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Tech and Crypto Pull Back as Market Mood Shifts

Investors Cool on AI and Crypto as Stock Indexes Slip November 18, 2025
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Changes in the Market are on display Markets retreat as tech and crypto giants lose steam.

Good Morning,

Markets are starting to wobble as some of the year’s biggest winners, like Nvidia and Bitcoin, lose their shine. We break down why these pullbacks are rattling indexes, what it signals about risk appetite, and whether this is a pause or something bigger. If you’re riding AI stocks or crypto exposure, this is the one to read.

Cisco shifts entry level hiring by using AI to automate basic roles and intensify training for higher skilled positions, Genuine Parts sustains its $1.03 dividend to reassure investors amid inflation, and Home Depot misses Q3 earnings expectations due to weak housing demand and fewer storm related sales.

Don't forget to voice your opinion in my polls below.

Here are your Morning Bullets.

– Truly yours, Fred Frost


📉 Yesterday's Market Recap

Markets took a beating on Monday, with major U.S. indexes logging their third straight day of losses. The Dow dropped 557 points, while the S&P 500 and Nasdaq also slipped below key averages. Investors seem jittery over AI hype and fading hopes for Fed rate cuts.


  • Dow Plunges 1.2%: Closed at 46,590.24, a 557.24-point loss, signaling broader market unease. → MarketWatch

  • S&P 500 Falls Below 50-Day Average: Ended at 6,672.41, down 61.70 points, as investors rethink tech exposure. → CNBC

  • Nasdaq Slides 0.8%: Dropped 192.51 points to 22,708.07, pressured by doubts on AI trade. → Seeking Alpha


📉 Daily Performance Snapshot

Index/Asset Closing Value Change
S&P 500 6,672.41 -0.92%
Nasdaq 22,708.07 -0.84%
Dow Jones 46,590.24 -1.18%
Gold $4040.60 -0.83%
Crude Oil $59.94 +0.05%
Bitcoin $91,380 -4.2%
10-yr Treasury Yield 4.133% -0.36%

🔭 What to Watch Today

Today’s calendar has market-moving potential, with key earnings and geopolitical developments that could sway investor sentiment. Keep an eye on these events for ripples across tech and defense sectors.

  • Nvidia Earnings Release (After Market Close): All eyes on Nvidia as Q3 results could sway tech valuations, with revenue expected at $54.8 billion. → Stocktwits
  • Trump Meets Saudi Crown Prince (White House): A potential F-35 jet deal with Saudi Arabia could shift Middle East defense dynamics. → Benzinga
  • Delayed U.S. Employment Data (Thursday Preview): Postponed due to a shutdown, this data could influence Fed rate cut expectations tomorrow. → ABC News

  • 💡 Opportunity Watch

    Amid market turbulence, a few intriguing plays emerge tied to tech innovation and geopolitical shifts. Here’s where sharp investors might spot potential.

    • Xpeng Inc. (XPEV) - Robotaxi Rollout: With three Robotaxi models launching in 2026 sans LiDAR, Xpeng could lead autonomous driving innovation. → Benzinga
    • SkySafe - Drone Tracking Crypto: Earn $FLIGHT tokens by joining SkySafe’s drone sensor network, a unique DePIN play for $949. → Fortune
    • Goldman Sachs Gold Target ($4,900): Central bank buying, led by China’s secretive hoarding, could push gold prices to new highs. → Benzinga

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    🔥 The Big Bullet

    Nvidia and Bitcoin Slide as U.S. Stock Market Sinks

    What happened: Stocks dropped sharply as investors pulled back from some of the biggest winners of 2025. Nvidia shares tumbled, pulling the broader market down with them. Bitcoin also fell, losing all its gains for the year. These drops come as part of a broader retreat from riskier investments. The S&P 500 and Nasdaq both slipped below their 50-day moving averages. Some traders see this as a sign of more weakness ahead. While tech stocks led the decline, other areas felt pressure too. Investors are rethinking how much more growth these “hot” assets can deliver.


    Why it matters: Big tech companies like Nvidia have been powering the stock market this year. When these names fall, the rest of the market often follows. Some analysts think Nvidia’s future growth may already be priced into the stock, which could limit its upside. Bitcoin's drop adds pressure on other risky bets, like cryptocurrencies and newer tech stocks. This shift in mood may push investors to safer assets, such as bonds or dividend stocks. It also reflects growing concerns about high valuations and slowing economic growth. If confidence in the AI boom or crypto fades, markets may struggle. What was once a strength could become a drag.

    What’s next: Traders will watch to see if the S&P 500 and Nasdaq can recover their recent losses. If they stay below key support levels, more selling could follow. Bitcoin’s ongoing slide could also affect crypto-linked stocks. Any updates on interest rates or inflation could shift market direction again. Economic data on jobs or spending will be closely followed. A slowdown in tech earnings could change investor expectations. At the same time, seasonal patterns like year-end rallies may still offer support. But overall, markets look more cautious than they did just weeks ago.


    Reader Feedback

    Yesterday, I asked you: Tesla is cutting China-made parts from its U.S. cars. What’s your take? The majority of you at 60% said "Tesla’s doing the smart thing, time to bring it home"

    Frederick from Florida replied: "I think Tesla is making a smart choice by using more parts made at home."

    Here's what I'm asking you today:

    Tech and crypto just sank. What do you think is the biggest reason?

    Login or Subscribe to participate

    As always if your opinion is not here, or you want to throw your two cents at me, reply to the E-mail, and let me know your exact thoughts.



    🧭 Policy & Market Ripples

    • Cisco’s AI Shift on Entry-Level Jobs: AI tools replaced basic support roles, pushing new hires into higher-tier positions with intensive onboarding. → Fortune
    • Genuine Parts Dividend Steady: Declared $1.03 quarterly dividend, payable January 5, maintaining shareholder confidence amid inflation. → Seeking Alpha
    • Home Depot Misses Mark: Q3 adjusted EPS of $3.74 fell short of $3.85 estimates, citing fewer storms and housing woes. → Stocktwits

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    📜 This Day in History – November 18

    November 18 is a date for structural leaps — scientific, architectural, and commercial milestones that quietly redrew the boundaries of what societies could build and understand.

    James Watt’s steam engine condenser diagram

    1781 – James Watt received his patent for the rotary-motion steam engine, a breakthrough that powered factories, mills, and the industrial economy’s rise.

    1953 – Karl Ziegler synthesized high-density polyethylene using his catalytic process, catalyzing modern plastics manufacturing and the global consumer-goods economy.

    1928 – The first Mickey Mouse film with synchronized sound, *Steamboat Willie*, premiered, proving animation could be commercially scalable and birthing a media empire.

    1998 – The first modules of the International Space Station were launched, enabling multinational R&D in microgravity and seeding an orbital innovation economy.

    Yesterday, 74% of you chose the right answer to the trivia question: To boost economic activity through higher government spending or lower taxes


    A man who does not plan long ahead will find trouble right at his door.
    – Confucius
    Thanks for Reading.

    Stay Sharp. Stay Focused.
    Fredrick Frost
    Editor, MorningBullets

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