Market review from UTEX — week 4

The main U.S. indices closed the week slightly lower. SPY lost 0.35%, Nasdaq 0.86%.

Week's leaders: Advanced Micro Devices (+14%), KLA Corp (+12%), Alibaba (+10%), and Johnson & Johnson (+7%). Top losers: Salesforce (-12%) and Wells Fargo (-7%).

Bitcoin gained 2.5% over seven days, currently trading at $93,000. Ethereum +3%, current price around $3,200.

The topic of Trump buying Greenland has turned into open economic confrontation between America and Europe. The U.S. President stated he will impose 10% tariffs on Denmark, Sweden, France, Germany, Netherlands, Finland, Norway, and the UK until the U.S. can buy Greenland. If the U.S. fails to purchase this vast semi-autonomous Danish territory, the levies will rise to 25%. Eight European countries supported Denmark's sovereignty and sent troops to Greenland for “Arctic Endurance” exercises.

Meanwhile, earnings season is picking up steam. This short week features reports from Netflix, Intel, GE Aerospace, United Airlines, 3M, Johnson & Johnson, Procter & Gamble, and Travelers Companies — plenty of choices.

Top trading ideas for this week

🔴 Netflix (NFLX). Report on January 20 after close. -25% for the quarter. Analysts forecast significant growth in the advertising business this year and consider Netflix's business strong. But the correction might not be over yet. Netflix knows how to surprise on earnings — could be a nice gap in either direction.

🟡 Intel (INTC). Report on January 22 after close. Non-stop positive news around the company, stock up 103% in six months. In January, several investment firms raised Intel's rating, and Trump recently praised its CEO again. Volatility has increased significantly.

🔴 GE Aerospace (GE). Report on January 22 before open. Continuous growth since early 2023 — from $50 to $325 without major pullbacks, but also without accelerations. It's about time to deliver something — either a takeoff or correction.

🔴🔴 SanDisk (SNDK) +880% in six months, Western Digital (WDC) +225% in six months, Micron (MU) +217% in six months. Key players in data storage and semiconductors, among the main beneficiaries of the AI boom over the last six months. Insane intraday volatility. If the Greenland conflict doesn't resolve and market turbulence begins, these stocks could correct nicely. But daily charts show no reversal hints yet. Not for beginners or those who hold through moves against them.

🟡 Freeport-McMoRan (FCX). Report on January 22 before open. Copper and gold miner. Copper demand continues to grow, gold prices rewriting highs. More for a mid-term portfolio.

Choose what suits you best:

🔴 high risk, for the pros;

🟡 medium risk, for traders with little experience.

Profitable deals!

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