Friday, October 2, 2026

Market Regime: RISK_OFF QNTM's regime overlay reads RISK_OFF for the session. With VIX near 16, the signal is less about panic and more about a defensive tilt from the war-escalation overlay layered on top of an otherwise calm options market.

Conviction: 47.8/100 At 47.8 out of 100 across 1,418 scored names, with only 1.6% flagged high-conviction, the model is finding few stocks with a clean, multi-pillar edge today — consistent with a market waiting on two big swing factors (jobs data, Mideast headlines) rather than trending cleanly.

On the calendar today The Labor Department's September jobs report lands at 8:30 a.m. ET, and it's expected to show the US jobs market remained sturdy in September , with economists anticipating the US added roughly 100,000 jobs, following a strong 162,000 gain in August, and the unemployment rate holding at 4.1% .

Overnight & premarket

US stock futures climbed Friday morning as oil prices fell and investors awaited important jobs data , with Dow and S&P 500 futures up 0.5% and Nasdaq-100 futures up nearly 0.6% . The oil move follows Thursday's spike after crude prices rose sharply following a report the U.S. is sending a third aircraft carrier strike group to the Middle East , with Brent closing up 4.4% at $102.31 and WTI up 2.7% at $92.87 .

What to watch 1) Market reaction to the payroll print and any shift in rate-path odds. 2) Fresh Iran/Gulf headlines — Trump said increased military strikes against Iran were "possible" after the midterm elections . 3) Whether oil's pullback holds or reverses on new escalation news.