
Senior Market Strategist John Caruso breaks down the latest jobs numbers, including the missing October employment report and the jump in Challenger job cuts, and explains what they signal for unemployment and market volatility. He walks through his TRM grid, momentum indicators, and the recent five percent S&P correction to sixty six hundred, noting how Nvidia helped steady the broader market.
John also shares his outlook on precious metals, highlighting consolidation patterns in gold and silver, supply tightness, and the bullish setup he sees heading into 2026. He closes with an update on crude oil’s continued downtrend and the macro forces shaping energy prices.