Weekly market calendar: Nov 3-7, 2025
Hey traders,
Here’s what’s on the radar for this week’s market events:
Sell signals.
The warning signs went off on Thursday, as you may have seen in my posts on wallstsavage.com and on my Twitter (X).
Deep bearish flows across the board in the Mag7. We’re of the impression that if $GOOGL didn’t have a strong Q3, we’d already be near 6,700 SPX by now.
But first things first — $QQQ is the most under pressure here given big tech’s massive contribution to total market cap, and $DIA also printed a weaker sell signal. Recently, the Dow has been saving the S&P 500 while the Nasdaq slowly sells, so we’ll see if that plays out again.
We had selling on Thursday and Friday, but I don’t believe it was enough given the size of Thursday’s bear flow.
Let’s have a great week.
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