Live market pulse from the rithm engine. Updated 2026-11-12 19:52 ET.
Primary forward test · 0 closed trades · 3 sleeves excluded
| ● | semis | IN TRADE | +13.1% | 4.2σ |
| ● | energy | IN TRADE | +4.7% | 3.1σ |
| ● | optical | IN TRADE | +23.1% | 3.8σ |
| ● | defensives | WAITING | +8.3% | 7.1σ |
| Enrg | +1.51% | |
| Util | -0.02% | |
| Tech | -0.34% | |
| Stpl | -0.43% | |
| Disc | -0.44% | |
| RE | -0.52% | |
| Hlth | -0.59% | |
| Fin | -0.72% | |
| Ind | -0.89% | |
| Comm | -0.96% | |
| Matl | -1.28% |
| NVDA | 4.5x | $123.0B | -4.34% | |
| SO | 2.3x | $1.5B | -1.46% | |
| AMD | 1.7x | $32.2B | +5.86% | |
| AVGO | 1.7x | $15.9B | +5.54% | |
| CSCO | 1.3x | $2.6B | +1.24% | |
| DE | 1.3x | $954M | -1.87% | |
| NEM | 1.3x | $987M | -4.92% | |
| LOW | 1.1x | $868M | -1.79% | |
| CVX | 1.1x | $2.0B | +1.44% | |
| BRK-B | 1.1x | $3.3B | +0.27% | |
| JNJ | 1.0x | $2.2B | +1.11% | |
| ABT | 1.0x | $998M | -1.87% |
| NVDA | 4.5x | $123.0B | -4.34% | |
| AMD | 1.7x | $32.2B | +5.86% | |
| MU | 0.9x | $21.5B | -1.59% | |
| AVGO | 1.7x | $15.9B | +5.54% | |
| TSLA | 0.7x | $11.5B | +1.69% | |
| AAPL | 0.6x | $11.0B | -0.21% | |
| GOOGL | 0.9x | $10.5B | +1.79% | |
| MSFT | 0.7x | $9.4B | +0.36% | |
| AMZN | 0.7x | $9.0B | +0.48% | |
| GOOG | 0.8x | $6.4B | +1.62% | |
| META | 0.4x | $6.4B | -0.82% | |
| INTC | 0.5x | $4.9B | -2.08% |
Risk-on over the last 72h — tech-led strength (Nasdaq 100 leading the Dow): S&P +0.6%, Nasdaq 100 +1.3%, Dow -0.2%.
| ● | COREWEAVE BEAT-AND-RAISE REVIVED THE AI TRADE - CRWV +24.9%, semis ripped (SOXL +18.2%, every SOX member up), QQQ +2.31% led SPY +1.31% and DIA +0.50%; the S&P closed within ~2.6% of its record Wed 2026-11-11, closes. Our 5m store (11-10 15:55 -> 11-11 15:55 bar): SPY +1.31% (749.94 -> 759.79), QQQ +2.31% (674.81 -> 690.38), DIA +0.50% (521.80 -> 524.41), IWM +0.89% (280.56 -> 283.07); press closes S&P 7,619 (+1.3%), Nasdaq 25,466 (+1.6%), Dow 52,486 (+0.5%). The catalyst (Yahoo Finance, StockTitan): CoreWeave reported Q3 revenue of about $3.66-3.7B with a loss narrower than feared and raised 2026 revenue guidance to $13.0-13.3B; CRWV +24.85% in our store (48.73 -> 60.84). The AI-infrastructure cohort went with it: NBIS +15.9% (155.18), its 2x NBIL +31.5%, AAOI +15.6% (55.86), AXTI +19.5% (46.96), IREN +5.6% (press). This reversed most of Tuesday's CPI-driven slip and, per Yahoo/AP, left the S&P close to recovering last week's AI-slowdown sell-off. Bond market was CLOSED for Veterans Day (SIFMA), so there was no Treasury repricing to fight the equity bid. |
| ● | NVDA +3.0% BOUNCED AFTER A TWO-DAY -9.6% - BUT AFTER THE CLOSE IT FELL ~8.6% ON A WSJ REPORT THAT THE BOARD IS PREPARING TO OUST CEO JENSEN HUANG; Thursday premarket -7%, Nasdaq futures -1.3% Wed 2026-11-11. Regular session, our 5m store: NVDA +3.00% (168.79 -> 173.85), the first up day after Mon -4.4% / Tue -5.5%; press has the close at 173.73, about 27% below the Oct 6 record and still down ~18% in November. The bounce rode the CoreWeave tape, not NVDA-specific news. After the close (CNBC, StockTitan): the Wall Street Journal reported Nvidia's board is preparing to remove CEO Jensen Huang, following a NYT report of an undisclosed relationship with a company executive and earlier reporting about a board investigation; NVDA -8.61% by 19:59 ET, QQQ -0.92% and SPY -0.49% after hours, CRWV gave back 6.4%. Thursday 11-12 premarket (CNBC): NVDA -7%, Nasdaq-100 futures -1.3%, S&P futures -0.7%, Dow -0.4%; Wedbush's Ives puts the stock at $300 with Huang and $225 without. NVDA reports earnings next week. Treat 11-11's index gain as fragile: its largest-cap driver reversed before Thursday's open. |
