Trading 360° view: Market SPY Weekly view, holidays, earnings, eco-news, market-news summary, news sentiment, and major ETFs, MAG7, Higher Time Frame Analysis Indices Futures Summary, and QQQ Weekly view.
SPY Weekly View
View weekly charts on: AlphaWebTrader HTF Charts
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.
No monitored earnings reports are pending in the next 7 days.
For full details visit: Yahoo Earnings Calendar
EcoNews Radar U.S. Events
EcoNews Summary
- Thursday 08:30 – USD Final GDP q/q (High Impact): Critical release for economic growth assessment. High sensitivity for index futures; strong/weak print could drive S&P, Nasdaq, and Dow volatility.
- Thursday 08:30 – USD Unemployment Claims (High Impact): Weekly jobless data influences outlook on labor market strength and Fed policy; major deviation from forecast is often a rapid index futures mover.
- Friday 08:30 – USD Core PCE Price Index m/m (High Impact): This is the Fed’s preferred inflation gauge. A surprise here can cause sharp pre-market volatility and set the session’s tone.
- Wednesday 10:30 – USD Crude Oil Inventories (Low/Medium Impact): Notable for potential indirect market impact—large inventory draws or spikes in prices may fuel broader inflationary sentiment, affecting indices related to energy or inflation outlook.
EcoNews Conclusion
- Index futures traders should anticipate elevated movement around 08:30 ET on both Thursday (GDP + Unemployment Claims) and Friday (Core PCE), as these high-impact reports will likely set intraday momentum and direction.
- Crude Oil Inventories Wednesday may have an indirect effect—any sharp price moves could be inflationary and quickly ripple through equity index futures.
- Market momentum and volume may slow in the days leading up to significant data like GDP and PCE, especially if participants are waiting for event clarity.
For full details visit: Forex Factory EcoNews
Market News Summary
- U.S. equity markets saw notable volatility following Federal Reserve Chair Powell’s cautious stance on rate cuts. While some Fed officials signal urgency, Powell indicated gradualism, contributing to uncertainty.
- Valuation concerns resurfaced as both Powell and former Dallas Fed President Fisher highlighted stretched and concentrated market valuations, with Big Tech dominating performance and raising diversification issues.
- Tech stocks underperformed, dragging major indices lower and snapping multi-day winning streaks. This sector pressure came amid elevated levels after substantial year-to-date gains.
- Despite the tech pullback, bullish arguments persist: Wells Fargo forecasts robust S&P 500 EPS growth and continued AI-driven strength, while other analysts point to improving macro foundations and suggest current conditions may only result in a pause, not a broader reversal.
- In commodities, gold surged to new highs above $3,800, fueled by safe-haven demand amid Fed caution, weak U.S. data, and global geopolitical risks. Silver also saw bullish momentum, and both may be impacted by upcoming inflation data releases.
- The oil market rallied on reports of declining U.S. crude inventories and continuing disruptions in Kurdish exports. Support from API inventory draws and supply-side tension contributed to optimism for oil prices.
- The business backdrop remains robust, though S&P Global notes a moderating pace in U.S. business activity. Job market strength is evident as Wall Street banks step up hiring amid increased dealmaking.
- In Europe, stocks looked weaker ahead of the open, tracking U.S. rate outlooks and valuation comments. Meanwhile, China seeks to expand its gold-trading influence with new international initiatives.
- Midcap and small-cap stocks attracted attention for their growth/profitability balance, with some analysts suggesting a potential rotation beyond the tech megacaps.
- ETF flows and sector rotation favored select plays in energy, with traditional oil and gas lagging renewables, and technical levels highlighted for active traders.
News Conclusion
- Market sentiment is mixed following high profile commentary on valuations, sector concentration, and the pace of rate cuts. Tech-led indexes are encountering headwinds, but underlying optimism around AI-driven growth and profitability persists.
- Gold and oil remain key focal points for volatility: gold is benefitting from safe-haven flows and Fed caution, while oil is supported by tightening supply-side fundamentals.
- Broader risk-on trends are being checked by valuation and macroeconomic uncertainties, with attention turning to upcoming inflation and business activity data for near-term direction.
- The market landscape continues to favor selectivity, with pockets of strength in midcaps, small-caps, and energy being contrasted against risks in overextended, concentrated large-cap indices.
Market News Sentiment:
Market News Articles: 38
- Positive: 42.11%
- Neutral: 36.84%
- Negative: 21.05%
Sentiment Summary: Out of 38 market news articles, 42.11% reflect a positive sentiment, 36.84% are neutral, and 21.05% are negative.
Conclusion: Overall, current market news coverage leans slightly positive, with a significant portion of neutral reports and a smaller share of negative sentiment.
GLD,Gold Articles: 12
- Neutral: 66.67%
- Positive: 33.33%
Sentiment Summary: Out of 12 recent articles related to GLD and Gold, 66.67% conveyed a neutral sentiment, while 33.33% reflected a positive tone.
This suggests that the majority of current market commentary is neutral, with a notable portion of articles expressing positive sentiment.
USO,Oil Articles: 6
- Positive: 50.00%
- Neutral: 33.33%
- Negative: 16.67%
Sentiment Summary: Among six recent articles covering USO and oil, sentiment is largely positive (50%), with a significant portion neutral (33.33%) and a smaller share negative (16.67%).
This suggests that recent news coverage has leaned toward favorable developments for USO and oil, though a variety of perspectives remain present.
