{"id":77592,"date":"2025-04-25T15:33:18","date_gmt":"2025-04-25T19:33:18","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=77592"},"modified":"2025-04-25T16:04:54","modified_gmt":"2025-04-25T20:04:54","slug":"10-things-traders-need-to-know-2025-04-25","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2025\/04\/25\/10-things-traders-need-to-know-2025-04-25\/","title":{"rendered":"10 Things Traders Need to Know Right Now"},"content":{"rendered":"<p>What a week! We just saw:<\/p>\n<ul>\n<li>Countless twists in the trade war<\/li>\n<li><strong>Tesla<\/strong> (TSLA) delivered a lousy earnings report&#8230; and then skyrocketed<\/li>\n<li>Netflix (NFLX) and Google (GOOGL) prove that not all is lost when it comes to tech earnings<\/li>\n<li>A big slowdown in the metals trade<\/li>\n<li>Outrageously bearish sentiment<\/li>\n<li>A momentum stock surge<\/li>\n<\/ul>\n<p>So let's dig into the 10 Things You Need to Know About Markets Right Now.<\/p>\n<h2><strong>1. Big Hate = Big Money<\/strong><\/h2>\n<p>This week's AAII Sentiment data showed massive bearishness, in keeping with the 2025 trend:<\/p>\n<p><a href=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-77593\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1.png\" alt=\"\" width=\"1006\" height=\"747\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1.png 1006w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1-300x223.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1-150x111.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1-768x570.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1-80x59.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1-220x163.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1-135x100.png 135w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1-202x150.png 202w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1-321x238.png 321w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1-559x415.png 559w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1-656x487.png 656w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-1-801x595.png 801w\" sizes=\"(max-width: 1006px) 100vw, 1006px\" \/><\/a><\/p>\n<p>As you can see, bears have outnumbered bulls for months on concerns about the trade war and economy.<\/p>\n<p>This embedded negativity is the best argument for an extended rebound.<\/p>\n<p>Because if we do get good news on trade (like a real deal with China), the upside could be violent.<\/p>\n<h2><strong>2. The Earnings Are Coming!<\/strong><\/h2>\n<p>We have a BIG week of earnings coming up including:<\/p>\n<ul>\n<li><strong>Tuesday<\/strong>: <strong>Visa<\/strong> (V), <strong>Starbucks<\/strong> (SBUX), <strong>Spotify<\/strong> (SPOT), UPS (UPS)<\/li>\n<li><strong>Wednesday<\/strong>: <strong>Microsoft<\/strong> (MSFT), <strong>Meta<\/strong> (META), <strong>Qualcomm<\/strong> (QCOM)<\/li>\n<li><strong>Thursday:<\/strong> <strong>Apple<\/strong> (AAPL), <strong>Amazon<\/strong> (AMZN), <strong>Microstrategy<\/strong> (MSTR), <strong>Eli Lilly<\/strong> (LLY), <strong>Mastercard<\/strong> (MA)<\/li>\n<\/ul>\n<p>FactSet <span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/advantage.factset.com\/hubfs\/Website\/Resources%20Section\/Research%20Desk\/Earnings%20Insight\/EarningsInsight_042525.pdf?hsCtaTracking=31d0f488-5c02-4193-b93b-f1708067f4fa%7Cb994622e-6b82-4c98-ad34-76c848088314\">tells us:<\/a><\/strong><\/span><\/p>\n<blockquote><p>Although the percentage of S&P 500 companies reporting positive earnings surprises is below recent averages, the magnitude of earnings surprises is above recent averages. As a result, the index is reporting higher earnings for the first quarter today relative to the end of last week and relative to the end of the quarter.<\/p><\/blockquote>\n<p>So earnings season is not the disaster the bears have desired.<\/p>\n<p>With a huge portion of the S&P 500 reporting next week, could things shift in a positive way?<\/p>\n<p>Our own David Prince is focused on Meta. Find out why here:<\/p>\n<p><iframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/a6YSKtnisqw?si=dcUULJBaD5xqCZi5&start=1628\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h2>3. Apple Will Be More Interesting Than Usual<\/h2>\n<p>As the #1 component in the SPX index, <strong>Apple<\/strong> (AAPL) always carries a ton of weight during earnings season.<\/p>\n<p>A big beat or miss from Apple can create a meaningful shift in index-wide numbers.<\/p>\n<p>This time around, Apple is even more interesting because we'll learn so many things, like:<\/p>\n<ul>\n<li>Did tariff fears really cause an iPhone buying rush, <strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-07\/apple-customers-dash-to-stores-to-buy-iphones-ahead-of-tariffs\">as reported by Bloomberg<\/a><\/strong> and others? And does that mean a weak forward outlook because demand was &#8220;stolen&#8221; from future quarters?