MARKET OPEN
Asia
  • 🇭🇰 Hang Seng+0.99%
  • 🇨🇳 SSE Composite—

Hong Kong buyers showed up at the open, lifting the Hang Seng about 1% after Beijing's pledge of timely fiscal support. Mainland shares stayed put, keeping the bid confined to Hong Kong.

Mad Money w/ Jim Cramer 10/5/26

  • Cramer flags a broken pattern: oil fell while the 30-year yield climbed to 5.66%, near 6%
  • Nasdaq's record close carried by Microsoft on Copilot, Meta's small-business ad shift, and Nvidia's all-time high
  • Saudis discounting crude $5 below the Oman/Dubai benchmark is market share defense, not a fading war premium
  • Caller questions on Intuitive Surgical as a broken stock, plus KLA, Domino's and SoFi

Cramer's warning: strip out Microsoft, Nvidia and Meta and the safety names were hit, meaning three stocks are carrying the index. He says the bond market tells the truth longer term, and the 30-year at 5.66% caps any broad rally. Owning the hyperscalers has been the only trade that worked.

DATA RELEASE
2-Year Treasury Yield
4.83%
+5 bp

The front end keeps pricing in more Fed tightening, with the 2-year up another 5 basis points to 4.83%. That is the rate that sets the tone for cash yields, mortgage pricing and the curve's flattest segment.

Source: FRED · DGS2
the e-commerce platform fight · 3y
$10K invested in each — worth today:
SHOP$30.7K3.1×
AMZN$20.0K2.0×

Three years ago, $10,000 split between Shopify and Amazon looked like the same e-commerce bet. Shopify's half is now worth $30,678 against Amazon's $19,959, a gap of more than $10,700 on identical money.

TSMTaiwan Semiconductor Manufacturing
New 52-week high$485.8+2.0% vs prior high · 2026-06-30

Taiwan Semiconductor cleared its June 30 peak by 1.99% with a new 52-week high at $485.80, a fresh record for a $2.5 trillion foundry that anchors the entire AI chip supply chain. The next test is whether it holds above the old ceiling.

SSentinelOne
New 52-week high$25.43+1.5% vs prior high · 2026-10-02

SentinelOne cleared its October 2 peak with a fresh 52-week high at $25.43, 1.48% above the prior mark. That is roughly double where the cybersecurity name traded at its March low, and the breakout is now the reference level to watch.

NVDANVIDIA
New 52-week high$238.9+1.5% vs prior high · 2026-05-14

NVIDIA just set a fresh 52-week high at $238.90, putting the world's largest company back in price discovery.

OPENOpendoor Technologies
New 52-week low$2.31-2.5% vs prior low · 2026-09-30

Opendoor marked a new 52-week low at $2.31, 2.53% under the low it set just five days earlier. The lows are now arriving within days of each other, leaving a $2.2 billion market cap with no recent price support to lean on.