Caution Ahead

Option positioning believes that there is a higher chance to sell off during the coming week.

The week ahead features the eagerly awaited Federal Reserve’s interest rate decision and continuing earnings reports.

Economic Events

• Monday, May 5

  • S&P U.S. Services PMI

  • ISM Non-Manufacturing Index

• Tuesday, May 6

  • International Trade Report

• ⭐️ Wednesday, May 7 ⭐️

  • FOMC Interest Rate Decision

  • Fed Chair Jerome Powell's Press Conference

Currently, odds markets bel…