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.
- 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, the market has digested third-quarter earnings from all five major tech giants: Microsoft, Google, Meta (all reporting after the close on October 29), followed by Apple and Amazon (after the close October 30). This earnings cluster set the tone for large cap indices, with each report influencing after-hours S&P 500 and Nasdaq futures volatility. Expectations and price action were heightened into these releases, driving index-based whipsaws as traders responded to results and outlooks, especially around AI, cloud, and advertising units. Now, with these earnings behind us, overall volume and momentum in index futures may slow as the market transitions into a “wait-and-see” period, particularly with traders eyeing the next high-impact catalysts from NVDA and the extended MAG7 group. Until those headline reports arrive, market liquidity and volatility could continue to thin, leading to more rangebound conditions and sudden moves around any sector news.
For full details visit: Yahoo Earnings Calendar
EcoNews Radar U.S. Events
EcoNews Summary
Wednesday
- 10:00 – USD ISM Services PMI (High Impact): This release will offer insight into the health of the US services sector. Strong data could boost expectations for broader economic strength, supporting index futures, while a weak print could spur concerns of economic deceleration.
- 10:30 – USD Crude Oil Inventories (Low Impact): Oil inventory data is low impact today, so limited effect on index futures is expected unless there is a notable surprise that impacts oil prices significantly.
Friday
- 08:30 – USD Average Hourly Earnings m/m, Non-Farm Employment Change, Unemployment Rate (High Impact): These jobs data releases are pivotal for the market. Significant deviations from forecasts in employment change or wage growth can drive sharp moves in index futures. Surprises may reframe interest rate expectations and economic outlook.
EcoNews Conclusion
- This week’s market focus is on Wednesday’s ISM Services PMI and Friday’s Non-Farm Payrolls, which are expected to drive volatility and dictate short-term trend direction in index futures.
- 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 NFP release as traders await key labor market data.
- Any high oil prices resulting from surprises in crude oil inventories can have a direct impact on the market due to inflation and geopolitical concerns.
For full details visit: Forex Factory EcoNews
Market News Summary
- The S&P 500 continues to be driven higher by strong performance in AI-related stocks, but the resilience of the labor market is also playing a supportive and less-appreciated role in the market rally.
- Oil prices have retreated further on oversupply fears, increases in U.S. crude inventories, a stronger dollar, and a broader risk-off tone in global markets. Natural gas and oil remain under pressure as OPEC output expectations and technical resistance levels weigh.
- Recent stock market gains are showing signs of fatigue, with some indexes and S&P 500/Nasdaq futures slipping due to profit-taking, valuation concerns, and volatility in the tech sector. Questions are being raised about the sustainability of the AI-driven rally as market concentration rises.
- Gold and silver are consolidating ahead of critical U.S. labor reports, with gold stocks attracting renewed interest as a haven asset amid global equity weakness. The dollar is testing resistance, presenting a key driver for metals.
- The start of Q4 saw broad gains across most asset classes, with U.S. stocks advancing over 2% in October. Dividend-paying stocks in the U.S. broke an eight-month losing streak in October, providing a boost to income investors.
- Positive momentum in German factory orders suggests some stabilization after prior weakness tied to trade concerns.
- Equity investors are expressing caution, with some market participants suggesting that valuation worries are elevated, and the potential impact of AI may be limited in the medium term. Several experts point to increased skepticism regarding the endurance of the current bull market.
- Treasury bonds are benefitting from favorable seasonal patterns, although Fed policy remains a source of uncertainty.
- China and international equity ETFs have outperformed U.S. markets year-to-date, but have attracted less attention amid the U.S. tech leadership.
- Certain S&P 500 companies are outpacing the market with high sales growth and rising profit margins, and agriculture remains an area of long-term macro interest.
News Conclusion
- Equity markets remain volatile as investors debate the sustainability and concentration of gains in AI-driven stocks against a landscape featuring persistent valuation anxieties.
- Commodity futures continue to face directional uncertainty, with oil weighed down by bearish supply-demand dynamics and metals consolidating ahead of key economic data releases.
