Critical Week on Wall Street: Fed, Nvidia Earnings, and Anthropic IPO

NVDA is trading below its 20-day and 50-day SMAs, with an RSI of 37 confirming weak momentum; the MACD is in negative territory but close to its signal line, indicating that selling pressure is not excessive. The news headline does not offer a direct catalyst; while the Fed decision and Nvidia's earnings create uncertainty, the direction of the results will be decisive. A typical cautious wait-and-see atmosphere prevails ahead of the earnings, which increases the likelihood of sideways-to-limited movement in the short term. Over a 1-3 day perspective, a clear directional signal is weak; volatility is expected depending on the news flow. Therefore, a neutral stance is more realistic.

The news headline is not directly specific to GOOGL; it points to macro and sectoral uncertainties such as the Fed decision, Nvidia earnings, and the Anthropic IPO. GOOGL's price has risen 2.97% in 24 hours and is trading just below the SMA20 (296.33) and above the SMA50 (291.02); RSI at 54 is in neutral territory. MACD is below the signal line (1.36 vs 1.93) and momentum is weak, indicating that the uptrend is not confirmed. The Anthropic IPO may be perceived as slightly negative for GOOGL in terms of AI competition, but the Fed and Nvidia effects are more dominant. In the short term, I expect a sideways-tight range; a close above 296 would support the upside.

The SPX closed at 7560, edging up 0.72% for the day in a mildly positive session. RSI at 49 places it in neutral territory, MACD remains below its signal line in negative territory, and price sits below the SMA20 (7592) but above the SMA50 (7530); this picture points to near-term directional uncertainty. The news flow includes high-impact events such as the Fed decision, Nvidia's earnings and the Anthropic IPO; such catalysts typically raise volatility and leave direction to the outcomes. Because surprises from the Fed and Nvidia could move the index sharply in either direction, a clear directional call over a 1-3 day horizon is difficult. A cautious neutral stance therefore appears appropriate.

The news flow brings together high-impact events such as the Fed decision, Nvidia's earnings and the Anthropic IPO, making directional forecasts difficult during such periods of uncertainty. The technical picture is mixed: the price is below the SMA20 but above the SMA50, the RSI at 47 sits in neutral territory, and the MACD is negative below its signal line. Although a 1.1% gain over 24 hours signals a short-term recovery, momentum remains weak. Until the Fed and Nvidia news are clarified, the index is expected to trade sideways in a tight range and avoid a sharp directional breakout. For this reason, the near-term bias is neutral, with elevated event-driven volatility risk.