Goldman: Coming into earnings this week, put-call skew in the Mag7 complex inverted for the first time since December of last year (i.e. implied volatility of callstraded over puts). This phenomenon has only happened a handful of times. The move implies investors are

The S&P 500 just completed one of its best runs during the seasonally weak "sell in May" period in history. This was the 4th time since 1950 $SPX rose each month May-Oct. What has it meant for the rest of the year? Median gain of 6.5% vs 3.6% for all years. Ned Davis Research 1/2

Yardeni: The S&P 500 may be due for a pullback now that it is 13% above its 200-day moving average (chart).

Here comes the BOOM💥💥 $SPX +22.8% gain May-Oct is the best since 1942. When SPX has gained >10% May-Oct, in Nov-Dec it has risen 12/12 times by a median of +6.3%. Strength during seasonally weak periods has been followed by more gains during seasonally favorable periods.

The percentage of S&P 500 stocks at 52-week lows is the most since April. It’s odd this is the case as the major indices are right near all-time highs.

Weekly Market Update 11/02/2025: conta.cc/3WApyXm

S&P 500 ended month of October above 50-DMA for 128 days. Now the 5th longest stretch in history of the index (1957). Every other streak above 120 consecutive days, $SPX was higher 1 and 2 months forward, 100% of the time. $ES_F $SPY $NYA $QQQ $SOXX $NVDA $AAPL $AMZN h/t

Goldman Sachs: Lowest level realized stock correlation since 2017. What followed was -13% Q1 2018 correction Such levels of realized stock correlation and low dispersion have been precursors, a condition of future pullbacks/corrections Not causal, conditional. $SPX $ES_F

The S&P 500 was down more than 15% YTD in April, but will likely close up double digits. 2025 will join 1982, 2009, and 2020 as the only other years to do this. Turns out, slingshots are quite powerful, as the next year has been up double digits every single time. 🐂🎯

“The Nasdaq has only hit a new all-time high with declining issues outnumbering advances by more than 2 to 1 twice in its 54-year history. The only other time this occurred was on November 18, 2021 – one day before the Index peaked.  The bear market that followed saw the Nasdaq

$SPX is still bullish above 6750, but the rally’s showing fatigue. Several internal indicators remain on sell signals, while $VIX indicators are still bullish. A $VIX close above 19.50, or $SPX breaking 6750, would turn things negative. youtu.be/cCnOHAxlcV8?si…

Midterm years bring bears 🐻 out of hibernation, due to recency bias of 2018 $SPX (-6%) and 2022 (-20%) performances. I’ll remind you, however, both those Midterm years Fed was hiking rates. Assuming Fed doesn’t hike 2006, 2010, and 2014 all gained 13%+ Pray 🙏 for hikes

$SPX has been above its 50 DMA for 129 trading days. If it holds above the 50 DMA for 2 more days it will surpass the 2010-2011 streak and become the longest streak since 2006-2007. Given the internal weakness(most stocks were down today) the streak is likely to end in November.

October’s 2.3% gain extends S&P 500 monthly winning streak to 6 in a row. 68.2% of past 6-month winning streaks lasted to 7 or more months. jeffhirsch.tumblr.com/post/799234296…

$SPX -“Island Behavior” Will we leave the island?

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Fed Governor Lisa Cook, in first policy speech since Trump suit, says she's undecided on Dec. rate cut cnb.cx/47AZyjx

October Seasonal Buy Signal - 2025 open.substack.com/pub/optionstra…

A 3rd Hindenburg Omen triggered today, after 2 were triggered last week. We're starting to see a cluster of signals... 🚨

S&P 500 has notched 36 new all-time closing highs in 2025 — well above the long-term average of 19. Historically, years like this average +20.7%. The catch? The next year tends to cool to +6.2%. jeffhirsch.tumblr.com/post/799416266…