- equities closed out the trading week with a broad-based advance on Friday, October 2, as the S&P 500 climbed 56.27 points (+0.73%) to 7722.82, the Nasdaq Composite surged 319.27 points (+1.19%) to 27211.90, and the Dow Jones Industrial Average added 250.40 points (+0.49%) to finish at 51176.87
- The session's biggest catalyst arrived before the bell: September nonfarm payrolls rose just 29,000 versus a Briefing.com consensus of 100,000, while the unemployment rate ticked up to 4.2%
- The soft labor print reinforced market expectations that the Federal Reserve will hold rates steady at the upcoming October FOMC meeting, sparking an early rally that pushed indices to session highs before a reversal in Treasury yields pared some of the gains into the afternoon
- Bearish breadth beneath a bullish tape.
- What's working: Continuation (2LYNCH) fired 16 signals, D9M fired 13, Darvas Box…
- Stocks are broadly higher at midday on October 2, with the Nasdaq…
- As of 12:05 ET, the Dow Jones Industrial Average sits at 51,097.94…
- Cautious Bearish — but a genuine relief bounce is underway.
- What's working: nothing is firing on the systematic side — Continuation/2LYNCH, Delayed…
- equity futures point to a sharply higher open heading into Friday's pivotal…
- The bid in futures has been fueled primarily by a steep decline…
- equities closed modestly higher on Thursday, October 1, in a session that…
- The S&P 500 gained 14.91 points (+0.19%) to close at 7666.55, while…
- Correction.
- What's working: Continuation (2LYNCH) fired 15 signals, D9M 7, Reversal Bullish 16…
- equities remained under pressure at midday on the first trading day of…
- The Dow Jones Industrial Average was off 156.39 points (-0.31%) to 50,749.57,…
- Correction.
- What's working: scans are bone-dry — zero Continuation/2LYNCH, zero Delayed 9M, and…
- equity futures are pointing sharply higher heading into Thursday's pre-market session, with…
- Alphabet's unveiling of its new Gemini 4 Argon model and another blowout…
