Paper Gains
Tariffs Cool Off Don't worry about China
10/13/2025, 8:00:08 PM
Economic Summary
- Many major economic releases (PPI, retail sales, jobless claims, building permits) are not scheduled this week, leaving markets driven more by headlines and corporate catalysts.
- The Beige Book will be released midweek and could provide regional Fed color ahead of the next FOMC meeting; Fed speeches remain a market focus.
- Volume is expected to decline into the holiday season (Halloween → Thanksgiving → Christmas), increasing the chance of choppy or violent price swings.
Bullish
- Dips are being bought quickly, indicating strong bid-side sentiment into Q4 and potential run toward the Santa Claus rally.
- Dreamforce could catalyze a Salesforce (CRM) turnaround if management delivers positive messaging or guidance.
- Bitcoin miner setups and data-center conversions look constructive, giving miners like RIOT and MARA upside.
- Broadcom-related news is bullish for specific server/data-center plays like SMCI.
Bearish
- ASML's repeated weak earnings can ripple through the semiconductor supply chain and drag sector shares lower.
- Low autumn trading volume and holiday season illiquidity increase the risk of violent moves and failed rallies.
- Market is extended after recent runs, making Friday profit-taking and short-term pullbacks more likely.
Bullish tickers
SMCIRIOTPANWCRMMARATSLA
Bearish tickers
ASMLTSM
ASML
Bullish
If ASML surprises positively, it could be a strong catalyst for semis, but recent track record is cautionary.
Bearish
Has a history of disappointing earnings that create negative ripples across semiconductors.
TSM
Bullish
If the semiconductor cycle strengthens post-earnings, TSMC stands to benefit.
Bearish
TSMC is sensitive to ASML/industry execution and could be pulled down if ASML stumbles.
CRM
Bullish
Dreamforce and management commentary (Benioff) could kick off a turnaround if positive news is delivered.
Bearish
Dreamforce could be a 'sell the news' event if guidance or execution disappoints.
SMCI
Bullish
Broadcom-related news is seen as positive for SMCI and its data-center positioning.
Bearish
Subject to volatility and headline-driven moves; trying to time perfect pullbacks is risky.
RIOT
3 price targets
192023.7
Bullish
Clean breakout/retest with potential continuation if it holds above the recent breakout box.
Bearish
Miners can fail after breakouts if momentum doesn't sustain, especially legacy names with past breakdown behavior.
PANW
2 price targets
220225
Bullish
Strong breakout and uptrend; typical pre-earnings run could push it into the low-to-mid $220s.
Bearish
Could pull back into its channel if broader tech sentiment weakens into earnings.
CELH
2 price targets
6070
Bullish
Holding the ~$60 pivot looks constructive; next measured move targets the low $70s.
Bearish
If it loses the critical ~$60 support, it could retrace further and invalidate the constructive thesis.
AMKR
Bullish
Exposure to packaging/testing and proximity to foundry customers could provide steady long-term demand.
Bearish
Smaller, less-liquid name that can be choppy and is sensitive to semiconductor outsourcing cycles.
DBRG
Bullish
Short-term pop observed after CEO follow by Elon; social signals can create temporary rallies.
Bearish
Chart looks ugly long-term and small-cap/less-liquid names can be volatile on social/celebrity follows.
NKTR
Bullish
Net option sentiment had suggested speculative interest, but liquidity concerns remain.
Bearish
Biotech names have high event risk and very low option volume; moves often fail on news.
LYFT
Bullish
Has retest-and-pullback setups that look actionable for swing traders on the right entry.
Bearish
Option and leverage plays can be dangerous; choppy consolidation risks.
TSLA
Bullish
If it clears the key technical zones discussed, the next measured move could push to materially higher levels.
Bearish
Prevailing longer-term uptrend is lower; extended rallies can reverse into deeper pullbacks.
MARA
Bullish
Some miners show strong technical breakouts tied to conversions and data-center moves.
Bearish
Miners remain volatile and vulnerable if crypto sentiment reverses.
People mentioned
Donald TrumpXi JinpingSundar PichaiBrian NicholsMarc BenioffEvanMiss CleoAmitDinaIvanVlad TenevElon MuskNick