With WTI crude back above $100, gold faces resistance today. XAUUSD resistance is at 4070 and support sits at 4035-4040.
🔴 WSJ: US Requests Gulf Prep | ⚔️ Post-Midterm Strike Scenario
Key Catalysts:
1️⃣ Report: US asks Gulf Arab states to prepare for short, intense military strike.
2️⃣ Timing: Planned for after midterm elections.
3️⃣ Market Impact: Geopolitical risk premium likely to rise; watch oil & defense stocks.
Stay vigilant. 👁️ #Geopolitics #Oil #Defense #Markets
🟢 Teradyne Q3 Beat | 📈 Revenue & EPS Surprise
Key Catalysts:
1️⃣ Revenue: $1.31B vs. $1.27B est.
2️⃣ EPS: $2.29 adj. vs. $2.09 exp.
3️⃣ Signal: Solid beat across top and bottom lines.
Watch for guidance. 👁️ #TER #Earnings #Semiconductors
🔴 CoreWeave AI Infra Risk | 📉 Distressed Bonds & Stock Plunge
Key Catalysts:
1️⃣ Market Signal: Bonds hit distressed levels; stock drops >30%.
2️⃣ Macro Headwinds: Rising rates pressuring highly leveraged expansion.
3️⃣ Asset Risk: Growing concerns over GPU depreciation.
4️⃣ Sentiment: Focal point of AI infrastructure financing worries.
Stay cautious. 👁️ #CoreWeave #AI #DistressedDebt #Tech
🟢 ORCL & NVDA Mega AI Deal | Multi-Gigawatt Scale Expansion
Key Catalysts:
1️⃣ Partnership: Oracle Cloud to deploy Nvidia's latest Vera Rubin AI servers.
2️⃣ Scale: Expanding to multi-gigawatt capacity (massive infrastructure build-out).
3️⃣ Timing: Announced Tuesday; deal size undisclosed.
Watch the reaction. 👁️ #ORCL #NVDA #AI #CloudComputing
🟢 Super Trading Night! | 🎯 Fed & Earnings Volatility
Key Catalysts:
1️⃣ Futures: Mixed ahead of Fed decision; Oil up ~2%.
2️⃣ AI Infra: Rallying hard, VRT surging +15% premarket.
3️⃣ Earnings: Google & Microsoft report after hours.
4️⃣ Apple: Event early tomorrow morning.
Stay sharp. 👁️ #Trading #Fed #Earnings #AI
Semiconductors rebounded for two days but may face selling pressure next. The depth of the pullback remains to be seen.
🟢 SPY at key resistance 770 | 🎯 Breakout vs. Rejection play
Key Levels:
1️⃣ Resistance: 770 (Psychological barrier).
2️⃣ Bull Case: Breakout → Rally extends through Thursday.
3️⃣ Bear Case: Rejection → Pullback to 760 likely.
Watch the level. 👁️ #SPY #Trading #TechnicalAnalysis
🟢 Rebound on lower oil | ⚠️ Root causes of decline remain
Key Catalysts:
1️⃣ Oil: Prices drop, sparking today's market bounce.
2️⃣ Market Structure: Underlying weaknesses persist despite rally.
3️⃣ Strategy: Stay cautious. Wait to gauge rally strength before acting.
Don't chase. 👁️ #Trading #MarketUpdate #Oil
🟢 Tesla/SpaceX merger hype | 📉 Wall St sell ratings at 11-yr low
Key Catalysts:
1️⃣ Meta: Prices $37.5B equity offerings (Nvidia takes $3B).
2️⃣ Coca-Cola: Beats Q3 estimates, raises full-year guidance.
3️⃣ Microsoft: Offers voluntary separation to ~60k employees.
4️⃣ Apple: Admits minor screen issue in iPhone Duo, will replace.
5️⃣ Intel: Acquires quantum firm Classiq for $2.3B.
Stay sharp. 👁️ #Trading #MarketUpdate
🟢 Futures rising | 🛢️ Oil falling (Iran tensions)
Key Catalysts:
1️⃣ Broadcom: $63B deal for Anthropic compute.
2️⃣ Corning/SoFi: Raised guidance, premarket up.
3️⃣ Fed: 2-day meeting begins.
4️⃣ Earnings: Big Tech peak week.
Stay sharp. 👁️ #Trading #MarketUpdate
For SPY, short around 764 with a take profit at 761. For QQQ, short between 710 and 711 with a take profit at 707-708.
Gold remains in a weak rebound. We favor selling on rallies today as the market needs time to digest weekend news. The trend will clarify this afternoon when we will share trade signals.
SKHY rebounded premarket on new shareholder return plans aimed at attracting capital to support the stock. After dropping over 34% from its $200 high, failure to sustain this rally could trigger further selling. Watch the $145 to $150 resistance level as a break above is needed to prevent continued downside.
TSLA bounced premarket on two catalysts, but 380 to 400 remains heavy resistance. If this news fails to break through, we must wait for the merger update.
To gauge today's AI rebound, watch MU and BE. MU is holding key support at $850 to $900. A strong break above the August low of $930 would signal the AI correction is nearing its end. For BE, a breakout above the prior bottom of $220 confirms strength.