{"id":24573,"date":"2025-02-14T15:09:43","date_gmt":"2025-02-14T21:09:43","guid":{"rendered":"https:\/\/www.eoption.com\/market-review-february-14-2025\/"},"modified":"2025-02-14T15:09:43","modified_gmt":"2025-02-14T21:09:43","slug":"market-review-february-14-2025","status":"publish","type":"post","link":"https:\/\/www.eoption.com\/market-review-february-14-2025\/","title":{"rendered":"Market Review: February 14, 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\">Closing Recap<\/span><\/b><\/p>\n<p class=\"normal\" style=\"line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:#7F7F7F\">Friday, February 14, 2025<\/span><\/b><\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\" width=\"58%\" style=\"border-collapse:collapse; border:none; margin-left:6.75pt; margin-right:6.75pt\">\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:red\">-165.97<\/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:red\">0.37%<\/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:red\">44,545<\/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:red\">-0.47<\/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:red\">0.01%<\/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:red\">6,114<\/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\">81.13<\/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\">0.41%<\/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\">20,026<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"27%\" style=\"border:none; background:#DBE5F1; 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:#DBE5F1; 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:red\">-2.20<\/span><\/p>\n<\/td>\n<td width=\"20%\" style=\"border:none; background:#DBE5F1; 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:red\">0.10%<\/span><\/p>\n<\/td>\n<td width=\"18%\" style=\"border:none; background:#DBE5F1; 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:red\">2,279<\/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=\"normal\" style=\"margin-left:9.0pt\"><span style=\"font-size:11.5pt\">&nbsp;<\/span><\/p>\n<p class=\"normal\" style=\"margin-left:9.0pt\"><span style=\"font-size:11.5pt\">&nbsp;<\/span><\/p>\n<p class=\"normal\" style=\"margin-left:9.0pt\"><span style=\"font-size:11.5pt\">&nbsp;<\/span><\/p>\n<p class=\"normal\" style=\"margin-left:9.0pt\"><span style=\"font-size:11.5pt\">&nbsp;<\/span><\/p>\n<p class=\"normal\" style=\"margin-left:9.0pt\"><span style=\"font-size:11.5pt\">&nbsp;<\/span><\/p>\n<p class=\"normal\" style=\"margin-left:9.0pt\"><span style=\"font-size:11.5pt\">&nbsp;<\/span><\/p>\n<p class=\"normal\" style=\"margin-left:9.0pt\"><span style=\"font-size:11.5pt\">&nbsp;<\/span><\/p>\n<p class=\"normal\" style=\"margin-left:9.0pt\"><span style=\"font-size:11.5pt\">&nbsp;<\/span><\/p>\n<p class=\"body-copy\">After a week of big market swings and strong rallies, Friday was pretty quiet, with the S&#038;P trading in a narrow range after coming up just short of its all-time intraday high of 6,182.18&hellip;while &ldquo;buying the dip&rdquo; continues to pay handsome dividends. In fact, one can say so far in 2025, (much like 2024) the market mantra remains &ldquo;every dip is a buying opportunity. The bigger the dip, the bigger the opportunity,&rdquo; as evident over the last 3-week period. We saw the big market plunge on DeepSeek competition fears three weeks ago for tech, then the tariff headline decline impact last Monday (before subsequent bounce), and the &ldquo;hotter&rdquo; <span class='nt-symbol'>CPI<\/span> reading dip on Wednesday, before recovering all the losses by early next day to new highs today. Global markets remain well bid with US S&#038;P 500 at record highs, <span class='nt-symbol'>STOXX<\/span> 600 and German Dax hitting record highs this week and Asian stocks too posting big gains. The S&#038;P sector strength has been broad based to start the year with Communications (<span class='nt-symbol'>XLC<\/span> the big winner +8.75% <span class='nt-symbol'>YTD<\/span>) thanks too <span class='nt-symbol'>META<\/span> which posted its 20<sup>th<\/sup> straight day of gains today, Materials (<span class='nt-symbol'>XLB<\/span> +7.5% <span class='nt-symbol'>YTD<\/span>), Financials (<span class='nt-symbol'>XLF<\/span> +7.5%) and Healthcare (<span class='nt-symbol'>XLV<\/span> +5.85%) rounding out the top winners&hellip;though all eleven <span class='nt-symbol'>S<\/span>&#038;P sectors are higher on the