| ● | ROTATION INSIDE MEGA-CAP: AMD +7.3%, ORCL +8.9%, AVGO +4.1%, AAPL +2.1% to a RECORD (now the largest company at ~$5.16T, past NVDA) while MSFT -2.3%, META -2.0%, AMZN -1.7% FELL into a +1.3% index Wed 2026-11-11, our 5m store (11-10 15:55 -> 11-11 15:55 bar). Up: ORCL +8.88% (117.96 -> 128.43), AMD +7.27% (515.49 -> 552.96), AVGO +4.06% (331.98 -> 345.45), TSLA +2.90% (379.80 -> 390.80), GOOGL +2.16% (287.38 -> 293.58), AAPL +2.05% (348.63 -> 355.79; press: record close just under $356, +31% YTD, market value ~$5.16T, overtaking NVDA). Down: MSFT -2.29% (533.42 -> 521.21), META -2.01% (641.66 -> 628.76), AMZN -1.74% (270.90 -> 266.19). The split is semis/AI-infra and Oracle (the compute SELLERS) up, the hyperscaler/consumer-platform SPENDERS down - the same capex-anxiety trade that sold NVDA last week, now expressed as a pair. Memory and storage were the strongest sub-group (Yahoo): MU +12%, SNDK +14% (top S&P gainer), DELL +12%, STX +10%, WDC +8%, MRVL +9%, INTC +7.5%, SOXX +6%. |
| ● | UNDER THE +1.3% INDEX THE BREADTH WAS NARROW - XLK +3.2% and XLE +1.8% did the work; XLY -0.1%, XLRE flat, XLV flat; IWM +0.9% lagged; UVXY -10.1% as realized vol collapsed Wed 2026-11-11, our 5m store, 11-10 15:55 -> 11-11 15:55 bar. Sectors: XLK +3.23% (168.93 -> 174.39), XLE +1.82% (62.22 -> 63.36), XLI +1.32% (168.75 -> 170.98), XLC +0.83% (107.74 -> 108.63), XLF +0.57% (58.28 -> 58.62), XLP +0.45%, XLB +0.30%, XLU +0.24%, XLV +0.04% (188.89 -> 188.97), XLRE -0.02%, XLY -0.07% (121.06 -> 120.98). Nine of eleven up, but only two beat the index; equal-weight-ish IWM +0.89% trailed cap-weight SPY by 42 bps. Vol: UVXY -10.1% (18.41 -> 16.55), UVIX -13.0%, and the inverse-levered tech complex was crushed (SOXS -18.3%, SQQQ -7.0%, TECS -9.4%, SMCZ -19.0%). Energy's +1.8% came with WTI about +0.4% at ~$86.40 (Yahoo); overnight into Thursday Trump posted 'We don't need a deal with Iran' and WTI pushed above $87, Brent above $94 (CNBC). |
| ● | RATES BACKDROP UNCHANGED BY THE HOLIDAY - Treasuries closed for Veterans Day with the 10-year parked near 5% (4.99% when it reopened Thu), December hike odds ~90% after Tuesday's hot CPI, Waller floating 50 bp; gold -1% to ~$3,990 Wed 2026-11-11. The bond market did not trade (SIFMA holiday), so Wednesday's equity rally happened WITHOUT any relief in yields: the 10-year had touched ~5.03% Tuesday after October CPI printed +0.4% m/m headline / +0.3% core vs +0.3%/+0.2% expected, and reopened Thursday flat at 4.992% with the 2-year 4.757% and the 30-year 5.340% (CNBC). CME FedWatch had ~90% odds of a 25 bp HIKE in December; Fed Governors Waller and Logan both called for tightening and Waller signaled openness to 50 bp (Yahoo); Goldman now also expects a March hike. Gold -1% to about $3,990/oz, bitcoin ~$74,600 off a $73,100 low (Yahoo). Read 11-11 as a one-day AI-earnings bid on top of an unresolved rate shock - the Thursday futures slide (NVDA governance plus no yield relief) is the other side of that coin. |
| ● | Index moves S&P 500 +0.6%, Nasdaq 100 +1.3%, Dow -0.2%, Russell 2000 -1.4%, Semis +2.9%, VIX -1.2pt. |
| ● | Sector rotation Leaders: Energy +3.9%, Tech +1.7%. Laggards: Materials -1.1%, Real Estate -0.6%. |
| ● | Biggest movers (72h) Up: AMD +15.1%, AVGO +14.1%, MU +8.9%, ORCL +6.1% · Down: NEM -10.0%, NVDA -7.0%, NKE -5.3%, MSFT -4.1% |
| ● | News flow (72h) Heaviest categories: earnings (66), mna (4), insider (3) · Breaking on CSCO, AMD, HMC, NVDA, LLY. |
Risk-off today: S&P -0.4%, Nasdaq 100 -0.3%, Dow -0.4%.
