Wall Street Digest
A not so convincing relief rally.
📊 Market Recap – March 5, 2025
📈 Indices
S&P 500: 5,842 (+1.1%)
Dow: 43,006 (+1.1%)
Nasdaq: 18,285 (+1.5%)
Russell 2K: 2,084 (+1.0%)
⭐ The market opened with a slight bounce, dipped from 10 AM to 12 PM, and then staged a steady afternoon climb, closing near the highs. 📈
🔥 Winners: $GM (+5.2%), $F (+5.0%), $TSLA (+2.6%), $NVDA (+1.1%), $MRNA (+16.0%)
📉 Losers: CRWD (-6.3%), Energy stocks lagging (-1.5%)
🚀 Crypto
BTC: $90,315 (+4.0%)
ETH: $2,241 (+3.7%)
SOL: $138.62 (+5.2%)
ADA: $0.72 (+4.9%)
XRP: $0.64 (+3.1%)
💰 Stock of the Day: $DOW (+6.1%)
💉 Why $MRNA Popped 16% Today
1️⃣ CEO Buy Alert – Moderna CEO bought $5M of stock, his first open-market buy since 2011. 🚀
2️⃣ Cancer Vaccine Optimism – Execs expect their Merck-partnered cancer vaccine to launch by 2027. 🧬
📈 Investors jumped in, sending $MRNA to +16% on the day!
Our stock to watch from yesterday ($ASTS) popped 18% today. No news of note besides the mention.
🚀 Why These Stocks Popped Today
📈 $TNXP (+40.5%) – Speculative surge, no major news.
📈 $SITM (+19.5%) – Analyst upgrades & strong guidance.
📈 $ASTS (+18.1%) – Satellite deal optimism.
📈 $VNET (+16.4%) – Data center growth bets.
📈 $MRNA (+15.9%) – CEO buys $5M + cancer vax hype.
📈 $MP (+14.3%) – Rare earth demand rising.
📈 $DB (+13.8%) – Strong financials.
📈 $YMM (+13.6%) – Logistics sector strength.
📈 $IVPAF (+13.5%) – Mining expansion bets.
📈 $CE (+12.7%) – Earnings beat expectations.
📈 $HII (+12.3%) – Defense contracts boost.
📈 $MSTR (+12.1%) – Bitcoin rally fuels surge.
📈 $FUTU (+11.9%) – Strong user growth.
📈 $MT (+11.3%) – Steel demand optimism.
📉 Biggest Losers – March 5, 2025
🔻 $THO (-14.5%) – Weak earnings & lowered guidance.
🔻 $CRDO (-14.0%) – Post-earnings selloff despite revenue growth.
🔻 $ANF (-9.2%) – Concerns over retail slowdown.
🔻 $SOC (-8.1%) – Offshore energy stock pullback.
🔻 $CRWD (-6.3%) – Weak Q1 guidance & rising costs.
🔻 $DSCSY (-5.9%) – Semiconductor sector weakness.
🔻 $OSIS (-5.7%) – Market reaction to lower orders.
🔻 $INGM (-5.5%) – Distribution sector volatility.
🔻 $MPC (-5.3%) – Refinery stocks drop with crude prices.
🔻 $CALM (-4.9%) – Egg prices normalizing after peak demand.
🔻 $FRO (-4.9%) – Shipping stock pullback.
🔻 $VONOY (-4.9%) – European housing concerns.
🔻 $SM (-4.6%) – Energy sector weakness.
🔻 $VLO (-4.5%) – Oil refining margins under pressure.
🌙 After-Hours Gainers – March 5, 2025
📈 $TREE (+15.3%) – Strong earnings beat.
📈 $VEEV (+7.3%) – Positive guidance lift.
📈 $CXW (+7.1%) – Institutional buying.
📈 $TARS (+6.7%) – Drug approval speculation.
📈 $MASS (+6.5%) – High-volume surge.
📈 $ZS (+5.4%) – Cybersecurity demand boost.
📈 $WELL (+5.0%) – REIT sector strength.
📈 $TPG (+5.0%) – PE firm outlook optimism.
📈 $VAC (+5.0%) – Travel demand rebound.
📈 $PCAR (+4.9%) – Strong truck sales data.
📈 $ODFL (+4.5%) – Freight sector momentum.
📈 $CLVT (+4.4%) – Analyst upgrade.
📈 $NPKI (+4.3%) – Industrial sector rally.
📈 $ACHC (+4.3%) – Healthcare demand boost.
📈 $RLJ (+4.0%) – Lodging recovery optimism.
🌙 After-Hours Losers – March 5, 2025
🔻 $MDB (-16.1%) – Weak earnings & guidance miss.
🔻 $MRVL (-14.9%) – AI chip demand concerns.
🔻 $GRND (-7.7%) – Profit-taking after recent run.
🔻 $ONL (-6.2%) – Office REIT sector pressure.
🔻 $SONO (-6.2%) – Weak consumer spending fears.
🔻 $AQST (-5.0%) – Biotech sector weakness.
🔻 $VVV (-5.0%) – Lower-than-expected earnings.
🔻 $CEVA (-5.0%) – Semiconductor pullback.
🔻 $AVL (-4.8%) – ETF exposure to AVGO decline.
🔻 $VMEO (-4.8%) – Digital ad spend concerns.
🔻 $CUBE (-4.6%) – Storage REIT decline.
🔻 $AVGX (-4.6%) – Tracking AVGO weakness.
🔻 $WPC (-4.2%) – Real estate market pressure.
🔻 $ZI (-4.1%) – Cloud software sector struggles.
🔻 $NTAP (-4.1%) – Data storage slowdown.
📅 Key Economic Events – March 7-8
Thursday, March 7
📉 ECB Rate Decision – Expected 25 bps cut to 2.5%.
🌍 US Trade Balance – January data on imports/exports.
Friday, March 8
💼 US Jobs Report – Nonfarm payrolls & unemployment rate.
🇨🇦 Canada Jobs Report – Labor market update.
🌡👀👀
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