📊 Weekly Outlook: September 2-6 📊

Market News & Sentiment 📰

- BCA research warns of AI sector slowdown impacting stock market more than economy 🤖- Labor market weakness expected to continue 💼
- Fed blackout period begins after September 6 🗣️
- Market anticipating 25bps rate cut in September 📉
- Analysts forecast 2 more ECB rate cuts by year-end 📊

Events This Week 📅

- Monday:
🇬🇧 UK Manufacturing PMI 📊

- Tuesday:
🇺🇸 US Manufacturing PMI, Fed GDP Now 📊

- Wednesday:
🇪🇺 EU Composite PMI, Services PMI 📊
🇨🇦 CAD Interest Rate Decision 📈
🇺🇸 US Job Openings, Beige Book 📊
Earnings: Dollar Tree 📊

- Thursday:
🇺🇸 US Jobless Claims, Fed Balance Sheet 📊

- Friday:
🇪🇺 EU GDP 📊
🇺🇸 US Payroll Data, Participation Rate, Unemployment 📊
Earnings: Kroger 📊

Risk Appetite 🤔

- Truflation: 1.55% 🔥
- Market Fear/Greed Index: 63 (neutral) 📊
- Market Breadth: Extreme Greed 🚀
- Put/Call Ratio: Neutral 📊
- Junk Bond vs Investment Grade: Fear 😬
- AAII Sentiment: 2% off 1-year bullish high 📈
- Crypto Fear/Greed Index: 28 (Fear) 😨
- High Yield Bond Premium: 3.15% (slight decrease) ⬇️
- High Yield Effective Yield: 7.8% (slight increase) ⬆️

Market Breadth 📈

- SPX stocks above 200D MA: 62% (increase from last week) 📈
- SPX stocks above 50D MA: 66% (increase from last week) 📈
- SPX stocks above 20D MA: 79% (substantial increase from last week) 🚀
- NASDAQ new highs - new lows: 61 📊
- SPY 52-week highs - 52-week lows: -7 📊
- SPY New highs - New lows: Monthly 114, Weekly 93 📊

Other 📊

- Fed Rate Monitor Tool: 70% probability of 25bps, 30% probability of 50bps 📊