Market Action For Last Week
S&P 500 ETF (SPY):
- Last Friday's Closing Price (May 23, 2025): $579.11
- This Friday's Closing Price (May 30, 2025): $589.39
- Point Gain/Loss: +10.28
- Percent Gain/Loss: +1.78%
Nasdaq-100 ETF (QQQ):
- Last Friday's Closing Price (May 23, 2025): $509.24
- This Friday's Closing Price (May 30, 2025): $519.11
- Point Gain/Loss: +9.87
- Percent Gain/Loss: +1.94%
Russell 2000 ETF (IWM):
- Last Friday's Closing Price (May 23, 2025): $202.56
- This Friday's Closing Price (May 30, 2025): $205.07
- Point Gain/Loss: +2.51
- Percent Gain/Loss: +1.24%
Upcoming Major Economic Reports and Potential Market Moving Events
Monday, June 2, 2025:
- No major economic reports scheduled.
Tuesday, June 3, 2025:
- Factory Orders MoM: Expected at -3.1% (Previous: 3.4%)
Wednesday, June 4, 2025:
- No major economic reports scheduled.
Thursday, June 5, 2025:
- Exports: Previous value $278.5 billion
- Imports: Previous value $419.0 billion
Friday, June 6, 2025:
- No major economic reports scheduled.
Upcoming Major Stock Earnings Reports
Monday, June 2, 2025:
- No major earnings reports scheduled.
Tuesday, June 3, 2025:
- CrowdStrike Holdings, Inc. (CRWD): Post Market
- Lululemon Athletica Inc. (LULU): Post Market
- Ferguson plc (FERG): Time not specified
- HEICO Corporation (HEI): Post Market
- Hewlett Packard Enterprise Co. (HPE): Post Market
- Dollar General Corporation (DG): Time not specified
- Dollar Tree, Inc. (DLTR): Pre Market
Wednesday, June 4, 2025:
- No major earnings reports scheduled.
Thursday, June 5, 2025:
- Broadcom Inc. (AVGO): Post Market
- Samsara Inc. (IOT): Post Market
- Rubrik, Inc. (RBRK): Time not specified
Friday, June 6, 2025:
- No major earnings reports scheduled.
Market Outlook
For the next 30 days, I am neutral on the market. While the recent gains in major indices like the S&P 500, Nasdaq-100, and Russell 2000 ETFs indicate positive momentum, several factors could introduce volatility. The upcoming economic reports, particularly those related to trade (exports and imports), could impact market sentiment. Additionally, the earnings reports from key companies will provide insights into corporate performance and future guidance. The market's resilience will depend on how these factors unfold, along with any geopolitical developments or changes in Federal Reserve policy.