Free Trade Idea! Monday, 04/29/2024

New Trade Alerts Plus Trade Insight on SPY, QQQ, JNPR and more!! "FOMC WEEK EDITION" “Will investors see any cuts in 2024?” Happy Monday Traders! The past week witnessed a stark turnaround! Following its worst weekly performance, the stock market showed signs of resilience on Friday, rebounding upwards from recent declines. As we dive into this week, brace yourself for heightened volatility fueled by a flurry of macroeconomic events. Former Vice Chair Roger Ferguson set a hawkish tone for the upcoming FOMC meeting, emphasizing the urgent need for the Fed to tackle inflation head-on. He stressed the importance of adopting a dual-sided risk approach, allowing for the possibility of either rate cuts or hikes depending on incoming data, to rein in inflation and stabilize it at the 2% target. In the first quarter, U.S. GDP growth decelerated to its weakest pace in two years, coinciding with a notable uptick in PCE inflation. This combination has raised apprehensions among investors, fueling concerns about the potential emergence of stagflation. Furthermore, recent months have seen a simultaneous increase in US CPI metrics alongside a downturn in US Consumer Confidence, contributing to the prevailing unease within the market. On the corporate front, expect significant earnings reports from various sectors, featuring ConocoPhillips (COP), Pfizer (PFE), Coca-Cola (KO), McDonald's (MCD), and Starbucks (SBUX). Additionally, Apple (AAPL) and Amazon (AMZN) will conclude the earnings season for the "Magnificent 7." Meanwhile, Tesla (TSLA) continues to make strides in its self-driving technology rollout in China, reportedly striking a deal with Baidu (BIDU) to leverage the local search giant's mapping license for data collection on Chinese roads. Baidu is also expected to provide its advanced lane-level navigation system to Tesla. This development propelled Tesla shares up by approximately 17%, with Baidu's ADRs surging by close to 7%. Don't forget to review our most recent Trade Ideas, encompassing comprehensive analyses of SPY, QQQ, IWM, HST, and JNPR. Additionally, don't miss out on our Weekly Trade alerts customized for upcoming Q1 earnings releases. Delve into in-depth insights available in today's edition of Trade Ideas. [Download Trade Ideas]( [Facebook](  [X](  [YouTube](  [Instagram](   DRAT | Park City Utah, Park City Utah, UT 84098 [Unsubscribe {EMAIL}]( [Our Privacy Policy]( | [Constant Contact Data Notice]( Sent by support@dowstrademus.ccsend.com powered by [Trusted Email from Constant Contact - Try it FREE today.]( [Try email marketing for free today!](