Stock Market Weekly Review “Navigating Tariffs, Earnings, and Economic Data”

📌 Weekly Highlights* 🇺🇸 Trade Tensions: New U.S. tariffs spark global reactions* 📊 Earnings Kickoff: Q2 reports begin strong* 🏠 Economic Data: Inflation, housing, sentiment updates* 🏦 Fed Focus: Market eyes policy signals* 🤖 Sector Strength: Tech & crypto remain resilient🚨 Event 1 – Trade TensionsWhat Happened* July 14: 30% tariffs on EU & Mexico imports* 50% copper tariff extended earlierMarket Impact* 📉 Monday dip across sectors* ⚙️ Agriculture & manufacturing exposed* 📈 Recovery later in week as focus shifted💹 Event 2 – Earnings Season BeginsKey Results* Fastenal, JPMorgan: Beat expectations* Netflix: Beat but fell on inflated expectations* Schwab & Chevron: Strong results + acquisitionsMarket Impact* Major driver of gains* S&P 500 & Nasdaq hit record highs* Q2 earnings growth revised from 4% → 10%📈 Event 3 – Economic DataWhat Happened* CPI in line with forecasts* Housing starts rebound* Consumer sentiment up to 61.8* Inflation expectations down to 4.4%Market Impact* 📊 Stability in inflation calms Fed fears* 🏠 Positive housing data lifts confidence* 💼 “Risk-on” mood builds end-of-week momentum💰 Event 4 – Fed Policy WatchOngoing Trends* Rate cut hopes remain* Tariff-related inflation seen as temporaryMarket Impact* 🎯 Uncertainty keeps yields range-bound (4%–4.5%)* 🧩 Anticipated easing supports equities🤖 Sector Spotlight – Tech & CryptoHighlights* Nasdaq & Bitcoin hit highs* Nvidia dips slightly post-$4T* Palantir & Autodesk jumpMarket Impact* 🚀 AI and crypto momentum drives investor interest* 💡 Key contributors to market strength📊 Overall Performance* 📈 S&P & Nasdaq: New highs* ⚖️ Dow: Slight dip despite intraday volatility* 🧭 Main drivers: Earnings & economic resilience offset tariffsThis week’s markets were a rollercoaster driven by new tariff announcements, corporate earnings, and evolving monetary policy signals. Let’s dive into what happened, how major indices reacted, and how I traded it — including updates on copper, AMD, NVIDIA, and more.🔥 Key Market Drivers🇺🇸 Trump Announces New Tariffs* 30% tariffs announced on imports from EU and Mexico* Follows earlier 50% copper tariffs* Impact: Initially sent markets lower, copper soared* Personal Trade: I’m shorting copper — but trend remains dangerously bullish short-term📉 Market Reaction & RecoveryDespite the tariff shock:* Dow, S&P 500, NASDAQ opened lower but rebounded midweek* NASDAQ hit all-time highs, optimism fueled by earnings💼 Q2 Earnings Season Kicks Off🟢 Strong Performers:* Fastenal (FAST): Beat expectations* JPMorgan Chase (JPM): Strong numbers, flat stock reaction* Netflix (NFLX): Beat on earnings, but declined due to high expectations* Charles Schwab (SCHW): Stock rallied on positive results* Chevron (CVX): Gained on acquisition but later turned down🔎 Energy Sector Overview:* Exxon fell -3.48%* Sector dragged down by majors despite green performance elsewhere📈 Technical Outlook* S&P 500 reached new all-time highs midweek, but closed red on Friday* Watching 20-day MA for short-term support* If that breaks, 50-day MA is key dip-buy zone🧾 Economic Data HighlightsIndicatorReport DateResult🧮 CPI (Inflation)TuesdayIn line with expectations🏠 Housing StartsFridayRebounded in June🎓 Michigan SentimentFridayConfidence rising, inflation expectations down to 4.4%🏦 Monetary Policy:* Fed expected to cut rates twice by year-end* Powell under pressure from Trump* Inflation vs growth remains a tightrope walk💻 Tech & Crypto Overview* NASDAQ hits new highs 📈* Bitcoin holds strong* Breakout started July 10th* Short-term pullback possible to 20-day MA* Target: $150K by 2026 (long-term)💼 My Weekly Trades✅ Profitable Trades:StockNet ProfitNotesAutodesk$91Closed early; could have earned moreNVIDIA$16Exited too earlyAMDLarge UnrealizedWatching for pullback to reenter❌ Loss Trades:StockNet LossNotesLockheed MartinSmallAvoided bigger lossExxon-$114Exited on sell signalXLF (Financial ETF)MinorWaiting for dip to re-enter📈 Total July Profit (So Far): €277.94 = $322 USD🧠 Final ThoughtsDespite geopolitical noise, markets remain bullish on strong earnings and muted inflation data. I’m closely watching copper and AMD for new entries, and I expect volatility to remain high into August.📝 Conclusion* 🔀 Mixed signals: Trade worries vs. strong fundamentals* 📢 Earnings as key catalyst* 🛣️ Outlook: Eyes on future earnings, Fed, and trade updates This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit norbertbm.substack.com/subscribe