US adds 266,000 new jobs, surpasses expectations
The U.S. economy added more jobs last month than expected, and the unemployment rate touched a record low.
According to data from the U.S. Bureau of Labor Statistics, 266,000 new positions were added to the economy in November, which well exceeded economists' forecasts of 180,000.
The unemployment rate fell to 3.5%, the lowest since 1969.
Average hourly earnings rose +0.2% on a monthly basis, in line with analysts’ expectations. The year-over-year wage growth rate came in at + 3.1%, above analysts’ forecasts of +3%.
The latest jobs reports potentially spells hope amid uncertainties related to US-China trade relations, slowing business fixed investment and weakening manufacturing output of recent times.
Manufacturing sector added 54,000 positions in November, out of which 41,000 were in auto manufacturing. General Motors workers, who came back from their October strike, helped in boosting job gains.
U.S. job gain figure for October was revised upwards to 193,000 from 180,000. For September, the data was revised to 156,000 from 128,000.
SPY sees its Stochastic Oscillator ascends from oversold territory
On June 12, 2026, the Stochastic Oscillator for SPY moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 41 instances where the indicator left the oversold zone. In of the 41 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
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 368 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.
The Aroon Indicator entered an Uptrend today. In of 436 cases where SPY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for SPY moved out of overbought territory on June 03, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 45 similar instances where the indicator moved out of overbought territory. In of the 45 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on June 05, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on SPY as a result. In of 73 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 May 18, 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 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 .
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