August 14, 2025 8:08am

After Wednesday’s market cruising altitude, there’s a’comin turbulence <blips> on the radar

The sector is what it is, until it isn’t and even then, it doesn’t seem to be …

 

BREAKING: The producer price index (PPI), which measures final demand goods and services prices, jumped 0.9% on the month, compared to the estimate for a 0.2% gain. Excluding food and energy prices, core PPI rose 0.9% against the estimate for 0.3%. Excluding food, energy and trade, the index was up 0.6%, the biggest gain since March 2022. On an annual basis, headline PPI increased 3.3%, the biggest 12-month move since February and well above the Fed’s 2% inflation target. Services inflation provided much of the push higher, moving 1.1% higher in July for the largest gain also since March 2022. The labor market has split into low firings and tepid hiring: Initial claims for state unemployment benefits dropped 3,000 to a seasonally adjusted 224,000 for the week ended August 9. Economists had forecast 228,000 claims for the latest week.

Earnings: Brainstorm Cell Therapeutics (BCLI)

The sector is what it is, until it isn’t and even then, it doesn’t seem to be …

Never leave an investor uninformed … I say what others won’t, so you can do what others can’t!

Remember that overnight and pre-open actions’ futures and markets doesn’t necessarily translate into actual trading in today’s market session.

Economic data releases on the docket today = July’s producer price index reading and jobless claims data for the week ended Aug. 9 … slated for release at 8:30 a.m. ET.

My interpretation of the morning’s numbers is written to be informative; it’s built on what happened to make “it” happen today!

 

RegMed Investors (RMi) Financing note: Compass Therapeutics (CMPX) Launches $129 M offering … https://www.regmedinvestors.com/articles/14061

Wednesday’s night’s … RegMed Investors (RMi) Closing Bell: up and away … https://www.regmedinvestors.com/articles/14062

RegMed Investors (RMi) Research Note: Harvard Apparatus GT (OTCQB): Just another wrinkle – Q2/25’s 10-Q – liabilities exceed cash position … https://www.regmedinvestors.com/articles/13812

 

Thursday: The pre-open Dow futures are DOWN -0.41% or (-184 points), the S&P futures are DOWN -0.46% or (-33points) and the Nasdaq futures are DOWN -0.54% or (-130 point)

  • Stock futures took a big hit, after PPI on Thursday, 8/14
  • European markets were trading to the upside,
  • Asia-Pacific markets close mixed.

 

Henry’omics: We need to more than consider the economic environment to comprehend the micro re “our” universe of cell and gene therapy companies

  • Wednesday: The Dow closed UP +463.66 points or +1.04%, the S&P closed UP +20.82 points or +0.32% while the Nasdaq closed UP +31.236 points or +0.14%
  • Tuesday: The Dow closed UP +483.52 points or +1.10%, the S&P closed UP +72.31 points or +1.13% while the Nasdaq closed UP +296.50 points or +1.39%
  • Monday: The Dow closed DOWN -200.52 points or -0.45%, the S&P closed DOWN -16 points or -0.25% while the Nasdaq closed DOWN -64.62 points or -0.30%
  • Last week, the S&P 500 has gained 2.5%, the Nasdaq has added +3.9% and the Dow has advanced 1.4%.
  • The previous week, the Dow tumbled -2.9%, the S&P 500 dropped -2.4% and the Nasdaq lost -2.2%

Economic Data Docket: Initial jobless claims, Producer price index - July, Core PPI -July, PPI year over year, Core PPI year over year and Richmond Fed President Tom Barkin speech 

 

Q3 – August - 6 negative and 3 positive closes

•             July – 1 market holiday, 13 positive and 9 negative closes

 

Companies in my headlights – It’s your decision; I provide ideas and context

I post about “indication intelligence” looking toward investment conferences … to assist investors with insight into sector vulnerabilities and strengths.  A dictionary definition of “indicate” refers to something less than a certainty; an indication could be a signal of being oversold or overbought, a recommendation, or grounds for inferring or a basis for believing.

  • I’ll pass; …. in the usual "pass" from this week’s econs and more earnings releases, as well as the usual ups, downs and just plain uncertainty

 

The BOTTOM LINE: Stock futures traded near the flatline Thursday, wsaiting for the econs ... even though measured by sector LPS (loss-per-share) earnings results, a day after the S&P and Nasdaq popped to new records.

August: understand the “flow” …

  • 8/13 – Wednesday closed positive with 32 positive, 2 negative and 1 flat
  • 8/12 - Tuesday closed positive with 28 positive, 6 negative and 1 flat
  • 8/11 – Monday closed negative with 10 positive, 25 negative and 0 flat
  • 8/8 – Friday closed negative with 11 positive, 23 negative and 1 flat
  • 8/7 – Thursday closed negative with 9 positive, 24 negative and 2 flats
  • 8/6 – Wednesday closed negative with 11 positive, 22 negative and 2 flats
  • 8/5 – Tuesday closed negative with 15 positive, 19 negative and 1 flat
  • 8/4 – Monday closed positive with 27 positive, 8 negative and 0 flats
  • 8/1 – Friday closed negative with 9 positive, 20 negative and 6 flats

 

Earnings are still the highlight of the week: Meeting earnings expectation and/or missing consensus will deem share pricing outcomes.

  • Earnings:  4 net incomes and 24 net losses of 27 releases to date

 

I also hate to be so negative or contrarian but, this is a NO spin zone and truth is its product; I can always be WRONG but, I am mostly EARLY!”

 

Reiterating, “There are always some big ifs, especially given some of the headlines that could emanate after a past few months of news flatulence.

  • As always, I brace myself for earnings associated with share pricing volatility, some economics and tariff developments and their effects?

Welcome to my world of defining the “grey’ in our universe!

  • I am more frequently right than consequentially wrong; if I wanted to be liked, I wouldn’t have been an analyst/journalist.

 

Opinions expressed are those of the author and are subject to change, and not intended to be a forecast of future events, a guarantee of future results, nor investment advice. All investments are subject to risks. Investors should consider investment objectives.

Whether information or intelligence is good, bad or somewhere in between; I put into context what is relevant and useful for investors.  All investments are subject to risks. Investors should consider investment objectives.  Regulation Analyst Certification (Reg AC): The research analyst primarily responsible for the content of this report certifies the following under Reg AC: I hereby certify that all views expressed in this report accurately reflect my personal views about the subject company or companies and it’s or their securities.

 I also certify that no part of my compensation was, is or will be, directly or indirectly, related to the specific recommendations or views expressed.