Outlook 07/29: Stock futures rise on the heels of the SP500 and Nasdaq seeking another record despite a market rally failing to materialize. The Federal Reserve is set to offer its decision on interest rates Wednesday following its two-day policy meeting. Central bank policymakers are widely expected to keep their benchmark overnight policy rate steady in a range of 4.25% to 4.5%. This week also marks the busiest week of earnings season, with more than 150 SP500 companies due to report. That includes several “Magnificent Seven” companies, namely Meta Platforms and Microsoft slated for Wednesday as well as Amazon and Apple for Thursday. It’s a big week for data, with the Job Openings and Labor Turnover Survey due Tuesday, the ADP private payrolls report Wednesday and Weekly jobless claims Thursday. Also on Wednesday, the Commerce Department will release its first estimate of gross domestic product growth for the second quarter. July’s nonfarm payrolls due Friday will be a key event for traders.
ESU25 (SEP2025): YVAH 6432 YPOC 6424 YVAL 6415 GAP 6424
/ES Plan: Yesterday market closed bearish, but overnight turns bullish (PBT 6452), still moving a few ticks above previous value, so these're the opening and initial balance options for current session:
