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WATCH THIS BEFORE FED RATE DECISION TOMORROW

Ricky GutierrezApril 29, 20266m
Topics6
Upcoming Major Events0:00Robinhood Earnings Miss1:01FOMC Rate Decision Preview2:00Magnificent Seven Earnings2:30Market Risk Assessment4:01Trader Shoutout and Focus Areas5:30
In a Nutshell

Tomorrow's FOMC rate decision (98.9% chance of pause and 1.1% cut) at 2 PM ET, followed by Jerome Powell's press conference and earnings from four Magnificent Seven stocks (Alphabet, Meta, Amazon), promises market volatility—go live on YouTube pre-announcement. Robinhood missed earnings badly (EPS -7.3%, revenue -8.6%), trading as a Bitcoin proxy at $74 lows amid worsening 2026 consumer sentiment; SQ trade secured $2,500 profit by playing safe. Markets at elevated NASDAQ levels carry huge downside risk despite AI hype, with poor earnings, rising unemployment/inflation, and slowing labor—stay patient, avoid overleveraging speculative positions like INTC/AMD.

AI-Generated Notes

These notes were generated by AI and may contain inaccuracies.

Tomorrow is one of the biggest days of the year with four Magnificent Seven companies reporting earnings, followed by the FOMC rate decision and press conference.

Trading Update on SQ

Did not continue trading SQ. When NASDAQ sold off and SQ pushed up, chose not to overcomplicate due to irrational markets over the past two weeks seeking reasons to push higher. Trump manipulating market with tweets. Played it safe, took profits, left with $2,500 profit for the day. NASDAQ recovered into close, ended 1% in the red, then pushed up an additional 0.45% including overnight hours.

Robinhood reported earnings and missed significantly. Trading as a proxy for Bitcoin. Guidance terrible, EPS miss by 7.3%, revenue miss by 8.6%. Proves companies trading at insane valuations are correcting. Now at lows of $74, may retest previous lows. If viewed as dip opportunity, free to buy.

Outlook on Robinhood

Looking forward to stock dropping as consumer sentiment continues down for 2026.

Fed rate monitor tool from investing.com shows 98.9% probability Federal Reserve pauses and cuts rates by 1.1.

Schedule

  • Rate decision at 2 PM.
  • Press conference at 2:30 PM with Jerome Powell live. Planning to go live on YouTube 5-10 minutes before rate decision. Drop thumbs up, subscribe, turn on post notifications.

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