On Friday, the stock market rebounded and soared to their best day in 2025 amid concerns on the Trump Administration’s policies and U.S. economy. However, this was still not enough to save the week, with the market recording its worst week since 2023.
Overall, S&P 500 rose 2.1% to 5,639, while NASDAQ jumped 2.6% to 17,754.
Tweet of the Day
Very important post. One of the stock market’s best of All Time has turned bearish and is short the S&P 500.
One reason he’s bearish is margin debt is too high, suggesting investors aren’t prepared for a Bear Market. https://t.co/j65dLaBpvw— David Sharek (@GrowthStockGuy) March 6, 2025
Chart of the Day
Here is the one-year chart of Sherwin-Williams (SHW) as of February 18, 2025, when the stock was at $353.
Last quarter, the company achieved 15% profit growth on just a 1% revenue increase. While the Paint Stores Group led the operating segments with 3% revenue growth, management noted that soft DIY demand and unfavorable foreign exchange impacted company performance, which led to a 4% drop in Consumer Brands Group sales and a 2% decline in Performance Coatings Group sales. Sherwin-Williams expects this weakness to persist this year, with profit growth projected to slow to just 1% next quarter.
SHW is part of our Conservative Growth Portfolio.