year. Economic data has not been market friendly, with signs of rising inflation (<span class='nt-symbol'>CPI<\/span>, <span class='nt-symbol'>PPI<\/span>) while retail sales today showed a sharp decline, yet markets still shrug it off. We head into the long holiday weekend with stock and bond markets closed Monday for President&rsquo;s Day. <\/p>\n<div class=\"page-br mt-8\">\n<p class=\"subhead\">Economic Data<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\">January retail sales declined -0.9% a disappointment from the consensus decline of -0.1%); Jan Retail-Sales Ex-autos fell -0.4% (vs. consensus +0.3%) and vs Dec +0.7%; Jan gasoline sales +0.9% vs Dec +2.1%, Jan cars\/parts sales -2.8% vs Dec +0.9% and Jan Retail Sales Ex-autos\/gasoline -0.5% vs Dec +0.5% (prev +0.3%). Jan Retail Sales Ex-autos\/gas\/building materials\/food services -0.8% (cons +0.3%) vs Dec +0.8% (prev +0.7%).<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\">January import prices +0.3% (below consensus +0.4%) and vs Dec +0.2% while Jan export prices rose +1.3% (above consensus +0.3%) and vs Dec +0.5%; U.S. Jan non-petroleum import prices +0.1%, year-over-year +1.8%; Jan petroleum import prices +2.9% vs Dec +0.6%; Jan year-over-year import prices +1.9%, export prices +2.7%.<\/li>\n<li class=\"page-br\">January Industrial output rose +0.5%, above consensus +0.3% and vs Dec +1.0% while capacity utilization rate 77.8% slightly above consensus 77.7% and vs Dec 77.5%; Jan manufacturing output -0.1% (consensus +0.1%) vs Dec +0.5% (previous +0.6%); cap use 76.3% vs Dec 76.4%.<\/li>\n<li class=\"page-br\">Dec inventory\/sales ratio 1.35 months&#8217; worth vs Nov 1.37 months; Dec Business Inventories -0.2% (consensus unchanged) vs Nov +0.1% (prev +0.1%); Dec business sales +0.8% vs Nov +0.6% (prev +0.5%).<\/li>\n<\/ul>\n<div class=\"page-br mt-8\">\n<p class=\"subhead\">Commodities, Currencies &amp; Treasuries<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\">Gold prices slipped on Friday, down -$44.70 to settle at $2,900.70 an ounce in a bout of profit taking after hitting fresh all-time highs multiple times this week. Demand for the precious metal has been overwhelming given inflation concerns, tariff uncertainty with trade partners and a pullback in the US dollar. Gold prices still finished higher for a seventh straight weekly rise despite the drop today. <\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\">Oil prices slid again on Friday, with WTI crude -$0.55 or 0.77% to settle at $70.74 per barrel (down -0.37% on week) while Brent crude fell -$0.28 or 0.37% to settle at $74.74 per barrel. Natural gas prices rose 12.57% on week to $3.725 mln Btus, a 41.5c move on week after rising 2.67% today, now up 5- straight days.<\/li>\n<li class=\"page-br\">The Euro advanced +0.3% to around 105 level, highest in 2 months, while the dollar\/yen moved back towards the 152 level off earlier 2025 highs above 158. Treasury yields moved in a wide range this week, recovering the 4.5% on the 10-year beginning of the week, moving as high as 4.65% on Wednesday after the CPI data came in hot, then cooled Thursday and today following PPI and Retail sales to hit lows od 4.45% before ending at 4.48%. <\/li>\n<\/ul>\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=\"35%\" 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:red\">-0.55<\/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:red\">70.74<\/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:red\">-0.28<\/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\">74.74<\/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:red\">-44.70<\/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:red\">2,900.70<\/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:#00B050\">0.0034<\/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\">1.0503<\/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:red\">-0.55<\/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:red\">152.25<\/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\">-0.05<\/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\">4.475%<\/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 News Breakdown<\/p>\n<p class=\"sector\">Retail, Consumer Staples &amp; Restaurants:<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\">In Retail: Europe\u2019s <b>Hermes (HESAY)<\/b> said sales rose 18% in Q4, exceeding expectations for a 10% rise and on a 9-point acceleration