Paper Gains
TACO [LIVE]
6/2/2025, 5:41:48 PM
Economic Summary
- US and EU racing to finalize trade deal before truce expires
- Tariff impact largely priced into equities
- Housing market sales at lowest in years
- Fed Beige Book release ahead of FOMC meeting
- OPEC Plus decides not to increase oil supply
- Upcoming key economic data including NFP and jobless claims
Bullish
- Any pullbacks have been bought since Liberation Day
- Positive sentiment on tariff relief prospects
- Boeing showing strong breakout potential
- Snowflake catalysts and long base formation
- Meta breaking monthly high with upside target
Bearish
- Market feels toppy near upper range
- Tariff headlines may cause short-term market pullbacks
- Summer months could bring choppy, trendless trading
- NVIDIA prone to post-earnings sell-offs
- Tesla chart not supporting bullish trade yet
Bullish tickers
BoeingSnowflakeMetaAmazon
Bearish tickers
NVIDIATeslaDraftKings
People mentioned
GiselleSamJamie DimonJerome PowellDonald TrumpElon MuskJeff BezosCarlAmitVishal