Here’s what’s happening in the markets and the key stocks to keep on your radar today (July 24):

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1. 📰 Key Market Moves & Stocks Worth Watching

✅ Trade Deal Optimism Boosts Global Sentiment

• U.S.-Japan recently agreed on a 15% tariff framework, lifting hopes for similar U.S.-EU deals .

• Asia markets have rallied, with Tokyo’s Topix and China indexes hitting fresh highs on this wave of positivity .

📉 Tesla Slides

• Tesla slipped ~6% pre-market after Q2 earnings missed expectations, with CEO Musk signaling “rough quarters” ahead due to weaker auto sales and dwindling EV subsidies .

📈 Alphabet (Google) Shines

• In contrast, Alphabet rose ~3.6–3.7% post-earnings, driven by strong AI-spurred revenue growth from its cloud division .

📌 Other Movers

• ServiceNow surged nearly 7% after upbeat guidance on AI software demand .

• Broadcom also jumped following Google’s cloud strength .

• IBM declined ~6% despite beating earnings, due to flat FCF projections .

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2. 🎯 Trading Opportunities & My Game Plan

A. Tesla (TSLA)

What happened: Tesla reported softer Q2 results and Musk warned of more tough quarters. The stock dropped hard on sentiment    .

Opportunity: If you’re contrarian, this dip might be a chance to nibble — especially if you believe Tesla can stabilize sales or deliver robotaxi/AI upside later.

Plan: Scale in cautiously; consider limited puts to hedge until clearer guidance emerges.

B. Alphabet (GOOGL)

What happened: Beat earnings and raised capex outlook, boosting cloud-related investor enthusiasm    .

Opportunity: Momentum trade for growth and AI exposure; could ride further if broader AI optimism continues.

Plan: Use breakout strategy post-earnings — buy the dip or add to position on breakout above intraday highs.

C. ServiceNow & Broadcom

ServiceNow: Strong AI guidance could attract more inflows  .

Broadcom: AI chip beneficiary after Google’s beat  .

Plan: Target these if you’re chasing sector strength. Watch for pullbacks to add.

D. Defensive & Regional Plays

• European Banks & Insurers: May rally on trade deal optimism .

• Asian Equities: Japan, China, Australia trending higher — regional ETFs or large caps like Toyota could benefit .

Plan: Swing trades on regional ETFs or key stocks with a global risk-on flavor.

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3. 🧠 My Trading Plan for the Day

1. Tesla: Consider small put spreads as hedge; avoid large long positions until Q3 visibility returns.

2. Alphabet: Buy-the-dip or momentum long — look for retest of post-earnings breakout.

3. Money on AI Plays: Add ServiceNow & Broadcom on dips in short term.

4. Trade Deal Theme: Small position in European bank ETFs or Japanese exporters on risk-on flow.

5. Safety First: Keep some dry powder in cash or hedged positions — markets look upbeat, but trade jitters and Trump’s Fed headline loom.

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🎁 Quick Recap

Stock Move Today Trade Idea

Tesla (TSLA) –6% pre-market Hedge with puts; no aggressive buy-in

Alphabet +3.6% post-earnings Buy breakout/dip for AI momentum

ServiceNow +7% on guidance Momentum swing entry on pullbacks

Broadcom Up with Google beat Trade on AI chip strength

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Bottom Line: Trade this session like a chess game — mitigate risks with cheap hedges, ride the AI wave in growth names, and diversify with regional pockets tied to global trade optimism. Cash or hedged positions are wise given mixed signals, but there are solid opportunities if momentum sticks.

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