Morning Market Notes 04-28-25
Market Calendar
$SPX & $QQQ
Last week, we thrived on volatility — or price violence, as I like to call it. Our reading on the market was spot on when I mentioned on Tuesday that we were back to high-range days, and a swing posted in Team Bull captured a massive move upwards on the S&P 500.
This week, I don’t have the same expectations, at least for now.
Besides the gap from Liberation Day, I’m not risking more strangles here. This is a wait-and-see scenario, at least until the gap is filled or one of the giants reports — see the Weekly Market Calendar for dates.
Let's have a sesh.