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SCotUS Oral Tariff Arguments and more ?3


Today's bout of market caution is apparently brought to you by Challenger, Gray & Christmas, whose jobs report would typically go virtually unnoticed by the market but is getting more attention given the lack of government numbers which would normally be due tomorrow.  The -153K number indicates accelerating cost cuts in the face of AI, and is consistent with the frozen and weakening labor outlook this service has projected for months.  The latter link also noted October trading being characterized by bear traps, but individual stock coverage from the parent CrowdWisers service has recently noted multiple instances of those being replaced bull traps in stocks like AMSC, which it has long covered and labeled as overvalued.  Furthermore, while Nvidia earnings on the 19th could still revive enthusiasm, downturns like this are increasingly dangerous due to the expanded role of equities in household finances documented here in mid-September.  In closing, two main points published here less than a month ago seem more important than whatever Nvidia has to say:
On 11/6/25 8:56 AM, CrowdWisers Administration wrote:
This link to  oral arguments at the SCotUS yesterday indicates very significant skepticism over Trump's use of IEEPA to justify them.  Slate has the best summary, and although the actual impact wouldn't come until next year, the possibility of refunds could easily throw the market into tailspin.  Furthermore, this would be the first major SCotUS smack down of the expansion of executive powers, but not necessarily the last.  CrowdWisers coverage of individual earnings reports already shows a trend of lower inventories, and the service has been forecast higher market volatility.  The federal shutdown is now the longest ever, and though there are some signs of progress, nothing is certain.