To The Moon

Last Week's Recap Weekly Market Digest: CPI/PPI Shock, Treasury Yields Spike, and the 7-Week Rally Flattens Flattening out — $S&P 500(.SPX)$ notched its seventh weekly gain in a row, but the barely-there 0.2% rise marked a sharp departure from prior weeks' big increases; NASDAQ and Dow both posted fractional weekly declines. Yields spike — The 10-year Treasury yield finished at 4.59% (up from <4.00% as recently as late February); the 2-year was 4.08%, while the 30-year hit 5.12%—the highest since 2007. Hot inflation readings — April CPI rose at a 3.8% annual rate (highest since May 2023); PPI surged to a 6.0% annual rate (highest since December 2022), driving bond yields higher. Rate hike ahead? — CME FedWatch now implies roughly a 50% prob

Last Week's Recap 1. Moderating Market -The S&P 500 and the NASDAQ recorded their sixth consecutive weekly gains Upward momentum — as stronger-than-expected quarterly earnings growth lifted, The $NASDAQ(.IXIC)$ finished up 4.51% for the week and the $S&P 500(.SPX)$ added 2.33%. The $Dow Jones(.DJI)$ lagged, posting a fractional gain. Earnings juggernaut — S&P 500 Q1 earnings growth surged to 27.7% from 13.1% at end-March, the strongest since Q4 2021, per FactSet. Jobs improvement — Back-to-back monthly gains: April added 115K jobs (above forecast) and March revised up to 185K; unemployment held at 4.3%. Style shift — Growth outpaced value for the 5th

The $S&P 500(.SPX)$ surged 2.33% last week and closed at a new record high of 7,398.93, marking its largest one-week point and percentage gain since the week ending April 17, 2026, and extending its winning streak to six consecutive weeks. The index has now rallied 16.17% over the past six weeks — the largest six-week percentage gain since May 2025 — and sits 30.47% above the April 2, 2025 tariff-announcement lows.This was the 15th record close of 2026, with the index up 8.08% year-to-date.Industry leaders: OLED Concept (+11.60%) and Crypto (+11.50%) dominated the leaderboard, as Bitcoin reclaimed the $80,000 level and crypto-related equities rode the risk-on wave.Textiles (+11.21%) surged on tariff-exemption optimism and supply-chain re-ratin

Last Week's Recap 1. Moderating Market: $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ Add ~1% as April Momentum Cools Moderating market — S&P 500 and NASDAQ both added ~1% to fresh records; Dow edged up 0.5%, still 1.4% below its all-time high. Fed transition — Fed held rates unchanged; Kevin Warsh’s nomination to replace Powell cleared a Senate panel, teeing up a full Senate vote. Bullish April — NASDAQ +15.3% (best month since Apr 2020); S&P 500 +10.4% (best since Nov 2020); Dow +7.1% (best since Nov 2024). Earnings surge — S&P 500 Q1 EPS growth forecast jumped to 27.1% from 15.0% after mega-cap tech beats, per FactSet. GDP comeback — Q1 GDP grew at a 2.0% annual rate, up from 0.5% in Q4 2025. PC

Last Week's Recap1. NASDAQ +1.5% on Semis, but Consumer Sentiment Cracks Below 50: Weekly WrapSlowing down — U.S. indexes flattened after three straight weekly records. The NASDAQ rose 1.5% (semis-led), the S&P 500 edged up fractionally, and the Dow slipped slightly.Energy shocks — Middle East tensions pushed U.S. crude to ~$95/bbl (from ~$83), though still well below the April 7 peak of ~$113.Top-heavy earnings — The Magnificent Seven are expected to deliver Q1 EPS growth of 22.8% vs. just 10.1% for the rest of the S&P 500, per FactSet.Growth tops value — Growth stocks outran value for a fourth straight week, gaining 16% over the stretch vs. 8% for value, narrowing value’s YTD lead.Retail rebound — March retail sales surged 1.7% (fastest in 3+ years), but the jump was largely gaso

