Amit Kukreja
BEYOND MEAT UP 200%, TESLA EARNINGS TODAY, GOOGLE NEW DEALS | MARKET OPEN
10/22/2025, 4:12:16 PM
Economic Summary
- US–India trade talks reported progress toward cutting Indian tariffs on US exports from ~50% to 15%, which could boost US agricultural and industrial exports if finalized (mentions Modi and a possible Malaysia summit announcement).
- China is expanding controls on rare earths and magnets; US says reciprocal tariffs were kept at 10% and negotiations (South Korea meeting/November 1) are seen as critical for broader market optimism.
- Tech-focused funds registered record inflows (about $10.4B last week; four-week MA ~ $5.2B), indicating strong institutional/retail rotation back into tech dip buying.
- Mortgage rates edged lower (reported ~6.37%), while SPR purchases (1 million barrels) and WTI < $60 helped push gasoline averages down (~$2.98), easing some inflation pressures.
- Consumer credit stress is rising: share of subprime auto borrowers 60+ days late roughly doubled since 2021 (now >6%), highlighting downside risk for consumer lenders and fintech credit exposures.
- SEC and regulators are monitoring erratic meme-stock moves for manipulative trading; heightened surveillance could lead to enforcement actions if pump-and-dump activity is detected.
Bullish
- MicroStrategy (MSTR) benefits if Bitcoin rallies toward year-end; Citi initiated coverage with a $485 PT.
- Large-cap tech (NVDA, AMZN, GOOGL, MSFT, META) beating earnings could re-route liquidity from speculative names.
- Potential US–India trade deal (tariffs from ~50% to 15%) and a workable US–China negotiation would be market positive.
- Tech funds continue seeing heavy inflows (record $10.4B last week), supporting dip-buying in growth names.
Bearish
- Momentum names with zero or negative earnings (e.g., BigBear.ai) lack fundamentals and are vulnerable to sell-offs.
- Share dilution risk at Beyond Meat (BYND) — proposal to raise shares from 500M to 3B would heavily dilute holders.
- Algorithimic/flow-driven volatility and potential manipulative pump-and-dump behavior could punish retail momentum trades.
- Wider consumer stress (rising subprime auto delinquencies) could pressure fintech and lending plays like Upstart and SOFI.
Bullish tickers
MSTRNVDAAMZNAMDGOOGLMETASOFIDNUT
Bearish tickers
BBAIBYNDASTSUPST
MSTR
1 price targets
485
Bullish
Citi initiated coverage and a Bitcoin year-end rally would likely boost MSTR given its Bitcoin exposure.
Bearish
Highly correlated to Bitcoin; if crypto stalls, MSTR equity performance could lag significantly.
APP
1 price targets
7.05
Bullish
Oppenheimer initiation with a $7.05 target could provide investor interest and lift shares.
Bearish
AppLovin faces mobile ad cyclicality and competitive pressure despite analyst initiation.
BYND
Bullish
High short float and retail mania could drive short-squeeze style rallies despite poor fundamentals.
Bearish
Major dilution risk (proposal to increase shares from 500M to 3B) plus weak fundamentals and heavy short interest.
BBAI
Bullish
Speculative squeeze potential if retail flows and hedge fund positioning align, though fundamentals are weak.
Bearish
Little to no earnings to support the stock; limited guidance leaves upside narratives fragile.
SOFI
Bullish
Product expansion (level-one options, crypto) and rapid growth of Robinhood-like strategies AUM signals potential upside.
Bearish
Earnings risk and UX/retention concerns; retail enthusiasm could reverse into volatility.
NVDA
Bullish
AI leadership, new partnerships (e.g., regional AI initiatives), and strong earnings are key upside catalysts.
Bearish
Short-term algos and broad market drawdowns can pressure shares despite long-term fundamentals.
DNUT
Bullish
High short interest can enable squeeze-driven rallies similar to other meme names.
Bearish
Limited fundamental catalysts underpinning sharp moves; rally could be a short-lived retail trade.
People mentioned
Ethan BrownMichael SaylorKen GriffinMike JohnsonDonald TrumpNarendra ModiSatya NadellaJamie DimonMike NovogratzElon MuskSundar PichaiVlad TenevTravis KelcePaul AtkinsTannerJoseNateStephDoug