Morning Market Notes 05-07-25
Market Calendar
$SPX & $QQQ
It’s FOMC day.
We’re all eager to see what Jerome Powell and the crew will do with interest rates—likely a cut, but by how much?
And what kind of narrative will we hear from Powell?
Trump has already lowered his guard and has been using a softer tone when referring to Powell and the Fed. Will we see the same from JPow?
The markets will react accordingly. I’m still keeping an eye on upside potential, but not biased enough to ignore a shift if it happens.
Let’s have a sesh.