- Haven assets like gold are drawing fresh interest amid risk aversion and market pullbacks, while bonds enjoy seasonal support even as rate cut timelines remain unclear.
- Market breadth highlights pockets of resilience, from dividend recovery to robust international ETF performance and strong fundamentals among select S&P companies, even as headline macro risks persist.
Market News Sentiment:
Market News Articles: 50
- Neutral: 46.00%
- Negative: 34.00%
- Positive: 20.00%
Sentiment Summary: Out of 50 recent market news articles, 46% maintain a neutral tone, 34% are negative, and 20% are positive.
Conclusion: The current market news sentiment is predominantly neutral, with a notable portion of negative sentiment and a smaller share of positive coverage.
GLD,Gold Articles: 13
- Positive: 46.15%
- Negative: 30.77%
- Neutral: 23.08%
Sentiment Summary: Out of 13 recent articles on GLD and gold, 46.15% have a positive sentiment, 30.77% are negative, and 23.08% are neutral.
This indicates a predominantly positive tone in current media coverage, with a significant portion of negative and neutral perspectives also present.
USO,Oil Articles: 8
- Positive: 37.50%
- Negative: 37.50%
- Neutral: 25.00%
Sentiment Summary: Market news sentiment for USO and oil is evenly split, with 37.5% positive and 37.5% negative articles, and 25% neutral coverage.
This suggests a balanced mix of perspectives among recent news sources, indicating no strong prevailing sentiment in either direction.
Market Data Snapshot
ETF Snapshot of major stock market ETFs, Mag7, and others as of: November 5, 2025 07:16
- AAPL 270.04 Bullish 0.37%
- TLT 89.94 Bullish 0.22%
- MSFT 514.33 Bearish -0.52%
- DIA 470.90 Bearish -0.54%
- IJH 64.34 Bearish -0.86%
- USO 71.93 Bearish -1.11%
- SPY 675.24 Bearish -1.19%
- META 627.32 Bearish -1.63%
- IWM 241.20 Bearish -1.73%
- GLD 362.32 Bearish -1.75%
- AMZN 249.32 Bearish -1.84%
- QQQ 619.25 Bearish -2.03%
- GOOG 278.06 Bearish -2.13%
- NVDA 198.69 Bearish -3.96%
- TSLA 444.26 Bearish -5.15%
- IBIT 57.18 Bearish -5.53%
Market Summary: ETF Stocks, Mag7, and Key ETFs (as of 11/05/2025 07:16:00)
ETF Stocks
- SPY: 675.24 (Bearish, -1.19%) – S&P 500 ETF showing broad market pressure.
- QQQ: 619.25 (Bearish, -2.03%) – Nasdaq 100 ETF significantly lower, reflecting tech weakness.
- IWM: 241.20 (Bearish, -1.73%) – Russell 2000 ETF down, underlining risk-off tone in small caps.
- IJH: 64.34 (Bearish, -0.86%) – S&P MidCap 400 ETF also negative.
- DIA: 470.90 (Bearish, -0.54%) – Dow Jones ETF modestly lower.
State of Play: Broad market ETFs are predominantly bearish, with all major indices in the red, and technology-heavy QQQ underperforming.
Mag7 (Mega Cap Tech Stocks)
- AAPL: 270.04 (Bullish, +0.37%) – The only Mag7 name in positive territory.
- MSFT: 514.33 (Bearish, -0.52%)
- GOOG: 278.06 (Bearish, -2.13%)
- AMZN: 249.32 (Bearish, -1.84%)
- META: 627.32 (Bearish, -1.63%)
- NVDA: 198.69 (Bearish, -3.96%)
- TSLA: 444.26 (Bearish, -5.15%)
State of Play: Mag7 stocks are broadly bearish, with Apple (AAPL) notable as the sole outperformer. The group is experiencing outsized declines, particularly in Tesla (TSLA) and Nvidia (NVDA).
Key Thematic and Asset ETFs
- TLT: 89.94 (Bullish, +0.22%) – Long-dated Treasury ETF showing relative strength as risk assets drop.
