$SPY & $SPX Scenarios — Tuesday, Nov 25, 2025

🔮 SPY & SPX Scenarios — Tuesday, Nov 25, 2025 🔮

🌍 Market-Moving Headlines
🧾 Backlog data hits at once: Delayed Sept Retail Sales + PPI finally print, giving a clearer view of demand and pipeline inflation.
📉 Cooler demand, firm prices: Sales miss old expectations while PPI stays positive, not the clean disinflation combo bulls want.
🏠 Housing and confidence: Case Shiller, Confidence, and Pending Home Sales update how higher rates are hitting owners and buyers into holiday season.

📊 Key Data & Events (ET)

⏰ 8 30 AM block — Sept backlog
• Retail Sales (delayed): 0.3 percent vs 0.6 old forecast
• Retail Sales ex Auto: 0.3 percent vs 0.7
• PPI (delayed): 0.3 percent | YoY 2.6 percent
• Core PPI: 0.3 percent | YoY 2.8 percent

⏰ 9 00 AM
• Case Shiller 20 City Home Prices (Sept): 1.3 percent vs 1.6

⏰ 10 00 AM
• Business Inventories (Aug, delayed): 0.0 percent vs 0.2
• Consumer Confidence (Nov): 93.2 vs 94.6
• Pending Home Sales (Oct): 0.0 percent

⚠️ Disclaimer: Educational and informational only — not financial advice.

📌 #SPY #SPX #trading #stocks #macro #PPI #retailsales #consumer #housing #inflation #markets #investing