Market Monitor April 15 Before Market Open ( Dell, Palantir UP, Meta DOWN)

Wall Street Starts Easter Week Strong as Tariff Concerns Ease

Wall Street kicked off Easter Week with gains, driven by relief over President Donald Trump's softened stance on tariffs. Apple (AAPL | +2.21%) and other tech companies benefited after the U.S. government temporarily excluded smartphones and semiconductors from new import duties.

On a calmer trading day - the start of a shortened week due to Good Friday market closures - the Dow Jones rose 0.8% and the Nasdaq gained 0.6%. Apple climbed 2.2%, while other tech stocks like Dell (Dell | +4.0%), Micron (MU | +2.1%), and Texas Instruments (TXN | +2.3%) also advanced. Intel (INTL |+2.9%) rose 2.9% after announcing the sale of a 51% stake in its Altera unit to private equity firm Silver Lake, a deal worth $8.75 billion.

Automakers also rallied, with GM (GM | +3.5%), Ford (F | +4.0%), and Stellantis (STLA | +5.6%) gaining between 3.5% and 5.6%, after Trump hinted at giving car manufacturers more time to move production back to the U.S. - a signal of possible tariff flexibility for the auto sector.

Meanwhile, Palantir Technologies (PLTR | +4.6%) jumped 4.6% following news that NATO would use its AI-powered software to modernize military operations.

Meta Platforms (META | -2.2%) is facing a major antitrust trial, with the FTC accusing it of using anti-competitive tactics by acquiring Instagram and WhatsApp to maintain its monopoly in personal social networking.

The FTC wants Meta to undo these acquisitions. Meta defends itself by arguing it faces strong competition from platforms like TikTok, YouTube, and X. CEO Mark Zuckerberg emphasized a shift toward interest-based content on Meta’s platforms. The trial began as Meta's stock fell 2.2%, amid broader investor concerns over tariffs and a recent decline in performance for 2025.

Despite the market optimism, consumer concerns about inflation, unemployment, and the stock market grew in March, according to a New York Fed survey. Consumers now expect inflation to reach 3.6% over the next year, the highest level since October 2023.

Market strategists caution that while investors welcome signs of tariff restraint, sustained confidence will depend on continued flexibility from the White House.

Daily Market Analysis – April 14, 2025 (After Market Close)

Short Term Trend

SPY (S&P 500 ETF)

• Short-Term Trend: Down (no change)

QQQ (Nasdaq-100 ETF)

• Short-Term Trend: Down (no change)

IWM (Russell 2000 ETF)

• Short-Term Trend: Down (no change)

Long Term Trend

SPY (S&P 500 ETF)

• Long-Term Trend: Down (no change)

QQQ (Nasdaq-100 ETF)

• Long-Term Trend: Down (no change)

IWM (Russell 2000 ETF)

• Long-Term Trend: Down (no change)

Market Breadth Analysis for April 14, 2025 (After Market Close)

1. Overall Market Sentiment Shift (April 7–14, 2025)

The market breadth has shown a notable bullish reversal:

• April 7–10: Market breadth was bearish with declining stocks dominating. April 10 saw 86.8% declining stocks — a washout day.

• April 11 & 14: Strong recovery. April 14 recorded 79.4% advancing stocks, indicating broad participation.

This quick shift from negative to positive suggests short-term capitulation followed by strong buying interest, typical of a bounce or potential trend reversal.

2. Breadth Metrics Highlights (April 14, 2025)

• Advancing Stocks: 79.4% — strongly bullish

• Advancing 4% Day: 5.2% — not extreme, but shows momentum

➜ SMA Participation (still weak):

• Above SMA(20): 19.1%

• Above SMA(50): 14.9%

• Above SMA(200): 18.5%

➜ Despite recent gains, few stocks are above key moving averages, suggesting the bounce is early and recovery is not broad yet.

• New Highs (NH): 0.8% vs New Lows (NL): 1.1% — still weak internals

• Percentage Positive (PP): 3.1% — low, shows majority of stocks still trending poorly

3. Outlook

• Short term: Positive bias, potential for further rally if participation improves.

• Medium to long term: Still bearish. Breadth metrics suggest caution until more stocks reclaim key moving averages and new highs exceed new lows consistently.