The tastylive network Futures Power Hour - November 10, 2025 - Guess Who's Back and Better Than Ever?
Nov 10, 2025
Chris and Tom dive into the gloomy market sentiment despite strong earnings and GDP growth, pinpointing trade uncertainty as a key factor. They discuss potential catalysts like Cisco and Nvidia for the next market move. The duo debates the vulnerabilities of small-caps versus tech giants, while exploring how job data and potential Fed rate cuts could shape market outcomes. They analyze Treasury reactions, trade ideas for crude oil, and the implications of a breakout in gold and silver. Additionally, they share insights on currency positioning amid a weakening dollar.
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Earnings Grow But Sentiment Lags
- Earnings growth is accelerating while market sentiment remains sour despite strong blended EPS beats.
- Chris Vecchio highlights 23.5% MAG-7 and 11.8% S&P 493 blended earnings growth, questioning negative sentiment.
Tariff Risk Looms Over Markets
- Tariff uncertainty and potential Supreme Court rulings are hanging over markets and could reshape trade policy.
- Tom Sosnoff warns that an adverse ruling could force large tariff refunds and political complications.
Buy Dips With Clear Stop Levels
- Buy dips near established EMA and 50-day SMA support zones but use stop-losses at the 50-day SMA.
- Tom Sosnoff recommends taking a shot here and cutting losses if price drops to the 50-day SMA.