Market Guide for Next Week

Happy Friday! Here's Your Weekly Recap and a Look Ahead

We wrapped up the week a little lower than last Friday, with a key resistance level forming yesterday—something to keep an eye on heading into next week.

What’s on the horizon?

We’re about to hit a busy stretch: CPI and PPI reports are dropping soon, and they could have some real implications for rate expectations, especially with tariff talk heating up again. Chicago Fed President Austan Goolsbee chimed in today, saying the Fed’s eye is on inflation before making any rate moves.

Right now, Fed fund futures are pricing in a 93.3% chance of no rate change at the July 30 meeting. Historically, those odds tend to skew a little optimistic—so if they’re saying 6.7% chance of a cut, it's probably closer to zero.

Also—heads up—earnings season is officially kicking off tomorrow. While the big wave hits in the next two weeks, it's time to get your game plan ready. If you haven’t joined our live training on trading earnings, tomorrow is the final encore. Check your inbox or head over to markettaker.com/REG to register.

Have a great weekend, enjoy some downtime, and I'll catch you Monday.

#inflationwatch #fedrates #earningsseason #markettaker

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