📈 Indexes Are Rallying… BUT Caution is Warranted!
- White Oak University
- May 1
- 1 min read
🚨 Market Update – May 1, 2025 🚨
📈 Indexes Are Rallying… BUT Caution is Warranted!
Yes, the markets are pushing higher thanks to strong tech earnings 👇
💻 Microsoft smashed earnings (AI/cloud-driven) 🚀 +9%
📱 Meta delivered solid results too (+16% YoY ad revenue)
🛒 Amazon and 🍏 Apple report later today — all eyes on them! 👀
⚡ Tesla calms rumors — the board fully backs Elon. ✅
💰 Bitcoin pops above $96K, while oil & gold cool off slightly.
📉 U.S. GDP contracts for the first time in 3 years (-0.3%) — Fed rate cut talks heating up. 🔥
🧠 My Take:
Despite the hype, the S&P 500 and other indexes are now rallying straight into a major weekly supply zone 🔥. That means upside momentum may soon hit resistance, and downside pressure could form. 🚨
⚠️ Be cautious with new long positions — this could be a turning point 📉
—
🧭 Stay informed. Stay tactical.
Thank you