Market Data Snapshot
ETF Snapshot of major stock market ETFs, Mag7, and others as of: September 24, 2025 07:16
- USO 75.05 Bullish 2.18%
- TLT 89.32 Bullish 0.70%
- GLD 346.46 Bullish 0.41%
- IJH 65.53 Bearish -0.09%
- DIA 462.87 Bearish -0.17%
- GOOG 252.34 Bearish -0.21%
- IWM 243.84 Bearish -0.23%
- IBIT 63.41 Bearish -0.38%
- SPY 663.21 Bearish -0.54%
- AAPL 254.43 Bearish -0.64%
- QQQ 598.20 Bearish -0.66%
- MSFT 509.23 Bearish -1.01%
- META 755.40 Bearish -1.28%
- TSLA 425.85 Bearish -1.93%
- NVDA 178.43 Bearish -2.82%
- AMZN 220.71 Bearish -3.04%
Market State of Play: ETF Stocks, Magnificent 7 & Key ETFs (09/24/2025)
Summary
The latest snapshot reflects a predominantly bearish sentiment across major equity indices, the Magnificent 7 stocks, and broad market ETFs. In contrast, commodity-linked and fixed-income ETFs are showing relative strength, with Bullish trends in energy and precious metals.
ETF Stocks Overview
- SPY (S&P 500 ETF): 663.21, Bears in control (-0.54%)
- QQQ (NASDAQ 100 ETF): 598.20, Bears in control (-0.66%)
- IWM (Russell 2000 ETF): 243.84, Bears in control (-0.23%)
- IJH (S&P MidCap 400 ETF): 65.53, Bears in control (-0.09%)
- DIA (Dow Jones ETF): 462.87, Bears in control (-0.17%)
All major equity-tracking ETFs are negative, indicating a broad risk-off sentiment in U.S. equities, with losses accelerating toward tech and growth-weighted indices.
Magnificent 7 (MAG7) Quick View
- AAPL (Apple): 254.43, Bearish (-0.64%)
- MSFT (Microsoft): 509.23, Bearish (-1.01%)
- GOOG (Alphabet): 252.34, Bearish (-0.21%)
- AMZN (Amazon): 220.71, Bearish (-3.04%)
- META (Meta): 755.40, Bearish (-1.28%)
- NVDA (NVIDIA): 178.43, Bearish (-2.82%)
- TSLA (Tesla): 425.85, Bearish (-1.93%)
All Mag7 components are under pressure. AMZN, NVDA, and TSLA are showing the most pronounced losses with technology leadership particularly weak in today’s session.
Other Key ETFs
- USO (Oil ETF): 75.05, Bullish (+2.18%)
- TLT (20+ Year US Treasury): 89.32, Bullish (+0.70%)
- GLD (Gold ETF): 346.46, Bullish (+0.41%)
- IBIT (Bitcoin ETF): 63.41, Bearish (-0.38%)
Energy (USO), long-duration bonds (TLT), and gold (GLD) are notably positive, suggesting asset rotation into commodities and safe havens. Meanwhile, crypto (IBIT) remains modestly negative.
Overall Trend
Equities: Predominantly bearish across major indices and leading tech names.
Commodities & Treasuries: Oil, gold, and Treasuries are displaying bullish momentum.
Crypto: Bitcoin proxy (IBIT) in decline, tracking broader risk asset weakness.
This summary is informational only. No trading advice or recommendations are provided.
Higher Time Frame Analysis
Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2025-09-24: 07:16 CT.
US Indices Futures
- ES Strong YSFG/MSFG/WSFG bullish alignment, price at new highs, above all MA benchmarks, uptrend pivots, resistance levels breaking, supports well below, clear trend continuation, no reversal/exhaustion.
- NQ YSFG/MSFG/WSFG up, new weekly/daily highs, MA benchmarks strong up, pivots rising, resistance breaking, support below, persistent upside momentum, volatility elevated, no immediate reversal signals observed.
- YM YSFG/MSFG/WSFG firmly bullish, above all MA benchmarks, recent swing highs, resistance surpassed, support below, rallying phase, trend continuation defined, all recent signals long, no reversal evident.
- EMD Intermediate/long-term bullish, short-term neutral, WSFG down, price below weekly NTZ, support at 3143.4/2972.5, resistance 3332.2/3523.1, MA benchmarks up, consolidation phase, volatility heightened.
- RTY All HTF session fib grids up, price above MA benchmarks, ongoing uptrend pivots, resistance above, wide support buffer, confirming strong momentum, trend continuation intact, no exhaustion visible.
- FDAX Short/intermediate-term bearish, trading below WSFG/MSFG centers, swing pivots down, resistance 23,419–24,900, support 19,274 below, long-term YSFG/MAs up, corrective phase within larger uptrend.
Overall State
- Short-Term: Bullish (EMD Neutral, FDAX Bearish)
- Intermediate-Term: Bullish (FDAX Bearish/Neutral)
- Long-Term: Bullish (All Markets)
Conclusion
US Indices Futures (ES, NQ, YM, RTY) remain in clear higher-timeframe uptrends with strong alignment across YSFG, MSFG, WSFG, and benchmark moving averages. Swing pivot and resistance structures support trend continuation, with little near-term overhead supply and sustained momentum. EMD is consolidating after a strong rally, presenting neutral short-term technicals versus bullish HTF context. FDAX is in a corrective phase below weekly/monthly fib grid levels, with short/intermediate-term downtrends, while its long-term structure remains bullish. No major reversal or exhaustion signals are present for the US indices, which maintain directional correlation. FDAX lags, showing potential for further consolidation within an overall bullish structure.
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’
For full details visit: AlphaWebTrader Technicals
Tech Weekly View
View weekly charts on: AlphaWebTrader HTF Charts