1. Weak Jobs Report Sparks Rate-Cut Optimism
U.S. markets reacted to a soft August jobs report—just 22,000 jobs added—boosting hopes for a 50 bps Fed rate cut. The S&P and Nasdaq briefly hit record intraday highs before sliding lower.
Barron'sReutersAP News
2. Record Highs Amid Market Volatility
Despite the job data, investors still pushed indices to fresh highs earlier in the week, supported by strength in AI chipmaker Broadcom, which surged over 10%.
Reuters
3. Robinhood Joins the S&P 500
Robinhood, AppLovin, and Emcor are set to be added to the S&P 500 on September 22—pushing Robinhood stock up ~7%.
ReutersBarron'sMarketWatch
4. Market Sentiment Tested by Economic Data
Friday saw narrower gains intraweek but overall resiliency—small caps outperformed as bonds rallied on inflation fears.
AP NewsReutersBarron'sABC News
5. Tariffs Still a Shadow Over Profits
Strong Q2 S&P 500 margins have masked tariff-related inflation—but analysts warn the effect may surface later.
MarketWatch
🧠 Trader Psychology & Improvement Tips
6. Avoid Overtrading Post-Highs
After record levels, restraint matters. Let setups—not emotions—drive your trades.
👉 Read more on overtrading pitfalls
7. Embrace Economic Context
When extreme data like jobs shocks hit, pivot to macro alignment—not price panic.
👉 Why context matters in trading
8. Journal Reaction to Key Data Prints
Capturing your emotional response during Fed or jobs news helps build long-term discipline.
👉 Trading journal guide
9. Play Breakouts with Caution
Even amid surging momentum, not all breakouts are sustainable. Confirm setup alignment before entry.
👉 Breakout trading psychology
10. Watch Sector Rotation
As AI shares rally and Robinhood gains attention, diversify by capturing cross-sector strength—not just tech.
👉 Sector rotation strategies
👉 Want to trade these setups live with me? Join the 60-Day Bootcamp.
About the Author
Kunal Desai is the founder of Bulls on Wall Street, trading full-time since 1999. He’s taught thousands of students how to master day and swing trading through live mentorship and his renowned 60-Day Bootcamp.
