Morning Market Notes 09-05-25

Morning Market Notes 09-05-25

Market Calendar

$SPX & $QQQ

We just printed a horrendous NFP miss, and the markets now forecast a more-than-sure rate cut coming up at this month’s FOMC meeting.

For today, unc 2.0 is the play—with a cautionary note that the spread guy is back (6540-35, 6455-50) on a day he really shouldn’t be. Does he even look at the market calendar?

Let's have a sesh.

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