Monday Market Open

Dear Winner,

I would like to Congratulate you on a successful weekend 🤝and another strong week coming.🎯

You are hungry for Alpha, I know. Before we sit down and feast, I must say, you have come to the right place - Monday Market Open.

So, with that said, let’s get after it…

Market Indices & Commodities

News
The Recap

In case you missed it, forgot, overslept, drank too much, were traveling, or whatever the case may be…

• CPI report released released last week soothed fears that a new wave of inflation pressures was emerging. 📨

• Stock market reached a new all-time high last week 🔥

• The Dow briefly eclipsed the 40,000 mark for the first time ever on Thursday of last week. 🎯

• Iranian President dies in helicopter crash. 📰

• Japan’s economy shrinks by 0.5% exceeding expectations. 📝

Graph of the Day
Why’s Inflation up?

News
This week

Another big week of earnings, news, economic data, events, the whole 9 yards. Get the scoop on what is important to know for this week.🎯

• Monday - Atlanta Fed President Raphael Bostic and Fed Vice Chair Michael S. Barr deliver remarks. Palo Alto Networks (PANW), Trip.com Group (TCOM), and Zoom Video Communications (ZM) report earnings

• Tuesday - Microsoft Build conference keynote address by CEO Satya Nadella. Lowe’s (LOW), AutoZone (AZO), XPeng (XPEV), and Macy’s (M) report earnings.

• Wednesday - Existing home sales (April). Minutes of May FOMC meeting. Nvidia (NVDA), TJX (TJX), Target (TGT), Snowflake (SNOW), Toll Brothers (TOL), and Williams-Sonoma (WSM) report earnings

• Thursday - Initial jobless claims (Week ending May 11). S&P flash U.S. services PMI (May). S&P flash U.S. manufacturing PMI (May). New home sales (April. Federal balance sheet).

• Friday - Booz Allen Hamilton (BAH) reports earnings and some more boring econ stuff.

⭐ investors’ attention will be split between the minutes from the Federal Reserve’s last policy meeting and the earnings report published by Nvidia (NVDA).

Now You Know 
The EV battle.

Alright,

This story was rather interesting in my opinion. It’s all sort of kicked off after sleepy Joe announced substantial new tariffs on a variety of Chinese imports, particularly targeting electric vehicles (EVs), solar panels, semiconductors, and batteries. The tariffs on Chinese EVs have been increased from 25% to 100%, with the aim of protecting U.S. industries and workers from what the administration describes as unfair trade practices by China, such as heavy subsidies and overproduction that lead to market dumping.

However, these tariffs part of a broader strategy to bolster American industry, particularly in green energy and high-tech sectors.

The move has been met with mixed reactions, receiving support from domestic manufacturers and labor unions, but criticism from economists and global manufacturers who fear increased costs and potential retaliatory measures from China.

The Statista chart highlights the significant growth in Chinese exports of electric vehicles. Over the past few years, China's EV exports have surged, making it a major player in the global EV market. This rapid increase in exports is part of China's broader strategy to dominate the electric vehicle industry, This growth has positioned China as a key competitor in the EV sector, challenging established automakers in Europe and the United States

This emerging market is obviously of huge importance as both China and the U.S. are going toe to toe, in order to try and gain the market majority in the EV or green energy sector. It might be an idea to have a look at some of those up and coming Chinese EV companies. Rather than being all in on Tesla and Elon (who may be occupied in a twitter beef).

Might be something to keep an eye out for.

Thank you  
That’s all Folks

Hey, thank you for checking out Monday Market Open. I hope you enjoyed it, learned something new, and are feeling ready to attack the week. Keep an eye on your inbox for more Alpha coming your way this week.

Cheers,