I think this week could be a monumental one in the market.
Just look at what’s on the schedule:
- Today: Consumer Confidence (good news: it jumped the most it has in four years)
- Wednesday Morning: Fed Meeting Minutes
- Wednesday @ 1pm ET: Roundtable — Decision Point 2025
- Wednesday after 4pm ET: NVDA earnings
- Thursday: U.S. Q1 2025 GDP data
- Friday: April PCE inflation data
- Friday: MI Consumer Sentiment data
There’s never been a more perfectly-timed Roundtable, by the way, ahead of both NVDA earnings and the critical Q1 GDP data that we’ll be focused on.
NVDA isn’t the only earnings report this week, either, though it is by far the most consequential:
All that crammed into a four-day week. It feels like the recipe for a massive move in the market.
Add in the fact that Trump is already sending investors on a roller coaster with his talk about tariffs on Europe, and we’re in the middle of a potential powder keg.
The only real question is: when the explosion happens, which way will the markets move?
Right now, as I write this, they’re heading decisively higher. But could that change later this week?
It certainly could if NVDA earnings fail to impress and GDP comes in negative, which projections suggest it will.
With all that in mind, it’s a good week to keep your trade times controlled. Go for short expirations so that you’re not exposed to long-term volatility. Crank up the risk/reward so it’s in your favor.
And make sure you turn out for the Roundtable — it’s the best resource you can use this week.
I’ll see you there. Lots to prepare!
To your prosperity,
Stephen Ground
Editor-in-Chief, ProsperityPub
