXPI, ADI, STM early<\/b>) as reported Q4 revs fell -15% y\/y to $1.72B vs. est. $1.76B as EPS missed on adj operating margin 26.7% vs. 31.6% y\/y, as R&#038;D expenses $155.2M, +3.3% y\/y; guided Q1 revs $1.35B-41.45B vs. est. $1.69B.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>PLRX<\/span><\/b> -62%; after announced it has voluntarily paused enrollment and dosing for the BEACON-IPF Ph2B\/3 study which examines bexotegrast for idiopathic pulmonary fibrosis (<span class='nt-symbol'>IPF<\/span>).<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>SCHW<\/span><\/b> -3%; as Canada&#8217;s TD Bank is looking to exit its full investment in SCHW through a secondary offering, the companies say; top shareholder TD currently holds 184.7 million shares in SCHW, or a 10.1% stake worth $15.36 billion; TD plans to use C$8 billion ($5.58B) of the proceeds to repurchase its stock.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>SMTC <\/span><\/b>-31%; announced 2026 net sales of CopperEdge products are expected to be lower than the company&rsquo;s floor case estimates of $50M due to rack architecture changes.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>TXG<\/span><\/b> -12%; along with weakness <b><span class='nt-symbol'>BRKR<\/span>, <span class='nt-symbol'> TMO<\/span><\/b> others after the NIH, the U.S. government&#8217;s largest source of federal funds for medical research, said late Friday it plans to reduce indirect costs across both existing and future grants related to biomedical research.<\/li>\n<\/ul>\n<\/div>\n<p>  <meta http-equiv=\"Content-Type\" content=\"text\/html; charset=utf8\"><meta name=\"Generator\" content=\"Microsoft Word 15 (filtered)\"><\/p>\n<style> <!-- body \t{margin:0; \tfont-family:'Roboto',sans-serif} table \t{break-inside:avoid; \tpage-break-inside:avoid; \tmargin-top:5mm} .page-br \t{break-inside:avoid; \tpage-break-inside:avoid} .mt-5 \t{margin-top:5mm} .mt-8 \t{margin-top:8mm} .normal \t{margin:0; \tfont-size:12pt} .body-copy \t{margin:0; \tline-height:115%; \tfont-size:11.5pt; \tcolor:#404040} .subhead \t{margin:0; \tfont-size:14pt; \tcolor:#F79646; \tfont-weight:bold} .sector \t{margin:0; \tfont-size:11.5pt; \tcolor:#404040; \tfont-weight:bold; \tfont-style:italic; \ttext-decoration:underline} .calendar-date \t{margin:0; \tfont-size:18pt; \tcolor:#632423; \tfont-weight:bold; \ttext-decoration:underline} --> <\/style>\n<style>     @media only screen and (max-width: 500px) {       td p.MsoNormal {         text-indent: 0!important;         margin: 0!important;       }     } <\/style>\n<style>div[class*=WordSection]>p {line-height: inherit !important;}div[class*=WordSection] a:not([href]) {color: inherit !important;}<\/style>\n<div>\n<div>_________________________________________________________________<\/div>\n<div>\n<p><em>Market commentary provided by Hammerstone Markets, Inc, a firm separate from and not affiliated with Regal Securities. Regal Securities has not participated in the creation of the content, and does not explicitly or implicitly endorse the content.<\/em><\/p>\n<\/p><\/div>\n<div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mid-Morning Look Monday, February 10, 2025 Index Up\/Down % Last DJ Industrials 96.74 0.22% 44,401 S&amp;P 500 40.33 0.67% 6,066 Nasdaq 240.79 1.23% 19,762 Russell 2000 2.93 0.13% 2,282 &nbsp; &nbsp; U.S. stocks markets are off to a very strong start to the week, trading at highs with broad based strength, looking to erase last Friday and weekly declines. Big &#8230; <a href=\"https:\/\/www.eoption.com\/mid-morning-look-february-10-2025\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-24546","post","type-post","status-publish","format-standard","hentry","category-daily-market-insights","no-post-thumbnail"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/posts\/24546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/comments?post=24546"}],"version-history":[{"count":0,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/posts\/24546\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/media?parent=24546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/categories?post=24546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/tags?post=24546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}