*US 1Q GDP FALLS ANNUALIZED -0.2% Q/Q; EST. -0.3%

*FED SAYS POWELL MET WITH PRESIDENT TRUMP TODAY AT WHITE HOUSE

*POWELL DID NOT DISCUSS MONETARY POLICY EXPECTATIONS WITH TRUMP

*POWELL STRESSED PATH OF POLICY WILL DEPEND ENTIRELY ON INCOMING ECONOMIC INFORMATION

*TRUMP: CHINA VIOLATED ITS AGREEMENT WITH US

*US APRIL CORE PCE PRICE INDEX RISES 2.5% Y/Y; EST. +2.5%
*US APRIL PCE PRICE INDEX RISES 2.1% Y/Y; EST. +2.2%
*US APRIL CORE PCE PRICE INDEX RISES 0.1% M/M; EST. +0.1%
*US APRIL PCE PRICE INDEX RISES 0.1% M/M; EST. +0.1%

#ULTA call in training group

*US PLANS WIDER CHINA TECH SANCTIONS WITH SUBSIDIARY CRACKDOWN

*TRUMP: I'LL SPEAK TO XI, HOPEFULLY XI AND I WILL WORK IT OUT

#NVS $115.75, Buying 50% here and 50% at $103 target $136, $156 and $176 stop loss below $96

#NVS $120 Call Jan'27 at $12.10 stop loss $5.50 (Will update target later)

The Week Ahead: infinityhedge

Mon/2:
*Saylor expected to announce another BTC purchase
*Fed Chair Powell Speaks at 1:00 p.m
*10-Year JGB Auction

Tue/3: Taco Tuesday?
*U.S. ISM Manufacturing PMI

Wed/4:
*U.S. April trade balance
*Circle IPO is expected to be priced

Thu/5: U.S. Initial Jobless Claims

Fri/6: U.S. Nonfarm Payrolls (May): .

Sat/7: China Gold Reserves

TBA/Whole Week:
*Trump to talk with Chinese President Xi Jinping; China has reportedly been slow in approving export licenses for rare earth minerals as US Warns That Using Huawei AI Chip ‘Anywhere’ Breaks Its Rules; then US announced it Planned Wider China Tech Sanctions With Subsidiary Crackdown so China accused the US of violating their recent trade deal and dimming the prospect of an immediate leadership call.
*Ukraine and Russia to Meet for Second Round of Talks as Attacks Escalate
*FTX repayments starting with over $5B in cash and stablecoins to be sent to creditors within this week via BitGo and Kraken.

#GE given in the training group

#ZS given in the training group yesterday

#CRWD given in training group

#VST now $168+. Modifying stop loss below $150

#CEG now $313. Modifying stop loss below $286

US EXTENDS TARIFF PAUSE ON SOME CHINESE GOODS TO AUGUST 31

#CEG up by 15%. Now trading at $356. Cheers....

#VST now up by more than 5%. Now trading at $177. Cheers.....

#PEG given in training group