November 02 2025 Sunday Market Radar – SP500 & tech view, News summary, & events for the week ahead

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.

• AAPL Release: 2025-10-30 T:AMC
• AMZN Release: 2025-10-30 T:AMC
• MSFT Release: 2025-10-29 T:AMC
• GOOGL Release: 2025-10-29 T:AMC
• META Release: 2025-10-29 T:AMC

Over the past week, major tech earnings dominated market focus, with Microsoft and Alphabet (Google) reporting after the bell on October 29, followed by Meta. Apple’s and Amazon’s results were released on October 30 after the close. Collectively, these reports provided a comprehensive snapshot of the tech sector’s performance, driving significant index futures volatility, especially in NASDAQ and S&P contracts. In the immediate aftermath, futures markets saw notable moves during extended hours as traders digested mixed signals: while strong cloud and advertising revenue supported some upbeat sentiment, cautious discussions on consumer spending and forward guidance tempered enthusiasm.

With these major tech names having reported, attention now turns to upcoming earnings from NVIDIA and other AI-linked stocks, which remain key for continued momentum in index futures. Historically, broader indices experience subdued volume and narrower ranges in the interim period between major results, as traders position and markets consolidate, waiting for fresh catalysts from the remaining “Magnificent 7” and semiconductor names. As such, day traders should expect potentially reduced liquidity and choppy action in the days prior to these next high-profile earnings events.

For full details visit: Yahoo Earnings Calendar

EcoNews Radar U.S. Events

EcoNews Summary: High-Impact Events for Indices Futures Day Traders

Monday

• 10:00 – ISM Manufacturing PMI (High Impact): Key indicator for manufacturing sector health; surprises often drive significant market moves. Market may see sharp volatility which can set the tone for the week.

Tuesday

• 10:00 – JOLTS Job Openings (High Impact): Closely watched for labor market strength; significant deviations from forecast will influence expectations for employment and future Fed action.

Wednesday

• 08:15 – ADP Non-Farm Employment Change (High Impact): Early read on private employment numbers ahead of Friday’s NFP, often sparks pre-market volatility.
• 10:00 – ISM Services PMI (High Impact): Critical for overall economic sentiment as services dominate the US economy; moves at this time are historically impactful for indices futures.
• 10:30 – Crude Oil Inventories (Low Impact): Influence on indices is limited unless oil prices are at extremes or show anomalous inventory changes.

Thursday

• 08:30 – Unemployment Claims (High Impact): Shifts in jobless claims provide cues on labor market tightness or weakness, influencing market sentiment and risk perception.

Friday

• 08:30 – Average Hourly Earnings m/m (High Impact): Wage inflation component; higher-than-expected numbers can raise rate hike expectations and pressure indices.
• 08:30 – Core PCE Price Index m/m (High Impact): The Fed’s preferred inflation gauge; typically a major market mover if deviating substantially from forecast.
• 08:30 – Non-Farm Employment Change (High Impact): The headline labor market report, often leads to strong directional moves, especially if there’s a notable surprise.
• 08:30 – Unemployment Rate (High Impact): Accompanies NFP, any unexpected move here drives sentiment and volatility.

EcoNews Conclusion

• This week is packed with high-impact data, especially around employment and inflation; expect above-average volatility and sharp directional swings, particularly during the 10:00 AM and 8:30 AM news cycles.
• Wednesday’s and Friday’s employment data, along with Friday’s Core PCE, will be closely monitored for Fed policy clues and are likely to set short-term market direction.
• News events around the 10 AM time cycle often act as a catalyst for reversals or continuations.
• Market momentum and volume may slow in the days leading up to Friday’s Non-Farm Payrolls and Core PCE release.

