US PREMARKET ACTIONS: July 22, 2025
Futures Indices
- Dow Futures: +0.1%
- S&P 500 Futures: -0.2%
- Nasdaq 100 Futures: -0.2%
- US 10-Year Yield: 4.39% (unchanged)
Market Environment
Futures contracts are showing little movement this morning, as the S&P 500 just set a new record. The focus remains on earnings releases, with a wave of major tech giants set to report this week: Tesla, Alphabet, and Intel.
Deutsche Bank notes:
"The S&P 500 reached a new high, driven by strong results, but pulled back by 0.5% at the end of the session."
The bond market environment remains stable, with 10-year yields at 4.39% and 2-year at 3.87%. Comments by the Treasury Secretary regarding a possible "complete overhaul" of the Fed did not stir up major market reactions.
Today's highlights:
- Jerome Powell's speech at the banking regulatory framework conference
- Richmond Fed manufacturing index (July)
- Updates on trade tensions (EU, Japan, USA) ahead of the August 1 deadline
On strategy, analysts maintain their preference for large caps and quality stocks. Industrials remain the favored sector with solid earnings revisions. Conversely, consumer goods continue to be underweighted due to tariffs and weak pricing power.
Stocks to Watch
INVO Fertility (IVF): +68.63%
Strong rebound after unusually high, likely speculative, volumes. No fundamental news.
Globavend Holdings (GVH): +24.86%
Continued rally after IPO. Increased speculative interest in US-listed Asian microcaps.
Locafy Ltd (LCFY): +22.68%
New announcement about distribution partnerships for its B2B SEO solutions.
Professional Diversity Network (IPDN): +17.51%
Rumor of a buyout by a private fund, according to specialized financial forums.
Opendoor Technologies (OPEN): +14.95%
Interest in tech real estate stocks with volumes tripling.
Replimune (REPL): -77.53%
Regulatory failure: The FDA rejected its application for a skin cancer treatment.
SharpLink Gaming (SBET): -0.93%
Profit-taking after recent gains, no new information.
Coca-Cola (KO): -0.61%
Mixed Q2 results: record margin but uneven growth across regions.
General Motors (GM): -2.27%
Good quarter, but warning about a $1.1B tariff impact in Q3.
Have a great session, everyone
Sylvain Mouilhaud: Stock Coach