| ● | Index moves S&P 500 -0.4%, Nasdaq 100 -0.3%, Dow -0.4%, Russell 2000 -1.6%, Semis -1.0%, VIX +1.2pt. |
| ● | Sector rotation Leaders: Energy +1.5%, Utilities -0.0%. Laggards: Materials -1.3%, Comm Svcs -1.0%. |
| ● | Biggest movers (today) Up: AMD +5.9%, AVGO +5.5%, XOM +1.8%, GOOGL +1.8% · Down: NEM -4.9%, NVDA -4.3%, GE -3.5%, NFLX -2.9% |
| ● | News flow (today) Heaviest categories: earnings (69), insider (3), mna (3) · Breaking on CSCO, NVDA, LLY. |
Next 72h: 3 earnings (biggest: SMFG, MUFG, MFG); 6 macro prints (key: PPI MoM).
| ● | Macro calendar Tomorrow: PPI MoM ★. |
| ● | Earnings on deck Tomorrow BMO: SMFG (±5%) · Tomorrow BMO: MUFG (±3%) · Tomorrow BMO: MFG (±3%). |
| ● | Themes to watch Rate-sensitive tape — key prints: PPI MoM, Core PPI MoM, PPI Machinery Manufacturing. |
| SMFG | 07:00 pre-market | Sumitomo Mitsui Financial Group Inc Sponsored ADR | Finance | $24.37 -1.5% | EPS $0.51 | Rev $8.66B | $156.1B | ±5.4% |
| MUFG | 07:00 pre-market | Mitsubishi UFJ Financial Group, Inc. Sponsored ADR | Finance | $21.75 -0.9% | EPS $0.43 | Rev $10.72B | $246.6B | ±2.9% |
| MFG | 07:00 pre-market | Mizuho Financial Group Inc Sponsored ADR | Finance | $10.12 -0.4% | EPS $0.20 | Rev $6.78B | $123.2B | ±2.8% |
| BEKE | 06:00 pre-market | KE Holdings, Inc. Sponsored ADR Class A | Finance | $17.65 -1.7% | EPS $0.26 | Rev $3.10B | $20.6B | ±8.4% |
| XPEV | before open | XPeng, Inc. ADR Sponsored Class A | Consumer Durables | $9.46 -3.8% | EPS $-0.11 | Rev $3.44B | $9.6B | ±13.6% |
| BIDU | before open | Baidu, Inc. Sponsored ADR Class A | Technology Services | $77.63 -2.7% | EPS $0.91 | Rev $4.60B | $26.5B | ±12.1% |
| TSN | before open | Tyson Foods, Inc. Class A | Consumer Non-Durables | $59.26 -1.0% | EPS $0.53 | Rev $14.10B | $20.4B | ±8.1% |
| ARMK | before open | Aramark | Consumer Services | $53.88 +0.2% | EPS $0.75 | Rev $5.30B | $14.2B | ±5.4% |
| HTHT | before open | H World Group Limited Sponsored ADR | Consumer Services | $49.95 +0.2% | EPS $0.82 | Rev $1.09B | $15.3B | ±4.3% |
| ACM | 16:00 post-market | AECOM | Industrial Services | $70.11 -0.2% | EPS $1.59 | Rev $1.92B | $9.0B | ±16.2% |
| POWL | 16:00 post-market | Powell Industries, Inc. | Producer Manufacturing | $141.77 -2.8% | EPS $1.57 | Rev $335M | $5.2B | ±14.6% |
| TME | 04:00 pre-market | Tencent Music Entertainment Group Sponsored ADR Class A | Technology Services | $9.02 -2.2% | EPS $0.21 | Rev $1.36B | $13.6B | ±10.6% |
| AS | 06:00 pre-market | Amer Sports, Inc. | Consumer Durables | $30.19 -2.9% | EPS $0.35 | Rev $2.14B | $17.6B | ±15.7% |
| HD | 06:00 pre-market | Home Depot, Inc. | Retail Trade | $348.26 -0.9% | EPS $3.84 | Rev $42.81B | $347.5B | ±7.9% |
| VIK | 07:00 pre-market | Viking Holdings Ltd | Consumer Services | $88.88 -1.3% | EPS $1.27 | Rev $2.21B | $39.7B | ±9.3% |
| ESLT | 07:00 pre-market | Elbit Systems Ltd | Electronic Technology | $723.00 -0.3% | EPS $3.63 | Rev $2.26B | $33.9B | ±7.6% |
| GFF | 07:00 pre-market | Griffon Corporation | Producer Manufacturing | $104.84 -1.2% | EPS $1.59 | Rev $482M | $4.7B | ±6.7% |
