Accio Profits! Muggle Market Magic: A Week of Wonders (and a Few Dementors)

The Market's Been on a Right Proper Tear!

Blimey what a week! The S&P 500 is soaring higher than a Firebolt broomstick up 1.6% on Friday and aiming for its ninth straight session of gains. It's like the market's had a swig of Felix Felicis – pure unadulterated luck. Word on the street (or should I say Diagon Alley?) is that positive labor data is giving everyone a boost banishing those pesky recession concerns faster than you can say 'Expecto Patronum!'

Big Tech's Brew: A Cauldron of Good and… Slightly Less Good

Even the tech giants usually as reliable as Hermione Granger with a textbook had a mixed bag this week. Apple bless its heart had a bit of a fumble shares down almost 4% Friday. Seems like their high margin services business didn't quite hit the mark. But Amazon? Well that's a different story. Despite old Bezos trying to offload a mountain of shares (25 million can you imagine?) Amazon is still chugging along nicely. It's like when Hagrid tries to keep a dragon egg a secret – a bit chaotic but ultimately endearing.

Winners Circle: Earning the House Cup

Now let's talk about the real stars. Microsoft and Meta Platforms are strutting around like they've just won the House Cup. Microsoft with its Azure cloud business is raking in galleons faster than Gringotts can count. Meta? Well Zuckerberg's been charming investors even with talk of Trump's tariffs convincing them he's got it all under control. And let's not forget Honeywell the industrial powerhouse delivering the goods like a well oiled Hogwarts Express.

The Laggards: Stuck in Detention

Not everyone's been having a picnic with unicorns though. Eli Lilly the pharmaceutical giant got hit harder than Neville Longbottom with a Rememberall. Seems a rival company Novo Nordisk made a deal that's got Lilly feeling a bit under the weather. And poor Apple still reeling from that earnings report. They've had their price target lowered faster than Snape can deduct points from Gryffindor.

Amazon: The Phoenix Rising (Again!)

Ah Amazon. Earlier this week things looked grim what with Trump administration and tariffs. But they've shown the resilience of a phoenix rising from the ashes. While the guidance wasn't perfect they're bouncing back faster than I can dodge a bludger. They're holding steady proving that even with a bit of turbulence they're still a force to be reckoned with. I reckon they're just channeling their inner Dobby – determined and surprisingly powerful.

What's Next? More Crystal Ball Gazing

Next week more earnings reports are coming like a swarm of owls delivering important post. We've got Coterra Energy Ford Disney... the list goes on. And don't forget the ISM Services PMI and the FOMC meeting. It's enough to make your head spin faster than a Quidditch match! But fear not dear readers for we shall continue to navigate these treacherous waters armed with knowledge and a healthy dose of skepticism. After all as Dumbledore always said 'It does not do to dwell on dreams and forget to live' – or in this case to forget to invest wisely!