This blog is updated twice a day: at the beginning of the trading day and after closing. I select stocks with the help of my self developed algorithm. I write this blog purely to document my algorithms effectiveness, if I have to fine tune it.
0 stocks selected 2026-09-29The 10-year Treasury yield surged to 5.25% due to rising Iran tensions and elevated oil prices, pushing major stock indexes down (S&P 500 -0.8%, Dow -0.7%, Nasdaq -0.9%). Key topics featured include Nvidia’s trading behavior, a critical week for Elon Musk’s companies following a successful orbit, friction in Muse’s business model, and a notable economist’s warning to the Fed. Tuesday’s macro focus centers on August JOLTS job opening numbers and the Conference Board’s consumer confidence report. Further Reading: Yahoo Morning Brief Reuters obtained a leaked copy of Anthropic’s landmark IPO prospectus—here are the key details. Market numbers:S&P 500 (^GSPC): -0.12% CBOE Volatility Index (^VIX): +0.07% NASDAQ Composite (^IXIC): -0.87% Disclaimer: This is not financial advice. For educational purposes only. Key Market Drivers TodayOil & Inflation Dynamics: Elevated crude oil prices—driven in part by stalled international diplomatic talks—are raising renewed concerns about stubborn inflation. Treasury Yield Pressure: Bond yields (including the 10-year Treasury yield) remain elevated. Higher yields draw capital away from risk assets and put downward pressure on broad index valuations. Federal Reserve Rate Expectations: Investors are closely monitoring economic data releases (such as job openings figures) and scheduled remarks from Federal Reserve officials for signals on whether monetary policy will remain restrictive. Divergent Sector Performance: A tug-of-war between mega-cap tech strength (bolstered by stock buyback announcements and AI investment news) and pullbacks in energy, industrials, and semiconductor sectors is keeping the broad benchmark indices like the S&P 500 near flat. |