Morning Market Notes 04-04-25

Morning Market Notes 04-04-25
Mr. Jerome Powell speaks at 11:25 am

Market Calendar

Calendar by 0dtHERO

$SPX & $QQQ

On Tuesday, we mentioned that a touch of the 20-month moving average by $SPX was inevitable—but I didn’t think we’d get there in just three days. Today, we’re set to open below it.

JPow speaks right before noon. He’s been going back and forth with the President over rate cuts, so we’ll be watching for any change in tone.

Even though we didn’t get the range with the NFP print, I’m still playing the unc2.0.

Let’s have a sesh.

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