in the US &amp; 8 in Asia. Like Richemont, <b><span class='nt-symbol'>HESAY<\/span><\/b> grew 20%+ ex-Asia as top-tier luxury cleans up. <b><span class='nt-symbol'>GME <\/span><\/b>shares were volatile after CNBC reported the co is exploring investments in alternative asset classes, including crypto and in particular bitcoin, three sources said <a href=\"https:\/\/nam12.safelinks.protection.outlook.com\/?url=https%3A%2F%2Ftinyurl.com%2F4nze6d7z&amp;data=05%7C02%7Chammerstone%40regalsecurities.com%7C864afcf9eec74027911d08dd4d3b047f%7C434827bab4eb4dc0b4031a7afe4d47c3%7C0%7C0%7C638751639275478835%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=QTMGtpWdsva0d2ec2D41xtr3YoDvehmDdM3w6tNJ%2FlM%3D&amp;reserved=0\" originalsrc=\"https:\/\/tinyurl.com\/4nze6d7z\" shash=\"v3Pq1L3MK1zf4VzSwDns4psM5lxTZVQkkeHEqqUgt9aSysbHGy3AO2FfjQIn1hZnhSLfY9DcHJkCIfRCf9rP9PXrUsjC4DmlEnQwwdtrsEJ5XaL2RIBLp63IAJTTeRcfcIgij0qd2PoGGUiq07EmmRAEsxra2rKlDEy870gWk2g=\" target=\"_blank\" rel=\"noopener\">https:\/\/tinyurl.com\/4nze6d7z<\/a> . In China online retail, shares of <b><span class='nt-symbol'>BABA<\/span>, <span class='nt-symbol'> PDD<\/span><\/b>, among others extend gains as US listed China stock upward momentum continues.<b><span class='nt-symbol'> LULU<\/span><\/b> shares remained weak all day, falling over 5%.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\">In Home Improvement: <b><span class='nt-symbol'>FND <\/span><\/b>was upgraded from Market Perform to Outperform at Telsey and raised tgt to $115 saying while anticipating Floor &amp; Decor&#8217;s sales may remain soft in the short term, it expects performance to improve solidly as 2025 progresses as the housing market has picked up steam. For home furnishing stocks (<b><span class='nt-symbol'>W<\/span>, <span class='nt-symbol'> BYON<\/span>, <span class='nt-symbol'> ARHS<\/span>, <span class='nt-symbol'> RH<\/span>, <span class='nt-symbol'> WSM<\/span>, <span class='nt-symbol'> ETD<\/span>, <span class='nt-symbol'> LZB<\/span><\/b>), @ActAccordingly noted \u201cFurniture and home furnishings sales increased 3.7% YOY (adjusted) in January, the 5th consecutive month of YOY growth for the industry. Category spend per household for 2024 was a meager 8% higher than 2019 levels well below longer term trends (after an enormous increase and violent decline in the past 5-years).&nbsp;3-5% annual category growth (or much higher if existing home sales rebound) seems highly likely.\u201d<\/li>\n<li class=\"page-br\">In Food sector: shares of egg producers (<b><span class='nt-symbol'>CALM<\/span>, <span class='nt-symbol'> PPC<\/span>, <span class='nt-symbol'> VITL<\/span><\/b>) fell after a mid-afternoon press release from Zoetis saying they receives conditional license from USDA for Avian Influenza Vaccine, H5N2 subtype, killed virus\u201d. <b><span class='nt-symbol'>THS <\/span><\/b>shares rallied despite weaker results, posting a slight decline in Q4 sales (missing estimates) while their guidance for the current quarter and year came in below Wall Street&#8217;s estimates guiding Q1 revenue $785M-$800M vs. est. $835.3M; shares of <b><span class='nt-symbol'>KLG<\/span><\/b> a standout to the upside with a midday surge. <\/li>\n<\/ul>\n<div class=\"page-br mt-5\">\n<p class=\"sector\">Leisure, Gaming &amp; Lodging:<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\">In Online Travel\/Lodging: <b><span class='nt-symbol'>ABNB<\/span><\/b> shares jumped as reported solid 4Q24 results, with the top- and bottom-lines coming in better than expected, while FX headwinds and tough y\/y comps weighed on 1Q25&#8217;s top-line guidance, and adj. EBITDA margin commentary was better than expected.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\">In Autos: auto supplier <b><span class='nt-symbol'>MGA<\/span><\/b> cut its 2026 sales estimate to be between $40.5B-$42.6B from prior view of $48.8B-$51.2B while offering a weak revenue forecast for the current year on Friday and said challenges such as uncertain government policies have made forecasting &quot;more difficult&quot; <b><span class='nt-symbol'>AXL <\/span><\/b>posted a smaller Q4 EPS loss on slightly weaker revs but shares rose after guides FY adj Ebitda $700M to $760M vs. est. $706.8M on better FCF; <b><span class='nt-symbol'>GT<\/span><\/b> shares benefit from a top and bottom line Q4 beat in the tire sector. <\/li>\n<li class=\"page-br\">In Casino &amp; Gaming: <b><span