Diverging October NFP estimates—from ADP, JOLTS, and independent models—range from moderately negative to modestly positive, with no forecasts pointing to a strong jobs surge.

The December pattern is clear. Every single trading day except one has been at fair price. We're rotating, not breaking out.

Stocks rallied back from steep losses, finishing into the green at the close. Gold and silver advanced again sharply, giving back only a little.