Market Overview - Wall Street experienced record highs for the Dow, S&P 500, and Nasdaq despite signs of a weakening labor market [1] - Inflation data increased the likelihood of an interest rate cut ahead of the Federal Reserve's policy meeting [1] - All three major indexes achieved weekly gains despite some profit-taking towards the end of the week [1] Technology Sector Highlights - Oracle (ORCL) was a major focus in the tech sector, while Nebius Group (NBIS) gained attention due to an AI deal [2] - Broadcom (AVGO) showed a bullish trend on the charts, and AppLovin (APP) received recognition from the S&P 500 for its strong performance [2] Options and Trading Activity - Options traders are actively purchasing shares of Bitcoin holder MicroStrategy (MSTR) [3] - Retail favorite Opendoor (OPEN) is undergoing changes in its executive team [3] - Apple's (AAPL) iPhone reveal led to significant volatility in its stock performance [3] Other Notable Developments - Gold prices reached new record highs, prompting interest in gold mining stocks [4] - Analysts have turned bullish on FedEx and UPS, indicating positive sentiment in the logistics sector [4] - QuantumScape (QS) made advancements in lithium battery technology, highlighting growth in the energy sector [4] Upcoming Events - Attention is focused on Fed Chair Jerome Powell's upcoming statements, alongside Micron (MU) earnings [4] - The market is preparing for triple witching next Friday, which could impact trading dynamics [4]
Stocks Shrug Off September Seasonality
Schaeffers Investment Researchยท2025-09-12 20:07