class='nt-symbol'>WYNN<\/span><\/b> rises on earnings reports as Stifle noted results and outlook probably aren&#8217;t as strong as MGM&#8217;s the day prior, but was pretty close and more importantly should allow WYNN shares to move higher; <b><span class='nt-symbol'>DKNG<\/span><\/b> reported Q424 revenue of $1.393B, increasing 13% YoY, exceeding lowered Street expectations following the unlucky sport outcomes in October and December as analysts noted the stretch of bad outcomes proved to be one of the worst NFL seasons in history for sportsbooks. EBITDA of +$89M also exceeded expectations. <b><span class='nt-symbol'>MGM<\/span><\/b> was upgraded to Buy from Hold at Argus citing Q4 earnings beat, noting the year-to-date improvement in its Regional properties and the operations on Las Vegas Strop position MGM to benefit from strong demand in 2025. <\/li>\n<li class=\"page-br\">In Education\/Learning: <b><span class='nt-symbol'>UDMY <\/span><\/b>Q1 and FY25 revenue guidance were slightly below consensus while the adj. EBITDA outlook was ahead of expectations for both periods, reflecting the continued expectation that 2025 will be a transition year as the company works through changes to its sales and marketing approach.<\/li>\n<\/ul>\n<div class=\"page-br mt-5\">\n<p class=\"sector\">Energy, Industrials and Materials<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\">In Utilities: Early earnings season a disappointment for the sector as 30 of the 72 utilities that have reported are showing a -9.88% sales surprise and -4.66% on earnings surprise, the only sector with negative surprises as per Bloomberg data. <b><span class='nt-symbol'>PCG<\/span><\/b> was downgraded to Underweight at Morgan Stanley and lowers PTs and bear cases for EIX as well and bear cases for both. Notes <b><span class='nt-symbol'>EIX<\/span><\/b> has declined 37% YTD and PCG has declined 26% YTD, with the stocks now trading at discounts of 47% and 42%, respectively, to the broader utilities group, but would not be buyers.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\">In Paper &amp; Packaging: <b><span class='nt-symbol'>CLW<\/span><\/b> shares declined after saying they will cut 10% of positions across company; said Q4 sales fell -5.8% y\/y to $483M saying they continue to experience challenging SBS industry conditions, with supply exceeding demand. <b><span class='nt-symbol'>IP<\/span>, <span class='nt-symbol'> SW<\/span>, <span class='nt-symbol'> PKG<\/span><\/b> shares advanced the day prior after IP announced facility closures noting permanent closure of the company\u2019s Red River Containerboard Mill In Campti, La., recycling plant in Phoenix, Az.<\/li>\n<li class=\"page-br\">In Aerospace &amp; Defense: Shares of defense contractors <b><span class='nt-symbol'>GS<\/span>, <span class='nt-symbol'> LMT<\/span>, <span class='nt-symbol'> NOC<\/span>, <span class='nt-symbol'> RTX<\/span>, <span class='nt-symbol'> LHX<\/span><\/b> extended prior day declines, while government service contractors <b><span class='nt-symbol'>BAH<\/span>, <span class='nt-symbol'> CACI<\/span>, <span class='nt-symbol'> SAIC<\/span>, <span class='nt-symbol'> HII<\/span>, <span class='nt-symbol'> MRCY<\/span><\/b> also remain volatile a day after President Trump&#8217;s recent comments on reducing military expenditure and nuclear weapons buildup. Goldman Sachs said they expect small reductions in defense spending over the medium-term and continue to see margin headwinds in the group as they maintain their cautious view on the group. <\/li>\n<li class=\"page-br\">In Metals &amp; Mining: <b><span class='nt-symbol'>GLNCY<\/span><\/b> held talks over sale of multibillion dollar African copper mines, the Financial Times reported this morning. Glencore last month rejected unsolicited bid for the mines from potential buyer in the middle east because the offer was too low according to the report. Glencore would consider selling part or all of its Congolese assets for the right price.<\/li>\n<li class=\"page-br\">In Transports: airlines rebounded (<b><span class='nt-symbol'>AAL<\/span>, <span class='nt-symbol'> UAL<\/span>, <span class='nt-symbol'> DAL<\/span>, <span class='nt-symbol'> ALK<\/span>, <span class='nt-symbol'> LUV<\/span>, <span class='nt-symbol'> JBLU<\/span><\/b>) after leading the Dow Transports lower yesterday; recall weaker comments\/outlook from Hyatt <b>(H) <\/b>Thursday was partial to blame for group while <b><span class='nt-symbol'>ABNB<\/span><\/b> commentary today may be helping. Also note, Deutsche Bank said today, \u201cit appears that recent commentary from some of the carriers (E.G., too much capacity in Boston and an over-supplied market in Chicago) has been interpreted by some investors as the beginning of the end of the airline trade. As such, the stocks have traded off the past two weeks with some names down more than 15%.