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
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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.
- 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
Earnings Summary and Market Conclusion (as of 2025-11-03):
Last week’s cluster of major tech earnings saw Microsoft, Alphabet (Google), and Meta report after market close on October 29th, followed by Apple and Amazon after close on October 30th. These key reports, central to the MAG7 and AI-driven market narrative, injected significant volatility during after-hours sessions and shaped both the S&P 500 and Nasdaq futures trajectories. Heading into and through these releases, indices futures exhibited notable consolidation, with clearly reduced momentum and volume as traders positioned around high-impact news catalysts. The relative uncertainty led to choppy price action and a “wait-and-see” mode, especially in tech-heavy contracts. With these headlines now digested by the market, attention is shifting quickly to the pending earnings from NVDA and other AI-related leaders, expected to further influence sentiment and volatility. Day-traders should be alert to these evolving patterns, as the recent earnings season’s aftermath and anticipation of forthcoming tech results continue to drive short-term index futures dynamics.
For full details visit: Yahoo Earnings Calendar
EcoNews Radar U.S. Events
EcoNews Summary: High Impact Market Events This Week
- Monday 10:00 – ISM Manufacturing PMI (High Impact): Key manufacturing activity gauge impacts expectations for growth, risk sentiment, and Fed policy.
- Tuesday 10:00 – JOLTS Job Openings (High Impact): Labor market tightness influences Fed rate outlook; large surprises may trigger volatility across indices.
- Wednesday 08:15 – ADP Non-Farm Employment Change (High Impact): Early employment reading that can set tone for broader jobs outlook and pre-positioning for NFP.
- Wednesday 10:00 – ISM Services PMI (High Impact): Services sector health, a dominant portion of the US economy, often drives major intraday moves.
- Thursday 08:30 – Unemployment Claims (High Impact): Weekly labor data affects sentiment on labor strength/weakness and can spark volatility.
- Friday 08:30 – Average Hourly Earnings, Core PCE Price Index, Non-Farm Employment Change, Unemployment Rate (High Impact): Major monthly labor and inflation figures; all releases occur simultaneously, typically resulting in high volatility and strong market moves relative to expectations.
EcoNews Conclusion
- This week is packed with high-impact data points across manufacturing, services, and labor markets – all critical for Fed policy trajectory and index futures price action.
- Friday’s 8:30 AM NFP/labor/inflation data cluster is the major focal point; significant momentum expansion or position squaring is common post-release.
- News events around the 10 AM cycle (Monday ISM, Tuesday JOLTS, Wednesday ISM Services) tend to act as catalysts for intraday reversals or continuations.
- Market momentum and volume may slow in the days leading up to Friday’s Non-Farm Payrolls and inflation data.
For full details visit: Forex Factory EcoNews
Market News Summary
- U.S. stock-index futures are slightly higher to begin November, sustaining gains following a strong October. Nasdaq and S&P 500 futures are buoyed by optimism around U.S.-China trade developments and the ongoing strength in AI-related stocks, with indices extending multi-month rallies. However, investor sentiment—as reflected in the Fear & Greed index—remains cautious despite recent record highs.
- AI and Tech Leaders continue to drive significant inflows and positive momentum, but rising concentration in big tech is renewing comparisons to the dot-com bubble period.
- Earnings Outlook for the S&P 500 remains upbeat, with positive EPS revisions and forecasts for mid-teens annual returns persisting through 2027.
- Insider selling activity has increased as stocks hit record levels, though broad ETF inflows remained strong in classic and commodity-based funds.
- Commodities:
- Oil prices have extended gains after OPEC+ confirmed it would pause output increases for Q1 2026, though a pullback in crude futures followed as weak demand and record U.S. output limit upside.
- Gold faced selling pressure on reports that China ended its tax incentive for gold sales, resulting in a new 7% VAT on domestic gold buyers. Despite this, gold remains range-bound as traders focus on upcoming jobs data and Fed commentary, with technical support holding steady.
- Natural Gas has firmed on tighter supply conditions, fueling bullish sentiment ahead of OPEC decisions.
- Regulatory Change: U.S. financial regulators are considering rescinding mandatory quarterly reporting for public companies, marking a significant shift for market transparency.
- Macro Backdrop: Inflation fears have eased somewhat, with economic data and monetary policy (Fed and ISM releases) in focus for further market direction.
News Conclusion
- Momentum in equity markets remains positive on the back of recurring gains in tech-centric benchmarks, optimism in U.S.-China relations, and improved earnings outlooks.
- Commodity markets show mixed signals: energy prices are volatile amid OPEC+ decisions, while gold reacts strongly to policy shifts in China but finds support ahead of key data releases.
- The market rally is underpinned by robust ETF inflows and seasonality but faces questions over the sustainability of tech dominance and emerging legal or policy risks tied to trade and regulation.
- Monetary policy, corporate reporting changes, and economic indicators are set to influence the near-term trading environment across futures and underlying indices.
Market News Sentiment:
Market News Articles: 22
- Positive: 68.18%
- Neutral: 22.73%
- Negative: 9.09%
Sentiment Summary: Out of 22 market news articles, 68.18% conveyed a positive sentiment, 22.73% were neutral, and 9.09% reflected a negative tone.
Conclusion: The majority of recent market news articles have been positive, with a smaller proportion expressing neutral or negative sentiment.
GLD,Gold Articles: 8
- Positive: 62.50%
- Negative: 25.00%
- Neutral: 12.50%
Sentiment Summary: Recent coverage on GLD and gold shows a majority positive sentiment (62.5%), with a smaller proportion of negative (25%) and neutral (12.5%) articles.
