August 07 2025 Trader Market Radar – NYSE Pre-Market Session

SPY Weekly View

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Holiday Radar

No U.S. market holidays pending in the next 7 days.

Earnings Radar

Monitoring for earnings releases by the Magnificent 7, AI-tech-related firms, and major financial institutions.

• MCHP Release: 2025-08-07 T:AMC

Microchip Technology (MCHP) is scheduled to report earnings after the market close on August 7, 2025. In the sessions leading up to this release, indices futures traders should expect potential slowdowns in momentum and trading volume, as participants await not only MCHP’s results but also upcoming high-profile earnings from NVDA, the broader MAG7 group, and related AI technology stocks. This period of anticipation often leads to cautious positioning, with the market sensitive to any new information that could influence sentiment across the tech sector. The release of MCHP’s earnings may serve as an early indicator for the tone and direction of subsequent tech earnings, potentially impacting index futures volatility and direction once the news is out.

For full details visit: Yahoo Earnings Calendar

EcoNews Radar U.S. Events

EcoNews Summary

• Thursday 08:30 – USD Unemployment Claims (High Impact): The weekly Unemployment Claims report is a key labor market indicator. A higher-than-expected figure can signal labor market weakness, potentially increasing recession concerns and prompting risk-off sentiment in equity index futures. Conversely, lower-than-expected claims may reinforce economic resilience, supporting risk appetite and potentially lifting index futures. Given its timing before the cash market open, this release often triggers notable volatility and sets the initial tone for the trading session.

EcoNews Conclusion

• The 08:30 Unemployment Claims release is likely to drive pre-market volatility and shape early session momentum for index futures traders.

Market News Summary

• US Semiconductor Tariffs: President Donald Trump announced a 100% tariff on imported semiconductor chips, targeting dozens of countries. This move triggered a sharp drop in shares of global chipmakers, such as SK Hynix, and prompted U.S. trading partners to seek exemptions. The tariffs are part of a broader escalation in trade tensions, with average effective tariff rates rising significantly. However, companies investing in U.S. manufacturing may be exempted.
• Stock Market Reaction: Despite tariff concerns, S&P 500 futures rose as the new tariffs took effect. Heavily shorted stocks are rallying, and the IPO market shows signs of strength with a falling backlog. U.S. stocks posted a strong rally in July, offsetting declines in international markets.
• Gold and Safe Havens: Gold prices remain strong, supported by safe-haven demand and expectations of Federal Reserve rate cuts. Technical patterns indicate potential for further gains, with XAU/USD holding above key moving averages.
• Energy Sector and Oil: The energy sector lagged, with XLE breaking below key technical levels. Oil prices rebounded on strong U.S. demand, but volatility persists due to inventory draws, tariff risks, and OPEC+ output challenges. Low global diesel supplies and tight oil markets are supporting crude prices despite rising OPEC+ production.
• Global Trade Dynamics: Chinese exports surged in July as firms rushed to beat U.S. tariffs, often rerouting goods through Southeast Asia. Japanese investors sold foreign stocks amid U.S. economic concerns and tariff tensions. Diplomatic efforts for tariff exemptions continue.
• Interest Rate Outlook: Market participants expect U.S. interest rate cuts, with some professionals calling them “inevitable” given current economic conditions.

News Conclusion

• The implementation of sweeping U.S. tariffs is causing significant shifts in global markets, particularly affecting semiconductor and manufacturing sectors. While some companies may mitigate the impact by increasing domestic investment, uncertainty remains for international producers.
• Despite trade tensions, U.S. equities are showing resilience, with certain segments—like heavily shorted stocks and the IPO market—demonstrating notable strength. However, international markets and sectors like energy are under pressure.
• Gold is benefiting from both safe-haven flows and rising expectations of Federal Reserve rate cuts, while oil markets remain tight due to supply constraints and persistent demand.
• Overall, the market environment is characterized by volatility, sector rotation, and ongoing trade policy developments, with technical and macroeconomic factors driving short-term price action across asset classes.

Market News Sentiment:

Market News Articles: 43

• Negative: 44.19%
• Positive: 32.56%
• Neutral: 23.26%

GLD,Gold Articles: 13

• Neutral: 53.85%
• Positive: 38.46%
• Negative: 7.69%

USO,Oil Articles: 10

• Negative: 50.00%
• Neutral: 30.00%
• Positive: 20.00%

Market Data Snapshot

ETF Snapshot of major stock market ETFs, Mag7, and others as of: August 7, 2025 07:16

• AAPL 213.25 Bullish 5.09%
• AMZN 222.31 Bullish 4.00%
• TSLA 319.91 Bullish 3.62%
• IBIT 65.51 Bullish 1.49%
• QQQ 567.32 Bullish 1.26%
• META 771.99 Bullish 1.12%
• GOOG 196.92 Bullish 0.82%
• SPY 632.78 Bullish 0.77%
• NVDA 179.42 Bullish 0.65%
• DIA 441.97 Bullish 0.19%
• IWM 220.56 Bearish -0.13%
• GLD 310.50 Bearish -0.21%
• IJH 62.66 Bearish -0.32%
• MSFT 524.94 Bearish -0.53%
• TLT 87.82 Bearish -0.58%
• USO 73.79 Bearish -1.64%

Higher Time Frame Analysis

Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2025-08-07: 07:16 CT.

US Indices Futures

• ES Bullish across YSFG, MSFG, WSFG; above all benchmarks, swing pivots uptrend, support well below, resistance at 6468.5.
• NQ Bullish on all fib grids; price above NTZ/F0%, uptrend in swing pivots, all moving averages up, last swing high at 23,658.50.
• YM Weekly bullish all grids, benchmarks up, above NTZ, swing pivots up; daily neutral short-term, bearish intermediate-term, resistance at 44428, support at 43464.
• EMD Weekly bullish WSFG/MSFG, above NTZ, swings up, resistance 3501.9, long-term neutral as YSFG trend still down; daily bullish short-term, neutral intermediate/long-term.
• RTY Weekly bullish WSFG, neutral intermediate-term, bearish long-term (YSFG down); bounces above NTZ, resistance 2263.8–2537.1; daily bullish short/intermediate-term, neutral long-term, support at 2195.2.
• FDAX Weekly bullish on all grids, above NTZ, moving averages trend up, recent pivot high 24,361, multiple support levels below; daily bullish short/long-term, neutral intermediate-term, resistance near 24,748.

Overall State

• Short-Term: Bullish
• Intermediate-Term: Bullish
• Long-Term: Bullish (ES/NQ/YM-A/FDAX), Mixed/Neutral (EMD/RTY)

Conclusion

US Indices Futures remain in higher timeframe uptrends, with ES, NQ, YM weekly, and FDAX all above YSFG, MSFG, WSFG, and key MA benchmarks. Swing pivots and support/resistance levels confirm trend continuation and robust uptrends, though EMD and RTY indicate long-term neutrality or bearishness with ongoing recovery and overhead resistance. Short- and intermediate-term technicals broadly confirm a continuation phase, while select indices display consolidations or corrective phases on lower timeframes. Pivots and session Fib Grids show structural support for further upside unless key levels are breached.

Note: Intra-day counter-trend pullbacks or retracements may occur, HTF is context for informational usage and market structure. Glossary: Session Fib Grids periods of YSFG:’Yearly’, MSFG:’Monthly’, WSFG:’Weekly’

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Tech Weekly View

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