US Calendar:
U.S. ISM services index rose to 50.9 in Sep, above median 50 vs 48.4 Aug

Bond Market:
U.S. 10-year TIPS sale awarded at 1.51%, firm cover 3.12, indirect bid 44%
Treasury yields rebounded after firm TIPS, options trade faded Friday rally

Stock Market:

...SPX 500 is extending its rebound today after a successful defense of the 31 August Close *1020 and the 50 MA *1016; the index penetrated the initial up target *1041 intraday, but finished on the weak side *1040

...its successful defense indicates that *1016 remains a short term floor, but the continuous weak finish in the major US indexes also indicates and strenghtens the double top view in the *1080/*1092/*1119 target range; only an unexpected Close below SPX 500 *1016 would negate this scenario and would confirm, that the expected 20% (+) sell-off during Q4 is already well on its way

Trading Strategy: sideline (safest);
-hedge: neutral to bullish bias to *1018/*1044/*1100; no equity exposure;
-hedge: short 10% equity covered; short bias (+); with equity exposure;

Long Term: THE BEAR

_no guarantees and trading strategies are just ideas_

Kind Regards

in contrast: a long-term BUY/HOLD Strategy with personal regards ("Ananda, I feel a bit mean featuring your posts like this, but maybe there is something we can all learn from it."
Regards, Phaedrus.) from no other than 'The Greatest Phaedrus' (see attachment)