As seen on the 24/7 Wall St. homepage on November 2, 2026.
Oil prices are falling on Mideast hopes, per WSJ, helping stocks rebound after Friday's selloff.
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Intel's steep drop and a tech selloff drove the decline, per Yahoo Finance and Kiplinger.
Nasdaq dives as Amazon and Intel earnings fuel a tech rout, per Yahoo Finance and Business Insider.
A Nasdaq 100 open under $700 breaks the support level traders have been defending, and a close below it puts the mega-cap tech trade on the defensive.
The Nasdaq 100 $QQQ is the chart to watch today. It's currently set to open below key support at $700. https://t.co/z6peAc3Mrm
Per Bloomberg, the Nasdaq 100 fell 1.5% as AI trade shows new cracks, and per Kiplinger the Nasdaq dropped on Alphabet's rare double miss.
Per CNBC, the S&P 500 is heading for its first loss in four days as Alphabet and Caterpillar fall after earnings.
Per Investopedia, stocks closed higher after the Fed held rates steady, with Treasury yields rising.
Per Yahoo Finance, the Nasdaq is wavering while the S&P 500 and Dow climb ahead of the Fed decision and Big Tech earnings.
▲SPYheating up fast
Retail traders are piling into the broad index bet, with 454 comments on the S&P 500 tracker topping every single stock today. Chipmaker chatter stays bullish, while the mood on the software giant and the EV maker has turned bearish and the iPhone maker splits the room.
Nvidia owns the room with 573 comments, but traders can't agree on direction, and the same split hangs over Tesla. GameStop is drawing nearly as much talk with the mood souring fastest, while QQQ chatter heats up.
▼NVDAsouring fast
Moderna is pulling more chatter than the rest of the board combined, and the mood there is bearish even as its pipeline headlines pile up. Nvidia is souring fast, while traders stay split on Meta and Alphabet and keep leaning bullish on the broad index.
u/naughtypetz ▲ 504 upvotes 116 comments
buy low sell high? good idea, might have to try it
A 0DTE SPY and SPX run from $48,000 to $900,000 in two months is the kind of post that pulls new traders into the riskiest product on the board. The top comments are already picking apart the screenshot, and nobody posts the accounts that went to zero.