<\/li>\n<li>Is Apple really moving iPhone production to India <span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/www.reuters.com\/world\/china\/apple-aims-source-all-us-iphones-india-pivot-away-china-ft-reports-2025-04-25\/\">as Reuters says?<\/a><\/strong><\/span><\/li>\n<li>Will Apple follow <strong>Pepsi<\/strong> (PEP), <strong>Procter<\/strong> <strong>&<\/strong> <strong>Gamble<\/strong> (PG), <strong>American Airlines<\/strong> (AAL), and <strong>Chipotle<\/strong> (CMG) in reporting a consumer slowdown?<\/li>\n<\/ul>\n<p>Should be fun&#8230; and then there's:<\/p>\n<h2><strong>4. Ferrari!<\/strong><\/h2>\n<p>Yes, <strong>Ferrari<\/strong> (RACE) is a publicly traded company. It's been a monster performer over the years with an $81 billion market cap:<\/p>\n<p><a href=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-77599\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM.png\" alt=\"\" width=\"929\" height=\"605\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM.png 929w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM-300x195.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM-150x98.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM-768x500.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM-80x52.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM-220x143.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM-154x100.png 154w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM-230x150.png 230w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM-365x238.png 365w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM-637x415.png 637w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM-748x487.png 748w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.12.38-PM-914x595.png 914w\" sizes=\"(max-width: 929px) 100vw, 929px\" \/><\/a><\/p>\n<p>European automakers have been freaked out by President Trump's tariff threats.<\/p>\n<p>Because tariffs would be passed on to consumers, making European cars less competitive with American models.<\/p>\n<p>But if any company can say <em>&#8220;yeah, our customers just don't care about higher prices,&#8221;<\/em> it's going to be Ferrari.<\/p>\n<p>We'll see when the rubber hits the road* with Ferrari's earnings report on Tuesday.<\/p>\n<p><em>*we apologize for this bad pun<\/em><\/p>\n<h2><b>5. Palantir Could Hit &#8220;Lucky&#8221; Number 7<\/b><\/h2>\n<p><strong>Palantir<\/strong> (PLTR) brutalized the bears this week and it's up over 60% from the April lows.<\/p>\n<p>It's up 47% this year and is the #1 stock in the Nasdaq 100 index.<\/p>\n<p><a href=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-77594\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM.png\" alt=\"\" width=\"932\" height=\"607\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM.png 932w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM-300x195.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM-150x98.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM-768x500.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM-80x52.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM-220x143.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM-154x100.png 154w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM-230x150.png 230w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM-365x238.png 365w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM-637x415.png 637w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM-748x487.png 748w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.27.08-PM-914x595.png 914w\" sizes=\"(max-width: 932px) 100vw, 932px\" \/><\/a><\/p>\n<p><strong>MercadoLibre<\/strong> (MELI) is in second place with a 30% gain&#8230; way behind.<\/p>\n<p>Palantir is expected to report earnings on May 5.<\/p>\n<p>The company has beaten revenue and earnings estimates for 6 straight quarters.<\/p>\n<p>A conspiracy theorist might assume US intelligence agencies will make it &#8220;lucky&#8221; number 7&#8230; but we'll talk about that another time.<\/p>\n<h2><b>6. Gold Might Melt Down<\/b><\/h2>\n<p>Gold is the #1 performing asset in 2025 by a long shot, crushing assets like equities and Bitcoin:<\/p>\n<p><a href=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-77595\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM.png\" alt=\"\" width=\"932\" height=\"610\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM.png 932w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM-300x196.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM-150x98.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM-768x503.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM-80x52.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM-220x144.