
No edge either direction yet — no confirmed breakout or breakdown. Favor names holding above their 50-day, skip the chase. Information Technology vs Utilities rotation sets the tone next week.SCENARIOS FOR NEXT WEEKBull: SPX holds above 7,627 and breaks 7,821 — Information Technology extends, breadth stays broad. Add on confirmed breakout.Base: SPX chops between 7,627 and 7,821 — stay selective, fade extremes, reduce size in chop.Bear: SPX loses 7,627 on volume — Utilities accelerates lower, VIX spikes. Step aside or hedge.MAJOR INDICES — WEEKLY PERFORMANCES&P 500: 7743.41 +1.21%Dow Jones: 51828.62 +0.28%Nasdaq: 27068.72 +2.06%Russell 2000: 2837.55 -0.80%VIX: 14.87 +0.41%KEY TECHNICAL LEVELSS&P 500 Support: 7,627 / 7,511 Resistance: 7,821 / 7,937Nasdaq Support: 26,663 / 26,203 Resistance: 27,394 / 27,827SECTOR ROTATIONLeading: Information Technology (+3.64%) | Communication Services (+2.28%) | Health Care (+1.76%)Lagging: Financials (-1.48%) | Energy (-2.96%) | Utilities (-3.16%)Earnings Calendar (Week Ahead):Week of Sep 28 - Oct 02, 2026: Thu Oct 01: NKE Est: $0.44Looking ahead - week of Oct 05 - Oct 09, 2026: Thu Oct 08: PEP Est: $2.3Latest earnings headlines:Nike (NKE): Wall Street Tests Whether the Turnaround Can Outrun Weak Demand Ahead of Q1 ResultsAtlanticus Holdings (ATLC) Sells Auto Finance Unit. Can it Replace Lost Earnings?Treace Medical (TMCI) Reports Five-Year Bunion Results. Can Evidence Drive Adoption?Pinterest (PINS) Announces Visual Search Ads. Can Shopping Interest Bring More Revenue?How to invest in gold in 7 stepsMACRO CALENDAR — WEEK AHEADFederal Reserve Outlook:Next FOMC Meeting: November 04, 2026 (37 days away)Following Meeting: December 16, 2026What to watch: Fed speakers this week, any rate guidance or economic projectionsCurrent policy stance: Monitor Fed.gov for latest statementInflation Data (CPI):TIPS ETF (TIP) weekly move: -0.69% (inflation expectations proxy)- Philadelphia Fed's Anna Paulson says 'modest' rate moves likely ahead to tame inflation- Pressure from the bond market hits a new level, and US stocks slide on worries about inflationNext CPI Release: Check bls.gov for next release dateEconomic Calendar (Week Ahead):Key economic releases next week:September 28, 2026: ISM Manufacturing PMISeptember 29, 2026: Consumer Confidence (Conference Board)September 29, 2026: JOLTS Job OpeningsSeptember 30, 2026: ADP Employment ReportOctober 01, 2026: Initial Jobless ClaimsOctober 01, 2026: ISM Services PMIOctober 02, 2026: Nonfarm PayrollsOctober 02, 2026: Unemployment RateOctober 02, 2026: University of Michigan Consumer SentimentChina's August retail sales miss forecast while investment slump deepens, piling pressure on BeijingKEY MARKET THEMES AND GEOPOLITICAL WATCHA ‘death cross’ is coming for the dollar. Why Trump will be happy.Anthropic CEO Amodei set to meet with Trump after missing state dinnerAudemars Piguet says its Royal Pop collaboration with Swatch is breaking sales records, despite luxury watch slump and tariffsIran's foreign minister says Tehran ready for 'doomsday' war with U.S., but leaves diplomacy on the tableUpcoming IPO / SPAC Activity:May Mobility's SPAC Merger: Is This a Road to Nowhere for Investors?CRYPTOBitcoin: $84,626.23 +0.29% (weekly)Ethereum: $2,689.09 +0.16% (weekly)TOP MARKET HEADLINES THIS WEEK1. Micron could dethrone Nvidia and become the biggest driver of S&P 500 profit growth2. Look closer, and Wall Street’s rally is showing cracks3. Wall Street money takes back over from small investors as driving force of the stock market4. The 10-year Treasury yield is at its highest in nearly two decades. How we got hereI'll be replying to early comments this weekend.WEEKLY REMINDERSReview your trades from this week before planning next week.Respect your pre-defined risk per trade. No revenge trading.Let levels prove themselves. Wait for confirmation.Size according to volatility, not emotion. via /r/Badboyardie https://ift.tt/W6hvZT9
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