US Adds +312,000 Jobs, Beating Expectations; Wages Tick Higher
The U.S. added +312,000 jobs in December, exceeding expectations of +184,000 – according to the latest Bureau of Labor Statistics non-farm payroll data released Friday. Job gains occurred in health care, food services and drinking places, construction, manufacturing, and retail trade. The unemployment rate, however, spiked a bit to 3.9% for the month, compared to November’s record low 3.7%.
Average hourly earnings rose by +0.4% over last month – edging past expectation of +0.3%. On a year-over-year basis, wages increased by +3.2%, which is higher than estimates of +3%.
The figures seems to suggest that the U.S. labor market continues to show strength amidst potential headwinds like trade uncertainties alongwith concerns related to monetary tightening and stock market correction/volatility.
SPY in upward trend: price expected to rise as it breaks its lower Bollinger Band on March 06, 2026
SPY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 34 cases where SPY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
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 367 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 71 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 54 similar instances when the indicator turned negative. In of the 54 cases the stock turned lower in the days that followed. This puts the odds of success at .
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.
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 .
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