The recent market can neither break through nor go down.
Last night, the financial reports of Snap and Smc, two companies that attracted much attention in the market, were far below expectations, causing their stock prices to plummet by 15%.
The US stock market also welcomes important data. Let’s talk about GDP first. The current median forecast is
The real economic growth rate in the first quarter is estimated to be 0.8%, far lower than 2.4% in the fourth quarter of last year.
If the actual data is similar to this, it means that the probability of economic recession has increased significantly, and this data has not yet added the drag on the economy caused by Trump’s tariff policy.
Judging from the March JOLTS job data, except for manufacturing, basically all industries are declining.
The ratio of job openings to the number of unemployed people was 1.02, a new low for this cycle (one of the most watched data points by the Federal Reserve)
The point I want to express to you is that this wave of rebound space has insufficient momentum. You can look at the trend of this round of rebound.
SPX's monthly line almost closed flat, recovering the losses since April 2, as if nothing had happened in the market
But we can also find that the trend slope is steeper and the time span is shorter, which means that the risk should be put in front, so there is no need to enter the warehouse now and wait for the data to come out in the evening.
There is also a hunch that the Fed will likely open the door to rate cuts in June, at least sending a strong signal of easing
Wait patiently for your opportunity