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM-153x100.png 153w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM-229x150.png 229w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM-364x238.png 364w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM-634x415.png 634w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM-744x487.png 744w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.31.43-PM-909x595.png 909w\" sizes=\"(max-width: 932px) 100vw, 932px\" \/><\/a><\/p>\n<p>But GLD just slipped 4% off the highs after going near-parabolic.<\/p>\n<p>Is this garden-variety profit taking?<\/p>\n<p>Or is the market sniffing out progress on trade with China?<\/p>\n<p>Because resolution could create a massive metals meltdown.<\/p>\n<h2><b>7. The Bitcoin Story Is Picking Up Steam<\/b><\/h2>\n<h2><span style=\"font-size: 16px; font-weight: 400;\">Two weeks ago, I argued that <span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/www.t3live.com\/blog\/2025\/04\/11\/10-things-traders-need-to-know-right-now-trump-trade-war\/\">&#8220;No One Cares About Bitcoin\u2019s Relative Strength.&#8221;<\/a><\/strong><\/span><\/span><\/h2>\n<p>That narrative is changing fast with Bitcoin crushing stocks in April.<\/p>\n<p>The <strong>IBIT<\/strong> ETF is up almost 16% while <strong>SPY<\/strong> is down:<\/p>\n<p><a href=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-77596\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM.png\" alt=\"\" width=\"932\" height=\"609\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM.png 932w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM-300x196.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM-150x98.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM-768x502.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM-80x52.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM-220x144.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM-153x100.png 153w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM-230x150.png 230w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM-364x238.png 364w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM-635x415.png 635w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM-745x487.png 745w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-2.38.07-PM-911x595.png 911w\" sizes=\"(max-width: 932px) 100vw, 932px\" \/><\/a><\/p>\n<h2><b>8. Awful Consumer Confidence May Be a Good Thing<\/b><\/h2>\n<p>Michigan Consumer Sentiment was better-than-expected at 52.2.<\/p>\n<p>But on a historical basis, it's down in the dumps.<\/p>\n<p>And it's way below post-election highs:<\/p>\n<p><a href=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-77597\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3.png\" alt=\"\" width=\"1038\" height=\"793\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3.png 1038w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3-300x229.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3-1024x782.png 1024w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3-150x115.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3-768x587.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3-80x61.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3-220x168.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3-131x100.png 131w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3-196x150.png 196w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3-312x238.png 312w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3-543x415.png 543w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3-637x487.png 637w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Economic-Data-Charts-3-779x595.png 779w\" sizes=\"(max-width: 1038px) 100vw, 1038px\" \/><\/a><\/p>\n<p>So if we have people bearish on stocks (based on AAII Sentiment Data) and people worried about the economy, we <em>could<\/em> have the makings of a durable bottom.<\/p>\n<p>After all, you have to assume a lot of sellers have done their selling because of their bearishness.<\/p>\n<p>And maybe they're done.<\/p>\n<p>But let's slap a big emphasis on the word <em>could<\/em>.<\/p>\n<p>Because market timing with sentiment data is very tricky business.<\/p>\n<h2><strong>9. Biotech Might Be Back<br \/>\n<\/strong><\/h2>\n<p>On April 14, we saw a Boston Globe article entitled <em>&#8220;It's the end of Kendall Square as we know it. What if biotech never bounces back?&#8221;<\/em><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Magazine Cover Indicator for <a href=\"https:\/\/twitter.com\/search?q=%24XBI&src=ctag&ref_src=twsrc%5Etfw\">$XBI<\/a>?<\/p>\n<p>Could biotech have bottomed?