Good afternoon, traders. Happy Thursday, July 25th. The market is turning sideways, and earnings season is hurting stock gains enjoyed so far this year.
My name is Kevin Travers, here are stories from the herd on Wall St today.
$Ford Motor(F.US)$ stock is moving 17% lower on Thursday after the company missed analyst EPS estimates for the 2024 fiscal year's second quarter. The company reported adjusted EPS of 47 cents missing analyst e...

$Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$
Dead cat bounce again. The index is still on the down trend.

$Tesla(TSLA.US)$ 🏆
$Dow Jones Industrial Average(.DJI.US)$ $Nasdaq Composite Index(.IXIC.US)$ $S&P 500 Index(.SPX.US)$

$Tesla(TSLA.US)$ 🏆
$Dow Jones Industrial Average(.DJI.US)$ $Nasdaq Composite Index(.IXIC.US)$ $S&P 500 Index(.SPX.US)$

$Tesla(TSLA.US)$ 🎖️🎖️🎖️🎖️🎖️
$Dow Jones Industrial Average(.DJI.US)$ $Nasdaq Composite Index(.IXIC.US)$ $S&P 500 Index(.SPX.US)$

Bitcoin and Ether experienced declines as risk aversion spread to the crypto market following the worst $S&P 500 Index(.SPX.US)$drop since 2022. Ether, the second-largest cryptocurrency, fell about 7%, while Bitcoin dropped around 3%. The downturn in equities, particularly in technology shares, affected investor sentiment globally.
New spot-Ether ETFs launched in the US, while the Grayscale Ethereum Trust converted to an ETF, leading...

Goldman Sachs' models indicated that the S&P 500 and Nasdaq 100 had triggered CTA sell signals. If the market continues to decline, trend traders might withdraw up to $219 billion from global stock markets, including $67 billion from the U.S. market.
$S&P 500 Index(.SPX.US)$ $E-mini NASDAQ 100 Futures(SEP4)(NQmain.US)$ $NASDAQ 100 Index(.NDX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$

Kamala Harris raised $81 million within 24 hours of Joe Biden's withdrawal from the presidential race, breaking fundraising records and reshaping the election landscape for both Democrats and Republicans.
$S&P 500 Index(.SPX.US)$ $CBOE Volatility S&P 500 Index(.VIX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$

Nomura suggested that the current 200,000 monthly growth in U.S. non-farm payrolls is equivalent to 100,000 pre-pandemic due to the influx of illegal immigrants, predicting a return to normal levels next year.
$S&P 500 Index(.SPX.US)$ $CBOE Volatility S&P 500 Index(.VIX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$ $ProShares UltraPro Short QQQ ETF(SQQQ.US)$ $ProShares UltraPro QQQ ETF(TQQQ.US)$