Sunday, October 5, 2025 11:47 PM EDT
No NFPs Friday through shutdown, S&P 500 was driven by ISM data instead. Surge to new daily highs wasn‘t confirmed by Nasdaq doing the same, and this was resolved with selling almost till the closing bell.
Does it mean an important (local, perhaps more than local) top was reached Friday? I point your attention to the balance of economic data – ranging from recession to stagflation fears with heavy calling for Fed rate cuts … Midterms are coming and if you want the economy better than it is now a year down the road, then …

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Disclaimer: All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.
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