Youtube·2025-11-26 15:56Economic Data - Jobless claims reported at 216,000, the lowest since April, indicating a seven-month low for initial filers [2] - Continuing claims remain steady just below 2 million, suggesting stability despite being relatively elevated [3] Earnings Season Overview - Approximately 99% of S&P 500 companies have reported earnings, with an 82.3% beat rate and an aggregate surprise of 6.3% [4] - Earnings growth for the S&P 500 stands at 15%, with 75% of companies showing earnings growth [4] - Despite a historic beat rate, the average one-day price reaction for companies was negative, indicating a potential overpricing before earnings [5] NASDAQ Performance - NASDAQ reported a 78% beat rate with a 1% aggregate surprise, while growth rate is impressive at 14.9% [6][7] - The one-day price movement for NASDAQ 100 stocks was negative, reflecting pressure on tech stocks like Meta, Netflix, and Nvidia [7] Company-Specific Insights - Dell's stock rose 4% post-earnings, as investors are optimistic about its future, particularly regarding artificial intelligence [8] - Nvidia continues to receive bullish support, with discussions around its role in the AI revolution [15] - Oracle is seen as an opportunity by Deutsche Bank, with a price target of $375, highlighting its developments with OpenAI [14] Market Trends and Rotation - A broad performance trend is noted, with nearly 80% of the S&P 500 and two-thirds of the NASDAQ 100 stocks higher [18] - Potential for significant market movement if major tech stocks like Alphabet, Meta, Nvidia, and Oracle can rally together [19] Geopolitical Considerations - Ongoing geopolitical developments, particularly regarding the Russia-Ukraine situation, could lead to swift market movements due to thin trading volumes [21] - Anticipation of potential meetings between leaders could positively impact global markets [22]