US GDP growth slowed sharply in Q1, marking the biggest drop since early 2022—and markets are feeling it. Stocks are under pressure ahead of key earnings from Microsoft and Meta after close today, while President Trump marks his 100th day back in office. Thomas Thornton, founder of Hedge Fund Telemetry, joins Maggie Lake to break down what the GDP miss means for markets, how investors should be thinking about Big Tech earnings, what he's focused on right now, and where he sees opportunity in the volatility. For more from Hedge Fund Telemetry, right this way: https://www.hedgefundtelemetry.com/Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Substack: https://maggielake.substack.comConnect with me on Twitter: https://x.com/maggielake*We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.Chapters:00:00 - Introduction with Tom Thornton00:45 - Tom’s Take on Today’s Market Action03:00 - Earnings Season: Key Expectations and Surprises06:10 - Bearish Sentiment in a Market with Upside Potential?11:30 - Should Powell Cut Rates to Appease Political Pressure?13:25 - What Risks Are on Tom’s Radar Right Now?15:30 - Could We See 5% on the 10-Year Yield?16:40 - Using DeMark Indicators to Time the Market21:00 - Market Frustrations from Last Year Still Lingering?23:20 - Gold and Bitcoin: Current Price Action Analysis27:00 - Tom’s Current Positioning and What He’s Bullish On32:00 - The U.S. Dollar: Trends and Implications34:10 - Has "Sell in May and Go Away" Lost Its Edge?35:20 - Leave Tom a Comment!