The Market Chronicles: Daily review (Wed, 30/04/2025)

  Looks like one more consolidation day with out major increase or decrease in overall market



I will see how the market behaves today and will have my watch list published from today.

Update at 9.25 AM ET. GDP data released around 8AM and many pre-market futures are already down.

🚨 RECESSION RISK SURGES AS GDP CONTRACTS

Kalshi now shows a 74% chance of a U.S. recession this year, spiking after this morning’s surprise GDP print:

🔸 Q1 GDP: -0.3% vs. +0.3% expected
🔸 Core PCE: +3.5%
🔸 Employment Costs: +0.9% (in line)
🔸 Consumer Spending: +1.8% annualized

Markets are reacting sharply — stocks are down and hitting session lows:

🔸 S&P 500 E-minis: -1.08%
🔸 Nasdaq 100 E-minis: -1.43
🔸 Dow E-minis: -0.80%

New pre-market status:


The market recovered considerably after a trade deal with Ukraine and MSFT, META earnings report.

SPY and QQQ 



I believe 100% the bad times are over as we are moving into earnings season. All should be good.

Seen bit of decline(Only 50% stocks are up than 5MA) in NCFD 5MA ticker, Bit of wait and watch for remaining two days.


From Russell family, I clearly see money came to all the groups from last 10 sessions.


From the look of above image, It is more advisable to put money in growth stocks in large and mid caps. Not good idea to put in small growth and value stocks for now.

No positions as of now. My watch lists are as below:

PLTR
HOOD


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