Adz5150
05-01 05:30

Rates holding steady was widely expected. The bigger question now is whether the market treats this as a pause that still supports risk assets, or as a reminder that cuts may come slower than many want.

To me, the next move depends less on the hold itself and more on how inflation, labour data, and earnings momentum line up from here.

My read: this is not automatically straight-up bullish. It gives the market room to stay constructive, but it still needs proof.

I would separate short term relief from a durable next leg higher.$SPDR S&P 500 ETF Trust(SPY)$  

S&P 500 Concludes Best Month! Shall We Sell In May?
April's final session: $S&P 500(.SPX)$ closed at all-time highs (+1%), $NASDAQ(.IXIC)$ +0.89%. Full month: S&P 500 +10.4%, Nasdaq +14.8% — the strongest single-month return since the post-COVID rebound in 2020. Based on historical data, if multiple new highs are reached in April, the subsequent market performance is usually relatively strong. Will the bull run continue into may? Do you chase the new high or wait for a pullback? Which sector do you think catches up?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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