Stock Market Weekly update -Oct 18, 2026

 We got a big pullback in the indexes last week, with the Nasdaq100 losing over 5%, though the Dow  was up for a 2nd week! The Semis lost almost 12%, with INTC dropping for a 3rd week, after the previous week’s huge drop, and CRWV lost around 25%. The Korea Stock Index (EWY) dropped 14% for the week following a drop from the prior week. CPI & PPI reports both came in with higher inflation numbers. V, MA, ABBV, and VLO  popped for a 2nd week hitting more all time highs. BAC dropped, Long term Interest rates pulled back for a 2nd week, and Oil had a big rally.

Nasdaq slides 2% Friday to post worst week since June, pressured by AI sell-off and oil prices

Brent oil touches $110 as Iran escalates Hormuz attacks, Ukraine vows to hit Russian refineries


The week ahead:  2nd week of earnings. TSLA,META, & more

Also, Rates have dropped for 2 weeks -lets see what this week brings.

Schwab Weekly Trader's Outlook  

Edward Jones recap


10 year Interest rate - 2nd weekly pullback in several weeks, to 5.10%

US Dollar - reversed down to 101.78

Gold - down a bit to $4165 

Oil - popped for the week, closing at $99.05

Bitcoin  - dropped again to around 81.5k

National debt  -around $40.3T …also here 

CPI  Rate

 

New all time Highs:  XOM, CVX, COP, SHEL, V, MA, MET, CAKE

  -ALL time Lows:   CBRS, 

Pops & Drops/5 day movers:  Pops: BMBL, ,    Drops:  DELL, HPE, CIFR, AAOI, LITE, 

Percent of S&P 500 stocks above the 50 day MA:  Popped again from 35% to 45%



Mon

Tue

Wed

Thu

Fri

Earnings

 

MMM, NFLX, COF, CB, RTX UAL

TSLA, IBM, META, LRCX, TXN, ABT, CME, 

BCS, BX, BE, DECK, LMT, NEM, PG, VLO, WDC

AXP

Events








The Markets: Nasdaq & SPX dropped from all time highs!

Expected SPX move for the week ahead (from 7660, based on Options):  + -115



SPX  SPY daily - chopping around in a range for several weeks



Small-caps weekly -trending down for 9 weeks 



Interest rate (10yr) - dropped for a 2nd  week, now at around 5.10%




Stocks last week - 

Also here



Sectors last week  -Technology lagged again!



Options watch:   High IV (Implied Volatility) stocks -link   

Options Open Interest charts:

High Options volume:  

ETFs

SPY, QQQ, IWM, SMH, VIX -also SPX index

Stocks

Mag7 & others   (most active, or here)


Smaller size Futures contracts:

CME Group to Expand Retail Access to Four Leading Benchmarks with E-nano Equity Index Futures

1-Ounce Gold (1OZ) futures are now trading 24/7  (specs)

More charts/Data:    



Rotation this month…



KO -Coke



V -Visa



The Semis continued to drop last week (weekly chart).




PLTR -possible double top



OKLO



S&P 500 Total Percent Returns calendar  


Name


Feb 2025

04/27

06/30

01/04/26

03/01


Solana

SOL

192.00

149.30

149.60

134.50

84.00


Chainlink

LINK

18.35

14.48

13.28

13.40

8.80


Uniswap

UNI

9.60

5.57

6.98

5.90

3.75


SUI

SUI

3.45

3.55

2.77

1.70

0.90


ONDO

ONDO

1.32

0.95

0.75

0.44

0.26


Avalanche

AVAX

-

-

-

14.00

9.00


Feb 2025:   5 Cryptos to watch in 2025, 2026

10/12/25:   Added AVAX, 11/23 This recent dip may be a good opportunity to buy/add

02/15/26: Buy the dips here? 06/30/26 -still near recent lows! 

09/06/26 -finally getting some traction


Links...



Top sites


Stocks/News:  

Dow, S&P 500, Nasdaq sink as tech sell-off caps volatile week (video)

U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year

U.S. Homes are now the most unaffordable in history

US SMALL CAP INDEX HAS ENTERED A CORRECTION TERRITORY.

Berkshire shares buck market sell-off, rally to highest since Buffett said he would step down as CEO

Apple’s $1,999 Foldable iPhone Sold Out in Minutes. Deliveries Now Slip to January

Smartphone shipments dropped by 20%, lowest point in 14 years amid memory crisis

ECB points to December for next 2026 rate hike as risks pile up

Elon Musk just unveiled a Tesla Roadster that flies

Cboe to expand options trading hours for major stocks and ETFs

Crypto/Blockchain:    -Global Market Cap: Now around  $2.7 Trillion  

Bitcoin Price Hovers Near $81K as Analysts See Potential Market Bottom

Bitcoin slips below $80k, Ledger tightens sales, MSCI changes rules | Weekly recap

ECB eyes digital euro for online, in-store and P2P payments from day one

Mastercard Brings Stablecoins to Millions of Retail Checkouts

Circle wants to enter 40 more markets. Where can USDC actually be used?

NEAR Price Jumps 14% as Solana Access Opens Through Sunrise

Ondo’s tokenized stock lead shrinks as Binance, Robinhood gain ground

Pyth DAO Approves ‘100% Rule’ Directing Its Share of Product Revenue to PYTH Buybacks


Archives ..pre 2020

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