September 02 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.

• AVGO Release: 2025-09-04 T:AMC
• CRM Release: 2025-09-03 T:AMC

Earnings Summary & Market Conclusion:

With key earnings scheduled for Salesforce (CRM) on September 3rd and Broadcom (AVGO) on September 4th, both After Market Close, the upcoming sessions are expected to be influenced by heightened anticipation around these major tech and AI-related releases. As these stocks are core components of major indices and tied closely to AI themes—particularly alongside heavyweights like NVDA and other MAG7 names—traders should expect overall index futures volume and momentum to remain subdued in the lead-up to these announcements, as participants await clearer signals on tech sector performance. Notably, the broader market impact will extend beyond just CRM and AVGO, as their results are often seen as read-throughs for the strength of digital transformation, enterprise software, and semiconductor trends. Look for market participants to react sharply following the releases, as investors recalibrate positions and risk based on forward guidance and sector commentary, with the potential for knock-on effects across E-mini S&P 500 and Nasdaq 100 futures contracts. In summary, a period of lower momentum and “wait-and-see” price action is likely heading into these tech earnings, before the news drives renewed volatility and direction.

For full details visit: Yahoo Earnings Calendar

EcoNews Radar U.S. Events

EcoNews Summary

• Tuesday 10:00 – ISM Manufacturing PMI (High Impact): Key gauge for US manufacturing health. A significant deviation from expectations can trigger indices volatility as it provides insight into economic strength and future Fed policy posture. Watch for sharp moves around the 10 AM cycle; reversals or breakouts are possible depending on the data versus consensus.
• Wednesday 10:00 – JOLTS Job Openings (High Impact): Direct insight into labor market demand. Unexpected changes may quickly shift sentiment, directly impacting short-term index movements as traders recalibrate economic expectations.
• Thursday 08:15 – ADP Non-Farm Employment Change (High Impact): Early read on private sector job growth often sets the tone for NFP expectations. Surprises here can move index futures sharply in pre-market action.
• Thursday 08:30 – Unemployment Claims (High Impact): Weekly labor data closely tracked for signs of labor market weakening or resilience. Spikes generally weigh on indices; declines are typically seen as bullish for risk.
• Thursday 10:00 – ISM Services PMI (High Impact): Key data for the services-driven US economy. Large surprises can create directional moves or spark reversals, especially around the 10 AM time cycle.
• Friday 08:30 – Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings (High Impact): NFP days are typically high-volatility sessions. All three data points drive economic sentiment and recalibrate Fed outlook scenarios. Market action is often abrupt at release and into the open, with both follow-through and reversals common.

EcoNews Conclusion

• This week is loaded with top-tier labor and PMI data releases, which historically bring increased volatility to index futures.
• News events clustered around the 10 AM time cycle (Tuesday and Thursday) are likely to act as major intraday catalysts, often leading to reversals or trend continuations.
• Expect potential position-squaring and diminished momentum in the sessions leading up to Friday’s NFP, as traders await direction from this major monthly event.

Market News Summary

• Indices Performance: The Dow and S&P 500 have posted four months of consecutive gains, while the Nasdaq extends its positive streak to five months, marking their strongest runs in a year. However, futures dipped later on Trump policy uncertainty and ahead of jobs data, adding to already volatile September market conditions.
• Monetary Policy & Fed Independence: There is heightened concern among global policymakers about threats to U.S. Federal Reserve independence, with warnings from the ECB that interference could push up borrowing costs and disrupt the global financial system. U.S. Treasury commentary highlights perceived mistakes at the Fed but stresses ongoing independence debates, especially as legal challenges to tariffs continue and rate cut speculation rises.
• Commodities Action: Gold surged to new all-time highs above $3,500 amid hedging against policy risk and geopolitical tensions, before pulling back as yields and the dollar strengthened. Crude oil futures rallied sharply, climbing over 3% on escalating Russia-Ukraine conflict concerns and optimism regarding Federal Reserve easing, while OPEC+ plans to maintain current output in the face of oversupply anxiety.
• Tariffs & Trade: Tariffs remain a focal point for markets, with uncertainty over their inflationary impact and legal status. The Supreme Court is set to review the Trump tariffs, which may spark prolonged legal and policy debate.
• Market Sentiment & Rotation: Despite recent resilience, caution prevails as some analysts warn of a potential major market rotation prompted by sticky inflation and shifting monetary policy. Investors are reportedly seeking safety in gold, cash, and alternative assets like bitcoin and Robinhood amid the evolving landscape.
• Corporate & Sector Updates: Notable moves include Urban Company’s approved IPO in India and company-specific highlights such as Hudbay Minerals’ strong financials and portfolio streamlining by Ecora Resources. Tokenization of real assets (like stocks and bonds) gains traction, and new ETFs like XDTE are attracting attention for high-yield strategies linked to S&P 500 options.
• Global & Geopolitical Developments: Russia-Ukraine-related supply risks and criticism around Indian oil purchases shape energy market narratives, while broader global markets open flat or cautious amidst conflicting signals on tariffs, inflation prospects, and central bank communications.

