The US added +223k jobs, beating expectations
The U.S. economy added +223,000 new jobs in December, well ahead of the Street consensus forecast of +200,000. The Bureau for Labor Statistics (BLS) data revealed that the private sector added + 220,000.
November's job gain of was revised to +256,00 (vs. prior estimate of +263,000)
The BLS data also suggested that unemployment rate in December fell to 3.5%, the lowest since 1969. The labor force participation rate rose slightly from 62.2% to 62.3%. Average hourly earnings were up +4.6% year-over-year in December, albeit a smaller climb vs. 4.8% seen in November.
On Wednesday, BLS released the Job Openings and Labor Turnover Survey (JOLTS) data that showed strong labor demand with historically high 10.5 million job openings in the US in November, similar to October's figure. The preliminary layoff rate for November was 0.9%, near the historic low.
SPY in downward trend: price dove below 50-day moving average on February 27, 2026
SPY moved below its 50-day moving average on February 27, 2026 date and that indicates a change from an upward trend to a downward trend. In of 36 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 72 cases where SPY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on March 03, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on SPY as a result. In of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for SPY turned negative on March 02, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 55 similar instances when the indicator turned negative. In of the 55 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for SPY crossed bearishly below the 50-day moving average on February 23, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPY advanced for three days, in of 367 cases, the price rose further within the following month. The odds of a continued upward trend are .
SPY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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