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Wednesday, April 29, 2026 · PILOT №001

Fed day, Mag-7 night, oil at $116.

Fed day. The committee meets at 1400 EST and the smart money has them holding — fifth straight meeting above the 2% target, wartime oil shock, labor still resilient, no room to cut. After the closing bell, four of the seven biggest names in the market report at once: Alphabet, Amazon, Meta, Microsoft. Brent crude sits at $116. The pump national average hit $4.18, the highest since August 2022. The Strait of Hormuz remains closed. This is a Wednesday that prices itself in by Friday’s open — pay attention to what Powell says, not just what he does.

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