Nightly $SPY / $SPX Scenarios for April 16, 2025

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๐Ÿ”ฎ ๐Ÿ”ฎ
๐ŸŒ Market-Moving News ๐ŸŒ:

๐Ÿ—ฃ๏ธ Federal Reserve Speeches: Federal Reserve Chair Jerome Powell is scheduled to speak at 1:30 PM ET, providing insights into the economic outlook and potential monetary policy adjustments. Additionally, Cleveland Fed President Loretta Mester will speak at 12:00 PM ET, and Kansas City Fed President Jeffrey Schmid and Dallas Fed President Lorie Logan will speak at 7:00 PM ET.

๐Ÿ“Š Key Data Releases ๐Ÿ“Š
๐Ÿ“… Wednesday, April 16:

๐Ÿ›๏ธ Retail Sales (8:30 AM ET):

Forecast: +1.2%
Previous: +0.2%

Measures the total receipts of retail stores, reflecting consumer spending trends. โ€‹

๐Ÿญ Industrial Production (9:15 AM ET):

Forecast: -0.1%
Previous: +0.7%

Indicates the output of the nation's factories, mines, and utilities. โ€‹

๐Ÿ  Homebuilder Confidence Index (10:00 AM ET):

Forecast: 37
Previous: 39

Assesses the confidence of homebuilders in the market for newly built single-family homes. โ€‹

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.โ€‹
๐Ÿ“Œ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis

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