S&P 500 Daily Update for Tuesday September 9, 2025

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Market Update Summary for Monday, September 8, 2025:
Outlook for Tuesday September 9, 2025:
Market Performance: The S&P 500 had a quiet day with a slight advance, closing up 0.21% just below 6,500. Volume was slightly above average, indicating a modest pickup in activity.
Sentiment & Conviction: Sentiment remains neutral with a lack of strong conviction. Despite a positive bias across short, intermediate, and long-term timeframes, the market shows lethargy and no clear conviction.
Key Data This Week: Upcoming inflation data (PPI and CPI) and weekly/continuing job claims will be critical. These could influence market conviction, especially regarding Federal Reserve rate cut expectations.
Rate Cut Context: The market anticipates a 99% chance of a Fed rate cut next week, likely by 0.25%, with another possible in October. Debate persists on whether cuts are to support a slowing economy or due to deeper weaknesses (e.g., weak employment report).
Technical Indicators:
The S&P 500 remains above short, intermediate, and long-term moving averages, with possible support at the weekly pivot (6486).
Inside day observed, reinforcing low conviction.
Some indicators (e.g., CCI, Chaikin Oscillator) show extremes or negative divergences, but others (e.g., Vortex, Parabolic SAR) remain positive.
Economic Indicators:
Interest rates dropped to 4.05%, possibly signaling economic concerns.
The dollar is in a downtrend, supporting stocks.
Consumer credit rose by $16 billion (vs. expected $10.5 billion), raising concerns about reliance on debt.
Sector & Index Performance:
Growth sectors (tech, discretionary, communication) outperformed defensive sectors (utilities, staples).
Small and mid-caps showed strength last week but were flat on Monday.
S&P 500 additions (Robinhood Markets, Applovin) boosted their stocks due to fund/ETF buying.
Seasonality: September is historically weak, but no significant declines have occurred yet. The first half of September tends to be stronger than the second.
Outlook for Tuesday, September 9:
NFIB Small Business Optimism report due, not a major market mover.
The S&P 500 remains positive but lacks short-term conviction. Support at 20-period moving averages, but intermediate-term weaknesses (e.g., bullish percent index) are noted.
Conclusion:
The S&P 500 is positive across all timeframes but shows indecision short-term. Key data releases this week could drive sentiment. Investors should monitor rate cut context and economic indicators closely.

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DISCLAIMER This video is for entertainment purposes only. I am not a financial adviser, and you should do your own research and go through your own thought process before investing in a position. Trading is risky!