Last Week's Recap 1. U.S. Market Summary: Major U.S. indexes jumped sharply on easing Middle East tensions and sliding oil prices V-shaped recovery – S&P 500 finished 4.5% higher, NASDAQ gained 6.8%, and Dow rose 3.2%. NASDAQ marked its 13th consecutive positive session (longest streak since 1992). Small-cap record – Russell 2000 climbed 5.6% to a record high, surpassing its prior peak set nearly two months earlier. Style shift – Growth stocks outpaced value for the third straight week; growth benchmark finished 6.7% higher versus a 2.4% rise for value. Oil sell-off – U.S. crude fell to ~$83/barrel from ~$96 a week earlier and an April 7 peak of ~$113; remains up 40% year-to-date. Yields fall – Treasury yields declined for the fourth week amid easing inflation concerns; 10-year yield f

Last Week's Recap 1. U.S. Market Summary: Rally as Middle East tensions ease and oil plummets 13% Stock surge – Major U.S. indexes jumped 3–5% on easing Middle East tensions and a 13% weekly drop in oil prices. Two-week rebound – Nasdaq gained ~9%, S&P 500 ~7%, and Dow ~6%, erasing March losses. Inflation hot – CPI hit 3.3% YoY, well above the Fed’s 2% target. Oil plunges – Crude fell to ~$96/barrel (down 13% weekly) from a March 9 intraday peak near $119. Gold rallies – Prices rose for a second straight week to ~$4,800/oz, recovering March losses. GDP cut – Q4 growth revised down to 0.5% (from 0.7% in March and 1.4% initially). Sentiment drops – UMich consumer sentiment fell to 47.6 in April (from 53.3 in March). Earnings outlook – Q1 S&P 500 profit growth forecast lowered to 12.6

Last Week's Recap 1. U.S. Market Summary: Stocks Snap 5-Week Slide as Oil Surges to $112 Relief rally: Major U.S. indexes gained 3–4% last week, snapping a five-week losing streak. Resurgent oil: U.S. crude climbed to ~$112/barrel Friday—highest since mid-2022—amid escalating Strait of Hormuz tensions. Golden rebound: $Gold - main 2606(GCmain)$ recovered March losses, rising nearly 4% to trade around $4,700 on last friday. Yields reverse course: Treasury yields slipped after four weeks of gains that pushed 10-year rates to eight-month highs. March decline: $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ fell ~5% in March for back-to-back monthly losses;

Last Week's Recap 1. U.S. Market Summary Indexes Extend Losing Streak, Energy Leads Broad Weakness NASDAQ, Dow corrections: Major indexes fell for a fifth straight week. NASDAQ -3.2%, S&P 500 -2.1%, Dow -0.9%. Style reversal: Growth stocks underperformed value; growth -13% YTD vs value slightly positive. Small beats large: $iShares Russell 2000 ETF(IWM)$ +0.5% weekly, $iShares Russell 1000 ETF(IWB)$ -2.0%. Burst of energy: Energy stocks $Energy Select Sector SPDR Fund(XLE)$ +6% weekly; +13% since Mar 1, +41% YTD, supported by oil & gas price gains. Sentiment slips: U.S. consumer sentiment dropped to 2026 low, reversing recent improvements. Yields rise again

Good morning. Today’s session is best understood not as a routine macro update, but as a multi-asset repricing event. The Federal Reserve decision will anchor global liquidity expectations, while NVIDIA’s post-GTC price action and the RBA’s policy shift add important cross-market signals.The key to navigating today is simple: focus on transmission mechanisms, not headlines.🧭 1. FOMC Decision: “No Hike” Doesn’t Mean “No Risk”At 2:00 PM ET, the Federal Reserve is widely expected (Bloomberg, CME FedWatch) to hold rates at 5.25%–5.50%.However, the market is not trading the decision itself—it is trading the forward path of policy, which will be revealed through the Dot Plot and reinforced by Powell’s guidance.Current pricing implies:~3 rate cuts in 2026 (~75 bps)Neutral rate around 2.5%–2.75%Th