Market News Summary

• Dividend Stock Strategies: November 2025 features new lists of high-growth and high-yield dividend stocks, both targeting 12%+ compound annual growth via quality and value selections. Despite trailing S&P benchmarks recently, these lists highlight discounted valuations and expanding research universes.
• ETF Focus: The Vanguard S&P 500 ETF (VOO) maintains a lower cost and stronger growth profile versus the iShares Russell 2000 ETF (IWM), both representing different segments of the US market.
• Corporate Earnings: Third-quarter US corporate profits remain robust, especially among large banks and tech firms, even as concerns about the broader economy and labor market persist.
• Economic Concerns: Treasury sources note parts of the economy—most notably housing—may be in, or on the verge of, recession due to persistently high interest rates. Some officials strongly push for faster Fed rate cuts amid recession risks.
• AI and Labor: Job market worries intensify as advances in automation and AI become more visible, raising debate over the speed and scale of workforce disruption.
• Commodities: Gold prices remain firm, buoyed by monetary policy shifts and global uncertainties. Silver’s technical outlook appears bullish. Oil producers (OPEC+) agree on a small December output hike, followed by a Q1 pause, as market participants weigh supply/demand dynamics and Russian sanctions. Oil price formation remains globally complex and competitive.
• Indices Technicals: S&P 500’s recent rally reversed, leading to active debate between bulls and bears over potential market topping signals, but technical consensus remains elusive.
• Market Sentiment: Debate continues over risks of an AI-driven tech bubble, echoing early 2000s patterns.

News Conclusion

• Market breadth reflects a complex picture: corporate profits are healthy and dividend strategies are plentiful, yet economic and sector-specific recession signals are surfacing amid high interest rates and rapid tech change.
• Commodity markets, especially gold and oil, are responding to policy shifts and geopolitical events, with prices exhibiting resilience and active repositioning among producers.
• US equities remain divided between momentum and caution; technical patterns and sector divergences suggest traders are parsing signals for direction, especially as interest rate policy and recession narratives evolve.

Market News Sentiment:

Market News Articles: 7

• Positive: 57.14%
• Neutral: 28.57%
• Negative: 14.29%

GLD,Gold Articles: 2

• Neutral: 50.00%
• Negative: 50.00%

USO,Oil Articles: 4

• Neutral: 100.00%

Market Data Snapshot

ETF Snapshot of major stock market ETFs, Mag7, and others as of: November 2, 2025 06:15

• AMZN 244.22 Bullish 9.58%
• TSLA 456.56 Bullish 3.74%
• IBIT 62.30 Bullish 3.15%
• USO 72.56 Bullish 1.19%
• IJH 64.93 Bullish 0.62%
• IWM 246.23 Bullish 0.56%
• QQQ 629.07 Bullish 0.48%
• SPY 682.06 Bullish 0.33%
• DIA 475.67 Bullish 0.14%
• GOOG 281.82 Bearish -0.03%
• NVDA 202.49 Bearish -0.20%
• TLT 90.29 Bearish -0.30%
• AAPL 270.37 Bearish -0.38%
• GLD 368.12 Bearish -0.54%
• MSFT 517.81 Bearish -1.51%
• META 648.35 Bearish -2.72%

Higher Time Frame Analysis

Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2025-11-02: 18:15 CT.

US Indices Futures

• ES YSFG/MSFG/WSFG uptrend alignment, above NTZ/F0% levels, upward swing pivots, resistance near highs, wide support buffer, all MA benchmarks up, short-term neutral, intermediate/long-term bullish.
• NQ YSFG/MSFG/WSFG uptrend, above NTZ/F0%, upward swing pivots, last pivot high 26090, support at 25605, all MAs trending up, short/intermediate/long-term bullish, no reversal signals on HTF.
• YM Data not available for current analysis.
• EMD YSFG up, MSFG/WSFG down, price above yearly NTZ/F0%, below monthly/weekly NTZ, short/intermediate-term bearish, long-term bullish, swing pivots down, resistance 3325–3352, support 3140/3117.
• RTY Data not available for current analysis.
• FDAX YSFG/MSFG uptrend, WSFG downtrend, above long-term MA/NTZ, price below weekly NTZ, swing pivots mixed, resistance 24891/24408, support 23778/23419, short-term neutral, intermediate/long-term bullish.

Overall State

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

Conclusion

US indices futures show persistent bullish structure on intermediate and long-term timeframes, supported by YSFG and MSFG uptrends and benchmarks rising. Most markets are consolidating or neutral short-term, with ES and NQ maintaining above major support and key resistance near recent highs. EMD reflects a corrective phase against a bullish long-term background, while FDAX is consolidating with support intact and resistance nearby. Short-term neutral conditions align with observed pullbacks and digestion, but the broader technical context remains upward, as confirmed by multi-session fib grids, swing pivots, and moving average alignment.

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