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JOBS REPORT + TRUMP TARIFFS = MARKET MAYHEM ๐Ÿ‘€๐ŸŽฏ๐Ÿ‹

The S&P 500 just wrapped its best May in 35 yearsโ€ฆ but is this bull run about to hit a wall?

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๐Ÿš€ After its best May since 1989, the S&P 500 is staring down a minefield of macro risk.

Hereโ€™s your June 3โ€“7 weekly outlook:

๐Ÿ“Š Market Snapshot:

  • S&P 500: +6% in May

  • Nasdaq: +10%

  • Dow: +4%

๐Ÿงจ Whatโ€™s Moving the Market:
โœ… Trumpโ€™s tariff rollercoasterโ€”pause, un-pause, now tech sanctions?
โœ… May jobs report drops Fridayโ€”watch wage growth + labor force trends
โœ… Tech earnings taper off, but $CRWD, $AVGO, and $LULU still in play
โœ… The โ€œMagnificent Sevenโ€ are dominating earnings againโ€”up 27.7% YoY
โœ… Key levels: S&P faces resistance at 5,950

โš ๏ธ What to Watch:

  • Will weaker jobs data bring Fed rate cuts back into focus?

  • Will China tensions weigh on growth stocks?

  • Will Big Tech continue to float the entire market?

๐Ÿ”ฎ T&G Takeaway:
Caution is king this week. Tighten your stops. Let the data do the talking.

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