&quot;<\/li>\n<\/ul>\n<div class=\"page-br mt-5\">\n<p class=\"sector\">Financials<\/p>\n<ul>\n<li class=\"page-br\">In Crypto: <b><span class='nt-symbol'>COIN<\/span><\/b> the top and bottom lines beat the high and increasing expectations; Revenue and adj. EBITDA were the highest in three years; outlook was strong, with 1Q25TD ADV up ~9% QoQ and ~51% YoY (however shares moved lower despite the strong results).<\/li>\n<\/ul>\n<\/div>\n<div class=\"page-br mt-5\">\n<p class=\"sector\">Biotech &amp; Pharma:<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\"><b><span class='nt-symbol'>CRSP <\/span><\/b>upgraded from In Line to Outperform at Evercore\/ISI and raised tgt to $99 from $60 ahead of key catalysts that could usher in a new era for CRSP which includes the addition of in vivo programs CTX320 + CTX310, with 10% and 5% POS, respectively, 8% discount rate, on top of risk adjusted discounts to each program &amp; 1.9B cash.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\"><b><span class='nt-symbol'>GLPG<\/span><\/b> was downgraded to Underweight at Morgan Stanley and cut tgt to $22 from $31 saying deprioritization of GLPG5201 in CLL\/RT leads them to lower PoS in these indications &#8211; both key drivers of value within MSCO&#8217;s model &#8211; and lower its rating to UW.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>MRNA<\/span><\/b> posted a larger-than-expected Q4 EPS loss while revs beat but guided sees Fy25 revs $1.25B-$1.65B below est. $2.43B; said by 2025-end, aims to remove nearly $1B in costs.<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>WST<\/span><\/b> was upgraded to Buy from Hold following Q424 results and a 2025 guide that underwhelmed the Street at Deutsche Bank noting the stock sold off (38%) on the event and views the current price as an attractive entry point for a durable compounder.<\/li>\n<li class=\"page-br\">In the insulin sector: <b><span class='nt-symbol'>DXCM<\/span><\/b> reported full Q4 results, which were, overall, mixed (consistent with the January preannouncement) though the company reiterated its 2025 financial guidance, with a commitment to deliver record domestic new patient additions.<\/li>\n<li class=\"page-br\">In Dialysis: <b><span class='nt-symbol'>DVA<\/span><\/b> shares fell as Q4 results topped views but guided 2025 projections well below consensus as sees FY adj op Inc $2.01-2.16B vs est. $2.077B and adj EPS $10.20-11.30 vs est. $11.24.<\/li>\n<li class=\"page-br\">In MedTech: <b><span class='nt-symbol'>BIO<\/span><\/b> shares fell after Q4 sales of $667.5M missed estimate of $679.3M and guided 2025 revenue growth of about 1.5% to 3.5% and operating margin of ~13% to 13.5%; said it will lay off about 5% of its workforce as a part of its restructuring plan.<\/li>\n<\/ul>\n<div class=\"page-br mt-5\">\n<p class=\"sector\">Internet, Media &amp; Telecom<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\">In Internet: <b><span class='nt-symbol'>GDDY <\/span><\/b>reported a strong beat in Q4, as bookings, revenue, and EBITDA ahead of consensus estimates; delivered 9% constant-currency bookings growth, with A&amp;C up 17% powered by bundling\/pricing; guided FY25 revenue and NEBITDA in line with consensus but growth shy of expectations (+8% y\/y). <b><span class='nt-symbol'>META <\/span><\/b>shares made it a 20<sup>th<\/sup> straight day of gains, boosted early on headlines hires former RealReal CEO to help sell its smart glasses.