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Weekly $SPY / $SPX Scenarios for May 19โ€“23, 2025

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๐Ÿ”ฎ Weekly SPY / SPX Scenarios for May 19โ€“23, 2025 ๐Ÿ”ฎ

๐ŸŒ Market-Moving News ๐ŸŒ
๐Ÿ“‰ Moody's Downgrades U.S. Credit Rating
Moody's has downgraded the U.S. sovereign credit rating from Aaa to Aa1, citing concerns over rising national debt and interest payment ratios. This move aligns Moody's with previous downgrades by Fitch and S&P Global, potentially impacting investor sentiment and increasing market volatility.

๐Ÿ›๏ธ Retail Earnings in Focus
Major U.S. retailers, including Home Depot (HD), Loweโ€™s (LOW), Target (TGT), TJX Companies (TJX), Ross Stores (ROST), and Ralph Lauren (RL), are set to report earnings this week. Investors will be closely monitoring these reports for insights into consumer spending patterns amid ongoing tariff concerns.

๐Ÿ’ฌ Federal Reserve Officials Scheduled to Speak
Several Federal Reserve officials, including Governor Michelle Bowman and New York Fed President John Williams, are scheduled to speak this week. Their remarks will be scrutinized for indications of future monetary policy directions, especially in light of recent economic data and market developments.

๐Ÿ“Š Key Data Releases ๐Ÿ“Š

๐Ÿ“… Monday, May 19:

8:30 AM ET: Federal Reserve Bank of Atlanta President Raphael Bostic speaks.
8:45 AM ET: Federal Reserve Vice Chair Philip Jefferson and New York Fed President John Williams speak.
10:00 AM ET: U.S. Leading Economic Indicators for April.

๐Ÿ“… Tuesday, May 20:

8:30 AM ET: Building Permits and Housing Starts for April.
10:00 AM ET: Federal Reserve Bank of Minneapolis President Neel Kashkari speaks.

๐Ÿ“… Wednesday, May 21:

10:00 AM ET: Existing Home Sales for April.
10:30 AM ET: EIA Crude Oil Inventory Report.

๐Ÿ“… Thursday, May 22:

8:30 AM ET: Initial Jobless Claims.
9:45 AM ET: S&P Global Flash U.S. Manufacturing and Services PMI for May.

๐Ÿ“… Friday, May 23:

10:00 AM ET: New Home Sales for April.

โš ๏ธ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.

๐Ÿ“Œ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis

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