| SR | 07:00 pre-market | Spire Inc. | Utilities | $88.14 -0.1% | EPS $-1.03 | Rev $275M | $5.2B | ±4.0% |
| KLAR | before open | Klarna Group Plc | Commercial Services | $12.71 -5.6% | EPS $-0.15 | Rev $965M | $4.8B | ±18.8% |
| JD | before open | JD.com, Inc. Sponsored ADR Class A | Retail Trade | $27.49 -1.3% | EPS $0.88 | Rev $46.04B | $34.1B | ±8.0% |
| DIS | before open | Walt Disney Company | Consumer Services | $118.23 -1.2% | EPS $1.68 | Rev $25.16B | $204.1B | ±6.4% |
| MNSO | before open | MINISO Group Holding Ltd. Sponsored ADR | Retail Trade | $10.94 -0.4% | EPS $0.29 | Rev $971M | $3.4B | ±4.1% |
| NVDA | 16:00 post-market | NVIDIA Corporation | Electronic Technology | $166.19 -4.3% | EPS $2.47 | Rev $108.67B | $4.01T | ±51.9% |
| CAAP | 16:00 post-market | Corporacion America Airports S.A. | Transportation | $25.09 -0.6% | EPS $0.58 | Rev $547M | $4.1B | ±9.7% |
| GBDC | 16:00 post-market | Golub Capital BDC, Inc. | Finance | $12.49 -2.0% | EPS $0.33 | Rev $187M | $3.2B | ±6.5% |
| +3 more not shown | ||||||||
| HAFN | 01:30 pre-market | Hafnia Limited | Transportation | $9.62 +2.1% | EPS $0.32 | Rev $293M | $5.1B | ±10.7% |
| LOW | 06:00 pre-market | Lowe's Companies, Inc. | Retail Trade | $227.46 -1.8% | EPS $2.89 | Rev $22.40B | $127.6B | ±10.4% |
| TGT | 06:30 pre-market | Target Corporation | Retail Trade | $160.90 -1.1% | EPS $2.07 | Rev $26.49B | $73.1B | ±10.8% |
| AVAL | 07:00 pre-market | Grupo Aval Acciones y Valores SA Sponsored ADR Pfd | Finance | $3.95 -6.2% | EPS $0.14 | Rev $1.45B | $5.1B | ±24.8% |
| CPRT | 07:00 pre-market | Copart, Inc. | Retail Trade | $32.00 -0.5% | EPS $0.40 | Rev $1.19B | $29.6B | ±7.8% |
| ZIM | 07:00 pre-market | ZIM Integrated Shipping Services Ltd. | Transportation | $29.24 +0.8% | EPS $5.12 | Rev $2.53B | $3.5B | ±7.4% |
| BLSH | before open | Bullish | Technology Services | $23.17 -1.5% | EPS $0.08 | Rev $80M | $3.5B | ±20.1% |
| GLBE | before open | Global-e Online Ltd. | Retail Trade | $41.05 -2.7% | EPS $0.23 | Rev $313M | $6.9B | ±12.1% |
| GLNG | before open | Golar LNG Limited | Industrial Services | $42.97 +0.4% | EPS $0.04 | Rev $79M | $4.4B | ±7.4% |
| TJX | before open | TJX Companies Inc | Retail Trade | $135.98 -0.3% | EPS $1.34 | Rev $15.82B | $149.6B | ±5.7% |
| PANW | 16:00 post-market | Palo Alto Networks, Inc. | Technology Services | $322.66 -3.5% | EPS $0.97 | Rev $3.31B | $264.2B | ±19.4% |
| KLIC | 16:00 post-market | Kulicke & Soffa Industries, Inc. | Producer Manufacturing | $72.42 -1.1% | EPS $1.43 | Rev $377M | $3.8B | ±15.0% |
| CPA | 16:00 post-market | Copa Holdings, S.A. Class A | Transportation | $142.82 -4.1% | EPS $3.83 | Rev $1.18B | $5.8B | ±13.9% |
| SNEX | 16:00 post-market | StoneX Group Inc. | Finance | $57.11 -1.6% | EPS $0.88 | Rev $1.37B | $6.9B | ±10.4% |
| +6 more not shown | ||||||||
Pushed from the local rithm engine · 2026-11-12 19:52 ET · refreshes hourly during market hours · Not financial advice.