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\">In Media: <b><span class='nt-symbol'>ROKU <\/span><\/b>reported strong 4Q24 results, with revenue and gross profit coming in 4% and 9% above consensus, while EBITDA was $43M above consensus. Roku provided full-year 2025 guidance with gross profit guidance coming in ~3% ahead of consensus and EBITDA guidance ~$63M above consensus. <b><span class='nt-symbol'>WMG<\/span><\/b> was upgraded to Buy at Citigroup saying on the heels of new contracts between <b><span class='nt-symbol'>SPOT<\/span><\/b> and the labels, Citi expects some of this Gap to narrow as labels have secured price escalators independent of Spotify&#8217;s ARPU<\/li>\n<\/ul>\n<div class=\"page-br mt-5\">\n<p class=\"sector\">Hardware &amp; Software movers:<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\"><b><span class='nt-symbol'>INFA<\/span><\/b> was downgraded at RBC Capital and Deutsche Bank after the co reported a messy\/confusing qtr where results missed expectations; co experienced greater than expected churn; reported Q4 total and cloud annual recurring revenue miss, a steep deceleration in 2025 cloud ARR growth.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\"><b><span class='nt-symbol'>PANW <\/span><\/b>delivered a Q2 print with key metrics above expectations including RPO (+21%-Y\/Y), NGS ARR (+37%-Y\/Y), Revenue (+14%-Y\/Y), Product Revenue (+8%-Y\/Y), and operating margin (+28.4%), and EPS and saw continued traction with its platformization strategy, newer focus areas. <\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>PCOR<\/span><\/b> delivered a solid F4Q print, with better-than-expected revenue (+16% Y\/Y-CC), cRPO (+19% Y\/Y and up mid-teens excluding early renewals), and Total RPO (+29% Y\/Y and the highest growth in six quarters) while slightly raised FY25 revenue (+12% Y\/Y vs. +11% Y\/Y prior) and Operating Margin (13%-13.5% vs. 13% prior).<\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>TWLO<\/span><\/b> reported solid 4Q results with revenue increasing 11% YoY on accelerating messaging volumes, strong email revenues, and broad-based vertical\/regional contributions; shares slip as Q4 EBIT and free cash flow were both in-line with the guidance, while the Q1 revenue growth guidance was slightly below consensus.<\/li>\n<\/ul>\n<div class=\"page-br mt-5\">\n<p class=\"sector\">Semiconductors:<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\"><b><span class='nt-symbol'>AMAT<\/span><\/b> shares slump in semi equipment space after earnings as Q1 topped consensus, but shares slipped as guides Q2 EPS $2.30 plus\/minus $0.18 vs. est. $2.29 and sees Q2 revenue $7.1B plus\/minus $400M vs. est. $7.2B.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\"><b><span class='nt-symbol'>AMD<\/span><\/b> downgraded from Buy to Outperform at Daiwa and cut tgt to $130 from $170 noting management did suggest a strong 2H25 especially with the ramp of MI350, which was pulled into production earlier than planned in 2025 and will aid 2H revenue. MI400 to come out in 2026. <\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>INTC<\/span><\/b> shares have rallied more than 26% this week on reports of the US government possibly getting involved with a plan involving both Intel and <b><span class='nt-symbol'>TSM<\/span><\/b><\/li>\n<li class=\"page-br\"><b><span class='nt-symbol'>NVDA<\/span><\/b> revealed positions in quarterly filing as the firm exited its stakes in shares of <b><span class='nt-symbol'>SOUN<\/span>, <span class='nt-symbol'> SERV<\/span><\/b>, and <b><span class='nt-symbol'>NNOX<\/span><\/b> (sending shares of all three lower) while revealed positions in both <b>WeRide<\/b> ADRs and <b><span class='nt-symbol'>NBIS<\/span><\/b><\/li>\n<li class=\"page-br\">As reported Thurs afternoon, the White House is reportedly in discussions to revise terms of US CHIPS Act awards, which could potentially postpose scheduled payments.<\/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>Closing Recap Friday, February 14, 2025 Index Up\/Down % Last DJ Industrials -165.97 0.37% 44,545 S&amp;P 500 -0.47 0.01% 6,114 Nasdaq 81.13 0.41% 20,026 Russell 2000 -2.20 0.10% 2,279 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; After a week of big market swings and strong rallies, Friday was pretty quiet, with the S&#038;P trading in a narrow range &#8230; <a href=\"https:\/\/www.eoption.com\/market-review-february-14-2025\/\" 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-24573","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\/24573","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=24573"}],"version-history":[{"count":0,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/posts\/24573\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/media?parent=24573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/categories?post=24573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/tags?post=24573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}