Today, Friday, features high-impact Nonfarm Payrolls at 8:30 am and Consumer Sentiment at 10:00 am. In 4 days, Tuesday’s CPI at 8:30 am and Wednesday’s PPI are critical for the Fed's rate path. Thursday brings Retail Sales at 8:30 am. Amid hawkish Fed rhetoric, watch SPY and QQQ; a weak NFP could fuel rate cut optimism, while a hot CPI on Tuesday may bolster the USD. Use tight stops around 8:30 am releases.
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Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.