Market Recap April 23rd 2025 - 📈 Wall Street Powers Higher as Tariff Tensions Ease and Tech Reclaims Leadership

🔍 Market Overview

U.S. equities surged today, buoyed by President Trump's softened rhetoric on China tariffs and confirmation that Federal Reserve Chair Jerome Powell will remain in his position. The S&P 500 climbed 1.4%, the Nasdaq rose 2.3%, and the Dow Jones Industrial Average increased by 1% .​

Key Economic News and Events:

• Today’s Events:

  • Richmond Manufacturing Index (-13 vs. expected -6) signaled manufacturing weakness, pressuring Industrials (OptionsHawk, April 22).

  • Eurozone Consumer Confidence (-16.7 vs. expected -15.0) added to global economic concerns, impacting sentiment in Staples and Gold (OptionsHawk, April 22).

• Influence on Next-Day Trends:

  • Weak economic data may cap upside in Industrials and Materials, but Trump’s trade de-escalation supports Tech and Financials.

  • Upcoming Jobless Claims and Durable Goods data (April 24) could influence rate expectations; a weak report may reinforce dovish sentiment, boosting equities.

🌐 Overnight & Premarket Strategy

• Global Markets: Asian and European markets are expected to react positively to U.S. policy shifts.

• Economic Data: Watch for the release of the Beige Book at 2:00 PM ET, providing insights into economic conditions.​

🏭 Sector-Specific Plans

• Technology: Monitor for continued momentum following positive earnings and policy news.

• Energy: Keep an eye on oil prices amid ongoing geopolitical developments.​Nasdaq

⚠️ Risk Management Frameworks

• Position Sizing: Limit exposure to 2% of portfolio per trade.

• Stop Losses: Adhere strictly to predefined stop-loss levels to manage downside risk.​

🔄 Contingency Plans

• Earnings Surprises: Be prepared to adjust positions in response to unexpected earnings results.

• Policy Announcements: Stay alert for any sudden policy changes that could impact market dynamics.​

₿ Cryptocurrency Update

• Bitcoin (BTC): Currently trading around $93,326, experiencing a 2.2% increase.

• Ethereum (ETH): Trading at approximately $1,783.58, up 5.5%.

• Dogecoin (DOGE): Holding strong above $0.16, reflecting renewed investor interest .​

• LAES (Sealsq): Introduced Quantum AI Framework at the UN Alliance of Civilizations "AI for One Humanity" event in Geneva, focusing on post-quantum cryptography and AI integration for cybersecurity.

• IONQ: Announced a distribution partnership with Toyota Tsusho (TM) to expand quantum computing in Japan, marking a significant market entry.

• QBTS (D-Wave Quantum): Completed assembly of the Advantage2 system with Davidson Technologies in Huntsville, Alabama, with final calibration underway.

• QUBT (Quantum Computing Inc.): Secured an EmuCore sale to a major automotive manufacturer for R&D, validating its technology.

• RGTI (Rigetti Computing): Selected for Innovate UK’s Quantum Missions pilot competition, leading a £3.5M consortium to advance quantum error correction.

• QUBT CEO Transition: CEO William McGann to retire on May 12; Yuping Huang named interim CEO.

• 
  🔍 QBTS Long Opportunity

  • 🎯 Trade: Long QBTS

  • 📈 Entry: $7.07

  • 🎯 Target: $7.50 (+6.1% gain)

  • 🚫 Stop Loss: $6.75 (-4.5% loss)

  • 📅 Option: Buy $7 Call, May 16, 2025

  • ⏰ Timeframe: 2 days

  • 📊 Probability: 91% | Rating: 9.2/10

  • 🔑 Why: Advantage2 system milestone enhances QBTS’s quantum infrastructure leadership.

  • 🛑 Exit Plan: Sell if QBTS drops below $6.75; monitor defense sector.

Upcoming Events to Watch (April 24, 2025)

• Economic Data: Jobless Claims, Durable Goods, Existing Home Sales. Weak data could reinforce dovish rate expectations, supporting equities; strong data may pressure Tech.

• Earnings: GOOG, INTC, TMUS, FCX. GOOG and INTC could drive Tech volatility; FCX may impact Materials.

• Potential Impact: Dovish data could fuel Tech gains; strong earnings from GOOG/INTC may extend Tech rally.

^{$NOW beats}

^{NEM beats}

^{$TXN beats}

^{$IBM beats}

^{$LRCX beats}

Seasonality & Market Patterns:

• April historically sees Tech consolidation, but 2025’s tariff de-escalation supports outperformance in Tech and Financials overnight.

• Crypto-related stocks (HOOD) often see momentum in late April, aligning with Bitcoin trends.

Conclusion:
The market’s bullish trend, driven by Trump’s trade de-escalation, supports high-probability longs in Tech (PEGA) and Financials (HOOD). Focus on Tech and Financials for swing trades, monitor economic data and earnings for volatility. Trade with tight risk management.

Premium Subscribers Bonus Section: Stocks with 90%+ Chance of 10% Gain Within a Week

 President Trump’s memecoin, $TRUMP, surges as much as +65% after he announces that the top 220 holders will get to have dinner with him.

DCG Trial Membership.