Market review from UTEX — week 16
No peace yet. The new earnings season has begun: reports from Netflix and TSMC are on the horizon.
The main event of last week was the announcement of a two-week truce between the US and Iran. Against this backdrop, major US indices showed impressive gains — the SPY rose 3.6%, while the Nasdaq gained 4.5%.
Among the largest companies, Intel (+23%), Lam Research (+20%), Broadcom (+17%), Micron, and Amazon (+14% each) stood out. Meanwhile, Palantir lost 14% for the week, and IBM was down 7%.
Bitcoin gained 5% over the past seven days, currently trading at $70,800. Ethereum rose 7% to $2,180.
On Thursday, the core PCE index, an important inflation indicator for the Fed, was released. The data matched analyst expectations. On Friday, the Consumer Price Index (CPI) came out; the March figure accelerated to 3.3% but did not exceed consensus (3.4%).
The focus this week will be on the details of negotiations between the parties involved in the Middle East conflict. Late Saturday evening, Vice President JD Vance stated that the US and Iran failed to reach a peace agreement after marathon talks in Islamabad, Pakistan, because Tehran did not agree to a ban on nuclear weapons development.
This week, the new earnings season kicks off. Traditionally, the largest companies in the financial sector will be the first to report. The most anticipated reports for the coming week include Goldman Sachs, JPMorgan, Johnson & Johnson, Wells Fargo, ASML, Bank of America, Taiwan Semiconductor, Netflix, PepsiCo, and Abbott Laboratories.
Top ideas for trading this week
🔴 Netflix (NFLX). Report due April 16 after market close. Shares of the streaming giant have been rising since the company stepped back from the bidding war for Warner Bros. Discovery. On April 6, Goldman Sachs upgraded the stock from Neutral to Buy with a $120 price target. Analysts believe Netflix will direct capital toward content acquisition and development, with an increased focus on live event streaming, creator-led content, and gaming. NFLX tends to show solid volatility around earnings.
🟡 ManpowerGroup (MAN). Report due April 16 before market open. The company specializes in recruitment, staffing, outsourcing, HR consulting, training, and employee assessment. The stock has fallen 47% over the year, but revenue returned to growth in Q4 2025 for the first time in three years. There is strong support around $25–26. If the report doesn't disappoint and the level holds, these could be decent prices for the medium term. But it's better to wait until after the report.
🔴 ASML Holding (ASML). Report due April 15 before market open. Shares of the chip equipment supplier are not cheap, but they are almost always highly volatile around earnings. For those who like expensive, volatile stocks.
🔴 CarMax (KMX). Report due April 14 before market open. The leader of the US used car market is now trying to keep up with younger, fast-growing digital rival Carvana. New CEO Keith Barr is focused on technology upgrades. A potential medium-term play.
🔴 Micron Technology (MU), SanDisk (SNDK), Western Digital (WDC), Seagate Technology (STX). Shares of memory chip manufacturers continue to be among the most volatile on the market.
Trade what suits you best:
🟡 Medium risk — for traders with limited experience.
🔴 High risk — for professionals.
Profitable deals!
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