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The week opened with a strong rally on Monday: the S&P 500 rose ~1.5%, and Nasdaq jumped nearly 2.7%.
Strong earnings reports (for example from Nvidia) failed to fully offset worries about stretched valuations and rising yields.
Dividends are on the ropes—but investors might not want to give up just yet.
Elon Musk thanked Tesla shareholders after they approved an unprecedented pay package making the world’s richest person a trillionaire for meeting certain business targets.
At the start of the week, the major indexes reached record highs: the S&P 500 rose about 1.2% on Monday (Oct 27), the Dow Jones Industrial Average climbed ~0.7%, and the Nasdaq Composite jumped ~1.9%.
A key anchor for the market was softer-than-expected inflation data, which reduced fears of aggressive rate hikes and bolstered expectations that the Fed could begin easing policy.
When traders talk about momentum shifts in the market, two terms that often come up are the Golden Cross and the Death Cross.
Seasonal weakness, rotation among large-cap tech leaders, clean short triggers on IPOs, and close-based stops. Bob explains his step-by-step process and the exact TradeZero tools he uses to size positions, set alerts, and execute with discipline.
Bob breaks down why Friday’s jobs reaction is rarely the real move, how he uses a Percent B confirmation on broad indices, and a step-by-step swing setup in a discount-focused retailer using TradeZero charts, alerts, and closing-basis risk control.
Softer inflation signals, less-robust labor reports, and mixed economic data reinforced market expectations that the Fed will cut rates at its next policy meeting.