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Will the October 2026 unemployment rate be 4.2%?

10 of 12 top Polymarket traders hold No (83%) · No at 55¢ · $920 held · ends Nov 6

Yes46¢No54¢Ends Fri, Nov 6, 2026View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

12

No 83%

Total Value

$919.64

Combined PnL

$1.65

Smart Money Entry

57.5¢ → 54.5¢

-5% since entry · 10 traders

Research grade

NeutralNo at 55%

No measured edge, which here means a loss: the plain consensus (5+ holders, 60 %+, held to resolution) lost −3.0 % a trade after costs out of sample in the full-year test (n 86,296, 95 % CI −3.6 to −2.4 %).

  • Side priced 50–60¢Full year, out of sample: 0.50–0.70 lost −2.9 % a trade (n 23,546, 95 % CI −3.9 to −1.9).

The rules come from our Oct 22 2026 backtest (one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees). Our full-year test without hindsight (Oct 26 2026) found none of them profitable out of sample, and the plain consensus lost −3.0 % a trade. The grade describes the market; it is not a forecast, not an edge and not advice.

Smart Money Signal

No

10 of 12 top traders (83%)2 hold an outcome priced under 50%9 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes46%
No55%

Smart Money Breakdown by Outcome

No10 traders
Total Value$774.24
Total Shares1,351
Combined PnL-$13.98
Yes2 traders
Total Value$145.4
Total Shares330
Combined PnL+$15.63
No — 83%Yes — 17%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

10 traders

Top 2 hold 90%

Freshness

Late

575h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

83% of non-arb traders are on No. Concentration is driven by the top two positions owning 90% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleNo 67% · 3
Aligned
ctrNo 86% · 7
Aligned
Hand-pickedNo 67% · 3
Aligned
Top 1000No 80% · 10
Aligned

Chat

EV Calculator

Consensus % is how many tracked traders hold a side, not a win probability.

Break-even chance56.7%

54.5¢ price + 1.0¢ spread + 1.2¢ fee (Economics 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$76.26
Max Loss
-$100.00
Shares
176.3

A market order pays the taker fee and crosses the spread (assumed 1.0¢); a limit order pays no fee but may not fill. The fee category is a guess from the title.

Market Info

Condition ID
0x5661913d...117cf7
Slug
will-the-october-2026-unemployment-rate-be-4pt2
Trade on Polymarket