A triple shock next Wednesday: elections + nonfarm payrolls + tech earnings—will markets turn upside down?
#币安将恢复第一阶段提现
Next week, markets will focus on the intersection of U.S. politics and economic data, with volatility potentially rising significantly.
· November 2: Apple Q4 earnings; ISM Manufacturing PMI.
· November 3: U.S. midterm elections; AMD Q3 earnings; JOLTS job openings report.
· November 4: ISM Services PMI.
· November 5: Initial and continuing jobless claims, offering a gauge of labor market tightness.
· November 6: October nonfarm payrolls, with attention on whether employment cools further and the implications for the path of rate cuts in December.
If the election results in a divided government, it could support risk assets in the short term. Weak payrolls would favor tech growth stocks, while strong payrolls would reinforce expectations of higher interest rates. Apple and AMD earnings will be a test of the AI narrative. CPI will be released on November 10.
Trading suggestions
· $BTC : Watch support at 76,000. If it breaks, consider staying on the sidelines with a small position or reducing exposure in stages; trim long positions on a rebound near 81,000.
· For U.S. stocks, keep positions under control. Wait for tech earnings to come out before deciding on direction, and first watch whether Apple can hold above 340.
· Oil is around $103 at $CL . If payrolls are weak and there is no new geopolitical upside, watch support near $100. Resistance around $105 is significant, so focus on selling into rallies and buying dips in the short term.
#币安将恢复第一阶段提现
Next week, markets will focus on the intersection of U.S. politics and economic data, with volatility potentially rising significantly.
· November 2: Apple Q4 earnings; ISM Manufacturing PMI.
· November 3: U.S. midterm elections; AMD Q3 earnings; JOLTS job openings report.
· November 4: ISM Services PMI.
· November 5: Initial and continuing jobless claims, offering a gauge of labor market tightness.
· November 6: October nonfarm payrolls, with attention on whether employment cools further and the implications for the path of rate cuts in December.
If the election results in a divided government, it could support risk assets in the short term. Weak payrolls would favor tech growth stocks, while strong payrolls would reinforce expectations of higher interest rates. Apple and AMD earnings will be a test of the AI narrative. CPI will be released on November 10.
Trading suggestions
· $BTC : Watch support at 76,000. If it breaks, consider staying on the sidelines with a small position or reducing exposure in stages; trim long positions on a rebound near 81,000.
· For U.S. stocks, keep positions under control. Wait for tech earnings to come out before deciding on direction, and first watch whether Apple can hold above 340.
· Oil is around $103 at $CL . If payrolls are weak and there is no new geopolitical upside, watch support near $100. Resistance around $105 is significant, so focus on selling into rallies and buying dips in the short term.