- GLD: 362.32 (Bearish, -1.75%) – Gold ETF declining in tandem with equities.
- USO: 71.93 (Bearish, -1.11%) – Crude Oil ETF also negative.
- IBIT: 57.18 (Bearish, -5.53%) – Bitcoin ETF down sharply.
State of Play: Mixed action among thematic/alternative ETFs: TLT bucks the risk-off trend with modest gains, while gold, oil, and Bitcoin proxies are all lower.
Summary Table
| Symbol | Price | Trend | Change |
|---|---|---|---|
| AAPL | 270.04 | Bullish | +0.37% |
| TLT | 89.94 | Bullish | +0.22% |
| MSFT | 514.33 | Bearish | -0.52% |
| DIA | 470.90 | Bearish | -0.54% |
| IJH | 64.34 | Bearish | -0.86% |
| USO | 71.93 | Bearish | -1.11% |
| SPY | 675.24 | Bearish | -1.19% |
| META | 627.32 | Bearish | -1.63% |
| IWM | 241.20 | Bearish | -1.73% |
| GLD | 362.32 | Bearish | -1.75% |
| AMZN | 249.32 | Bearish | -1.84% |
| QQQ | 619.25 | Bearish | -2.03% |
| GOOG | 278.06 | Bearish | -2.13% |
| NVDA | 198.69 | Bearish | -3.96% |
| TSLA | 444.26 | Bearish | -5.15% |
| IBIT | 57.18 | Bearish | -5.53% |
Overall Impression
The prevailing market tone is bearish across equities, major ETF proxies, and alternative assets, with isolated safe-haven and mega-cap strength observed in TLT and AAPL, respectively.
No trading advice or recommendations are expressed in this summary.
Higher Time Frame Analysis
Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2025-11-05: 07:16 CT.
US Indices Futures
- ES Short-term bearish below WSFG NTZ, intermediate/long-term bullish with YSFG/MSFG uptrends, swing pivots support at 6748.5, resistance at 6953.75, elevated volatility in corrective upswing.
- NQ Short-term bearish, price below WSFG NTZ, intermediate/long-term bullish with MSFG/YSFG trends up, swing pivots at 25292 (support), 26399 (resistance), volatility/high ATR during retracement in uptrend.
- YM Short-term bearish, below WSFG NTZ, intermediate/long-term bullish according to MSFG/YSFG and moving averages up, swing pivot support at 46986, resistance at 48032, moderate volatility, corrective phase.
- EMD Short/intermediate-term bearish below both WSFG/MSFG NTZ, long-term bullish with YSFG and 100/200 MAs up, resistance at 3308.8, support 3202.2/3183.2, trend of lower highs/lows in consolidation.
- RTY Short/intermediate-term bearish below WSFG NTZ, MSFG neutral, long-term trend bullish (weekly)/neutral (daily), support near 2410–2430, resistance 2566.5/2401.9, elevated volatility, corrective environment.
- FDAX Short/intermediate-term bearish below WSFG/MSFG NTZ, long-term bullish with YSFG and 200 MA up, support at 23419/23285, resistance at 24498/24891, lower highs and momentum slow, consolidation in uptrend.
Overall State
- Short-Term: Bearish
- Intermediate-Term: Bullish to Bearish (mixed; NQ/ES/YM bullish, EMD/RTY/FDAX bearish)
- Long-Term: Bullish (except RTY daily neutral)
Conclusion
US Indices Futures HTF context shows ongoing corrective phases or pullbacks below WSFG/MSFG NTZ across ES, NQ, YM, EMD, RTY, and FDAX. Short-term technicals are broadly bearish with price action below key weekly/monthly fib grids and recent downside signals. Intermediate-term trends remain bullish for ES, NQ, YM and bearish for EMD, RTY, FDAX. Long-term structure is bullish with YSFG and primary moving averages still trending up, apart from a neutral tone in RTY long-term (daily view). Key swing supports are being tested as volatility is elevated and volume robust. Primary market structure remains an uptrend on higher time frames, with present corrective environments and near-term downside or consolidation risk common across indices, while long-term bullish frameworks remain intact.
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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