This indicates generally favorable market news sentiment towards GLD and gold, with some negative and neutral perspectives present.
USO,Oil Articles: 9
- Neutral: 55.56%
- Positive: 33.33%
- Negative: 11.11%
Sentiment Summary: The majority of recent articles related to USO and oil signal a neutral sentiment (55.56%), with a sizable portion expressing positive sentiment (33.33%) and a smaller segment reflecting negative sentiment (11.11%).
This indicates prevailing caution in the current market news flow, with a tilt towards balanced or wait-and-see perspectives on USO and oil. Positive sentiment is present but does not dominate the coverage, while negative sentiment appears relatively limited.
Market Data Snapshot
ETF Snapshot of major stock market ETFs, Mag7, and others as of: November 3, 2025 07:16
- 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%
Market Overview: ETF Stocks & Major Names
As of 11/03/2025 07:16, traders are observing a broadly mixed market environment. Below is a summary of key ETFs and major tech equities (“Mag7”), showing clusters of bullish and bearish sentiment that set the tone for near-term dynamics.
ETF Stocks
- SPY (S&P 500): 682.06 Bullish (+0.33%)
- QQQ (Nasdaq 100): 629.07 Bullish (+0.48%)
- IWM (Russell 2000): 246.23 Bullish (+0.56%)
- IJH (Midcap): 64.93 Bullish (+0.62%)
- DIA (Dow Jones): 475.67 Bullish (+0.14%)
Most major index ETFs are posting gains, led by mid-cap and small-cap baskets (IJH and IWM), while large-cap indices (SPY, QQQ, DIA) follow with more moderate positive moves. Bullish sentiment is prevailing across the board.
“Mag7” Mega Cap Techs
- AMZN: 244.22 Bullish (+9.58%)
- TSLA: 456.56 Bullish (+3.74%)
- GOOG: 281.82 Bearish (-0.03%)
- NVDA: 202.49 Bearish (-0.20%)
- AAPL: 270.37 Bearish (-0.38%)
- MSFT: 517.81 Bearish (-1.51%)
- META: 648.35 Bearish (-2.72%)
From the “Mag7,” outperformance is concentrated in AMZN and TSLA, which show solid bullish momentum. Other giants such as GOOG, NVDA, AAPL, MSFT, and META are registering declines, signaling profit-taking or sector rotation.
Other ETFs
- IBIT (Bitcoin ETF): 62.30 Bullish (+3.15%)
- USO (Oil): 72.56 Bullish (+1.19%)
- TLT (Long Treasury Bonds): 90.29 Bearish (-0.30%)
- GLD (Gold): 368.12 Bearish (-0.54%)
Commodity-exposed and alternative asset ETFs such as IBIT and USO are rallying, potentially indicating inflation or risk-on hedging. On the other side, traditional safe havens (TLT, GLD) are weak, as reflected by their negative returns for the session.
Summary
The market snapshot presents a pro-risk undertone with index ETFs and select large techs outperforming, while certain mega cap names and defensive assets see red. Traders may focus on the sector rotation, leadership shifts, and underlying volatility.
Higher Time Frame Analysis
Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2025-11-03: 07:16 CT.
US Indices Futures
- ES Bullish across YSFG/MSFG/WSFG, above all key benchmarks, higher highs/lows, recent pivot high 6953.75, support 6536.44, strong trend continuation, above NTZ/F0% levels.
- NQ Bullish on all timeframes, above all Fib grids, upward MA alignment, new swing highs, clear uptrend pivots, resistance at highs, no reversal/exhaustion signals, above NTZ/F0%.
- YM Bullish all sessions, breaking highs, above NTZ/F0%, uptrend pivots, support at 45,674, resistance breaking, strong trend continuation, higher highs/lows, benchmarks all up.
- EMD Bearish short/intermediate-term, bullish long-term, below WSFG/MSFG NTZ, above YSFG NTZ, support 3140/3117, resistance 3350, in corrective phase, MA up long-term, pullback under way.
- RTY Bearish short-term, bullish intermediate/long-term, below weekly NTZ, above MSFG/YSFG NTZ, resistance 2566.5, support 2371.5, higher highs/lows, consolidation or corrective phase.
- FDAX Bullish all HTF weekly, neutral short/intermediate-term daily, above all session NTZ/F0%, pivots higher-highs, resistance 24408/24891, support 23778, uptrending long-term, consolidation possible.
Overall State
- Short-Term: Mixed (generally Bullish large caps, Bearish/Neutral in mid/small caps and some foreign indices)
- Intermediate-Term: Predominantly Bullish (except EMD and FDAX neutral/weakness noted)
- Long-Term: Bullish (all indices, uptrending structure and above YSFG/benchmarks)
Conclusion
US large-cap futures (ES, NQ, YM) remain in strong higher-timeframe uptrends, confirmed by all session fib grids, upward benchmark moving averages, and swing structure of rising highs/lows. Midcap (EMD) and Russell (RTY) display short-term/intermediate-term bearish or corrective phases, with long-term bullish structure remaining intact above yearly grid and higher moving averages. FDAX exhibits strong long-term uptrend with current near-term consolidation. Recent short-term pullbacks or countertrend signals are present, especially in EMD, RTY, and FDAX, but overall HTF direction maintains bullish structure. No HTF reversal/exhaustion signals observed; supportive levels remain well-defined beneath current price.
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
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