To The Moon

Markets Keep Climbing: Longest S&P 500 Streak in Two Decades

• The $S&P 500(.SPX)$ gained 1.5% Friday, marking its ninth straight day in the green. The longest win streak since 2004.

• Over that stretch, the index is up 10.2%, fully recovering losses from April’s volatility.

• The rally was broad-based, with 456 of 500 stocks in positive territory and every sector higher on the day.

Jobs Data Delivers – Rate Cut Odds Fall, But Risk Appetite Rises

Job Data

• April nonfarm payrolls came in at +177,000, topping expectations of +135,000.

• Unemployment rate held at 4.2%, reinforcing views of a still-resilient labor market.

• This strength reduced expectations for immediate Fed cuts, though President Trump renewed pressure for easing, claiming “NO INFLATION.”

Trade: China Hints at Deal – Apple Stumbles, Microsoft Rises

• China’s government stated its “door is wide open” to trade talks, hinting at renewed diplomacy following Apple’s earnings warning on Chinese demand.

• $Apple(AAPL)$ shares fell 3.7% after disclosing a 2.3% year-over-year drop in Greater China sales.

• As a result, $Microsoft(MSFT)$ surpassed Apple as the world’s most valuable company, with a $3.24T market cap.

  Microsoft’s Azure cloud acceleration boosted confidence in long-term tech growth.

Looking Ahead: Fed, Earnings, and Energy Watch

• FOMC Meeting (Tues–Weds): The Fed is expected to hold rates steady. Chair Jerome Powell’s press conference will be critical for market expectations, especially after solid jobs data.

• Calendar Week:

Earnings

Monday: $Palantir Technologies Inc.(PLTR)$ , Vertex Pharmaceuticals

Wednesday: $Advanced Micro Devices(AMD)$ , Arista Networks, EA, Uber, Disney

Thursday: ConocoPhillips, Monster Beverage, Match Group

Economic Data:

Monday: ISM Services PMI

Thursday: NY Fed Consumer Expectations Survey

• Oil Market: OPEC+ is considering another ~400k bpd production hike for June after a surprise increase in May. A decision is expected Saturday, just ahead of President Trump’s planned Middle East visit.

Energy Diplomacy Could Ease Inflation: OPEC+ hikes, if confirmed, may support both supply and political stability.

If you find this post interesting, give it wings! ️ Repost and share the insights. Do consider “Follow me” and get firsthand read of my daily new post. Thank you. 

@TigerStars @Tiger_SG @TigerCommunity @Tiger_comments @Daily_Discussion @TigerEvents

This summary is for informational purposes only and does not constitute financial advice. Investors should conduct their own research before making investment decisions.