<\/p>\n<p>cc: <a href=\"https:\/\/twitter.com\/epictrades1?ref_src=twsrc%5Etfw\">@epictrades1<\/a> <a href=\"https:\/\/t.co\/STIjdJBo3z\">pic.twitter.com\/STIjdJBo3z<\/a><\/p>\n<p>\u2014 T3 Live (@t3live) <a href=\"https:\/\/twitter.com\/t3live\/status\/1911741277114073266?ref_src=twsrc%5Etfw\">April 14, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Now let's match that up with a long-term chart:<\/p>\n<p><a href=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-77600\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM.png\" alt=\"\" width=\"931\" height=\"612\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM.png 931w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM-300x197.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM-150x99.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM-768x505.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM-80x53.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM-220x145.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM-152x100.png 152w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM-228x150.png 228w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM-362x238.png 362w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM-631x415.png 631w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM-741x487.png 741w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-at-3.27.21-PM-905x595.png 905w\" sizes=\"(max-width: 931px) 100vw, 931px\" \/><\/a><\/p>\n<p>Could this have marked a bottom in biotech?<\/p>\n<p>I mean&#8230; you don't read headlines like that at tops.<\/p>\n<h2><b>10. Put These Names on Your Radar&#8230;<\/b><\/h2>\n<p>Since we're talking about biotech, we ran a screen for possible biotech short squeezes using <span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/koyfin.com\/\">Koyfin<\/a><\/strong><\/span>.<\/p>\n<p>We screened using these parameters:<\/p>\n<ul>\n<li>Member of the XBI ETF<\/li>\n<li>$2 billion+ market Cap<\/li>\n<li>Short interest of 10% or more<\/li>\n<\/ul>\n<p>We came up with 17 names:<\/p>\n<ol>\n<li>Soleno Therapeutics Inc. (SLNO)<\/li>\n<li>Kymera Therapeutics Inc. (KYMR)<\/li>\n<li>TG Therapeutics Inc. (TGTX)<\/li>\n<li>BridgeBio Pharma Inc. (BBIO)<\/li>\n<li>Avidity Biosciences Inc. (RNA)<\/li>\n<li>SpringWorks Therapeutics Inc. (SWTX)<\/li>\n<li>Apogee Therapeutics Inc. (APGE)<\/li>\n<li>Scholar Rock Holding Corporation (SRRK)<\/li>\n<li>Twist Bioscience Corporation (TWST)<\/li>\n<li>Madrigal Pharmaceuticals Inc. (MDGL)<\/li>\n<li>Arcellx Inc. (ACLX)<\/li>\n<li>Recursion Pharmaceuticals Inc. (RXRX)<\/li>\n<li>Cytokinetics Incorporated (CYTK)<\/li>\n<li>Viking Therapeutics Inc. (VKTX)<\/li>\n<li>Moderna Inc. (MRNA)<\/li>\n<li>Immunovant Inc. (IMVT)<\/li>\n<li>Apellis Pharmaceuticals Inc. (APLS)<\/li>\n<\/ol>\n<p>They may rip HARD if biotech wakes up. But be careful because this is risky business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What a week! We just saw: Countless twists in the trade war Tesla (TSLA) delivered a lousy earnings report&#8230; and then skyrocketed Netflix (NFLX) and Google (GOOGL) prove that not all is lost when it comes to tech earnings A big slowdown in the metals trade Outrageously bearish sentiment A momentum stock surge So let&#8217;s dig into the 10 Things You Need to Know About Markets Right Now. 1. Big Hate = Big Money This week&#8217;s AAII Sentiment data showed massive bearishness, in keeping with the 2025 trend: As you can see, bears have outnumbered bulls for months on concerns about the trade war and economy. This embedded negativity is the best argument for an extended rebound. Because if we do get good news on trade (like a real deal with China), the upside could be violent. 2. The Earnings Are Coming! We have a BIG week of earnings coming up including: Tuesday: Visa (V), Starbucks (SBUX), Spotify (SPOT), UPS (UPS) Wednesday: Microsoft (MSFT), Meta (META), Qualcomm (QCOM) Thursday: Apple (AAPL), Amazon (AMZN), Microstrategy (MSTR), Eli Lilly (LLY), Mastercard (MA) FactSet tells us: Although the percentage of S&#038;P 500 companies reporting positive earnings surprises is below recent averages, the magnitude of earnings surprises is above recent averages. As a result, the index is reporting higher earnings for the first quarter today relative to the end of last week and relative to the end of the quarter. So earnings season is not the disaster the bears have desired. With a huge portion of the S&#038;P 500 reporting next week, could things shift in a positive way? Our own David Prince is focused on Meta. Find out why here: 3. Apple Will Be More Interesting Than Usual As the #1 component in the SPX index, Apple (AAPL) always carries a ton of weight during earnings season. A big beat or miss from Apple can create a meaningful shift in index-wide numbers. This time around, Apple is even more interesting because we&#8217;ll learn so many things, like: Did tariff fears really cause an iPhone buying rush, as reported by Bloomberg and others? And does that mean a weak forward outlook because demand was &#8220;stolen&#8221; from future quarters? Is Apple really moving iPhone production to India as Reuters says? Will Apple follow Pepsi (PEP), Procter &#038; Gamble (PG), American Airlines (AAL), and Chipotle (CMG) in reporting a consumer slowdown? Should be fun&#8230; and then there&#8217;s: 4. Ferrari! Yes, Ferrari (RACE) is a publicly traded company. It&#8217;s been a monster performer over the years with an $81 billion market cap: European automakers have been freaked out by President Trump&#8217;s tariff threats. Because tariffs would be passed on to consumers, making European cars less competitive with American models. But if any company can say &#8220;yeah, our customers just don&#8217;t care about higher prices,&#8221; it&#8217;s going to be Ferrari. We&#8217;ll see when the rubber hits the road* with Ferrari&#8217;s earnings report on Tuesday. *we apologize for this bad pun 5. Palantir Could Hit &#8220;Lucky&#8221; Number 7 Palantir (PLTR) brutalized the bears this week and it&#8217;s up over 60% from the April lows. It&#8217;s up 47% this year and is the #1 stock in the Nasdaq 100 index. MercadoLibre (MELI) is in second place with a 30% gain&#8230; way behind. Palantir is expected to report earnings on May 5. The company has beaten revenue and earnings estimates for 6 straight quarters. A conspiracy theorist might assume US intelligence agencies will make it &#8220;lucky&#8221; number 7&#8230; but we&#8217;ll talk about that another time. 6. Gold Might Melt Down Gold is the #1 performing asset in 2025 by a long shot, crushing assets like equities and Bitcoin: But GLD just slipped 4% off the highs after going near-parabolic. Is this garden-variety profit taking? Or is the market sniffing out progress on trade with China? Because resolution could create a massive metals meltdown. 7. The Bitcoin Story Is Picking Up Steam Two weeks ago, I argued that &#8220;No One Cares About Bitcoin\u2019s Relative Strength.&#8221; That narrative is changing fast with Bitcoin crushing stocks in April. The IBIT ETF is up almost 16% while SPY is down: 8. Awful Consumer Confidence May Be a Good Thing Michigan Consumer Sentiment was better-than-expected at 52.2. But on a historical basis, it&#8217;s down in the dumps. And it&#8217;s way below post-election highs: So if we have people bearish on stocks (based on AAII Sentiment Data) and people worried about the economy, we could have the makings of a durable bottom. After all, you have to assume a lot of sellers have done their selling because of their bearishness. And maybe they&#8217;re done. But let&#8217;s slap a big emphasis on the word could. Because market timing with sentiment data is very tricky business. 9. Biotech Might Be Back On April 14, we saw a Boston Globe article entitled &#8220;It&#8217;s the end of Kendall Square as we know it. What if biotech never bounces back?&#8221; Magazine Cover Indicator for $XBI? Could biotech have bottomed? cc: @epictrades1 pic.twitter.com\/STIjdJBo3z \u2014 T3 Live (@t3live) April 14, 2025 Now let&#8217;s match that up with a long-term chart: Could this have marked a bottom in biotech? I mean&#8230; you don&#8217;t read headlines like that at tops. 10. Put These Names on Your Radar&#8230; Since we&#8217;re talking about biotech, we ran a screen for possible biotech short squeezes using Koyfin. We screened using these parameters: Member of the XBI ETF $2 billion+ market Cap Short interest of 10% or more We came up with 17 names: Soleno Therapeutics Inc. (SLNO) Kymera Therapeutics Inc. (KYMR) TG Therapeutics Inc. (TGTX) BridgeBio Pharma Inc. (BBIO) Avidity Biosciences Inc. (RNA) SpringWorks Therapeutics Inc. (SWTX) Apogee Therapeutics Inc. (APGE) Scholar Rock Holding Corporation (SRRK) Twist Bioscience Corporation (TWST) Madrigal Pharmaceuticals Inc. (MDGL) Arcellx Inc. (ACLX) Recursion Pharmaceuticals Inc. (RXRX) Cytokinetics Incorporated (CYTK) Viking Therapeutics Inc. (VKTX) Moderna Inc. (MRNA) Immunovant Inc. (IMVT) Apellis Pharmaceuticals Inc. (APLS) They may rip HARD if biotech wakes up. But be careful because this is risky business.<\/p>\n","protected":false},"author":2,"featured_media":67239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-77592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/77592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=77592"}],"version-history":[{"count":7,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/77592\/revisions"}],"predecessor-version":[{"id":77606,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/77592\/revisions\/77606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/67239"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=77592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=77592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=77592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}