News Conclusion

• Markets are navigating a mix of continued index strength and increased policy uncertainty, particularly around U.S. Fed independence and trade tariffs.
• Commodities, notably gold and oil, remain in focus as traders hedge geopolitical and macroeconomic risks, influencing market rotation themes and sector performance.
• Ongoing debates over inflation, legal challenges to tariffs, and updates in monetary policy are creating a choppy but resilient environment, with traders closely watching for signals of regime shifts and new opportunities, especially in energy, mining, and high-yield financial products.
• Corporate developments and global geopolitical headlines continue to influence sector-specific moves and asset flows as September trading unfolds.

Market News Sentiment:

Market News Articles: 21

• Neutral: 38.10%
• Negative: 33.33%
• Positive: 28.57%

Sentiment Summary:
Today’s market news sentiment is mixed, with neutral coverage making up the largest share at 38.10% of articles. Negative sentiment articles account for 33.33%, while positive sentiment is lower, representing 28.57% of the coverage.

Conclusion:
The current distribution of news sentiment indicates an environment of uncertainty, reflecting a balance between neutral reporting and a slightly higher proportion of negative coverage compared to positive news in the market.

GLD,Gold Articles: 12

• Positive: 50.00%
• Neutral: 33.33%
• Negative: 16.67%

Sentiment Summary: Out of twelve recent gold-related articles, half present a positive sentiment, approximately one-third are neutral, and a smaller portion exhibit negative sentiment.

Conclusion: Overall, recent news coverage of gold maintains a mostly positive to neutral tone, with fewer articles expressing negative perspectives.

USO,Oil Articles: 8

• Positive: 50.00%
• Neutral: 37.50%
• Negative: 12.50%

Sentiment Summary: Recent news coverage on USO and oil is predominantly positive, accounting for half of the articles. Neutral sentiment follows closely, while negative sentiment is limited.

This indicates that, in the current market environment, the majority of news sentiment regarding USO and oil is either positive or neutral, with comparatively few negative perspectives represented.

Market Data Snapshot

ETF Snapshot of major stock market ETFs, Mag7, and others as of: September 2, 2025 07:16

• GLD 318.07 Bullish 0.96%
• GOOG 213.53 Bullish 0.55%
• DIA 456.09 Bearish -0.15%
• AAPL 232.14 Bearish -0.18%
• IWM 235.17 Bearish -0.44%
• USO 74.84 Bearish -0.53%
• IJH 65.16 Bearish -0.53%
• MSFT 506.69 Bearish -0.58%
• SPY 645.05 Bearish -0.60%
• TLT 86.60 Bearish -0.71%
• AMZN 229.00 Bearish -1.12%
• QQQ 570.40 Bearish -1.16%
• META 738.70 Bearish -1.65%
• NVDA 174.18 Bearish -3.32%
• IBIT 61.44 Bearish -3.37%
• TSLA 333.87 Bearish -3.50%

Higher Time Frame Analysis

Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2025-09-02: 07:16 CT.

US Indices Futures

• ES Consolidation below highs, YSFG up, MSFG/WSFG down, price under NTZs, ST/IT corrective, LT up, support 6107/5982, resistance 6523, recent short signals, corrective in broader uptrend.
• NQ WSFG/MSFG down, YSFG up, price below NTZs, ST/IT bearish, LT bullish, key support 22108, resistance 24088, swing pivots lower, short signals, corrective phase in long-term uptrend.
• YM WSFG down, MSFG neutral, YSFG up, price above annual NTZ, benchmarks up, ST neutral, IT/LT bullish, recent mixed signals, consolidating near highs, support 43829, resistance overhead.
• EMD WSFG/MSFG down, YSFG/benchmarks up, price below W/M NTZs, ST/IT pullback, LT bullish, swing pivots test support 3131, resistance 3297/3501, recent short signals, corrective within uptrend.
• RTY WSFG/MSFG down, YSFG/benchmarks up, price below weekly/monthly NTZs, ST/IT bearish, LT bullish, swing pivots recent high 2349, key support 2146, mixed signals, in correction under broader uptrend.
• FDAX WSFG/MSFG down, YSFG/benchmarks up, price under W/M NTZs, ST/IT bearish, LT bullish, swing pivots high 24748, support 22250, controlled pullback, potential further downside in primary uptrend.

Overall State

• Short-Term: Bearish to Neutral
• Intermediate-Term: Bearish to Neutral
• Long-Term: Bullish

Conclusion

US Indices Futures are in HTF corrective or consolidation phases, with YSFG trends and major moving averages supporting persistent long-term bullish structure. WSFG and MSFG trends are predominantly down across ES, NQ, EMD, RTY, and FDAX, with short-term price action below respective NTZ/F0% levels and confirmed by recent swing pivots and short trade signals. YM demonstrates neutral to consolidative ST behavior while maintaining bullish IT/LT structure. Support and resistance levels are clearly defined, with downside tests or range-bound action possible. The broader context remains structurally bullish on higher timeframes, but the current environment reflects corrective movement, with directional correlations aligning toward near-term weakness amid sustained LT upward bias.

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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