A rotation session: the Dow added 0.41% to 51,984 while the Nasdaq fell 1.07% to 25,164 and the S&P 500 slipped 0.51% to 7,541. Energy (-3.96%) and Technology (-2.95%) lagged badly while Cons. Disc. (+2.41%), Financials (+1.86%) and Materials (+1.76%) led — 8 of 11 sectors closed higher. Election headlines ran hot, with election-bet volume jumping across Kalshi and Polymarket and coverage of how a Democrat win could frustrate the energy agenda; Shopify slid post-earnings while Teva raised its 2026 outlook. Single-name action was dominated by microcaps — VCIG +4,731% and RETO +647% top the gainers, DRUG -52% the losers. VIX sits at 21.26 and the 10-year at 4.94%, with Nasdaq futures +0.34% against Dow futures -0.58% overnight.
Change on the day for the major indices. VIX sits in the metric strip above — it reads inversely, so it is kept out of this scale.
Every bar opens the sector ETF's live page.
QL signal universe · click a bar for the live 5-factor read.
QL signal universe · click a bar for the live 5-factor read.
Of 4,906 counted names, 20.7% carry bullish signals against 978 on the sell side (729 sell, 249 strong sell), with a heavy 2,913-name neutral core. Breadth broadened +4 points even as the Nasdaq fell 1.07% — the signature of rotation into Financials and Cons. Disc. rather than broad risk-off. Sample strong buys skew mega-cap quality (AAPL, MSFT, BRK.B, JPM), while strong sells include BAC, RBLX and SNX.
Hover the line (or focus it and use ← →) to read any single session.
Strong Buy standouts: AAPL · MSFT · TSLA · BRK.B · LLY · JPM · WMT · V · XOM · JNJ · MA · ABBV
Strong Sell standouts: BAC · NTRA · CCJ · VG · P · RBLX · YPF · SNX · MKSI · DT · ONTO · AMKR
See full signals →| Ticker | Next Report | In | Last EPS YoY | Last Rev YoY |
|---|---|---|---|---|
| JPM | 2026-11-05 | 2d | +46.9% | +27.7% |
| NVDA | 2026-11-25 | 21d | +127.8% | +105.9% |
| WMT | 2026-11-27 | 24d | -9.1% | +5.9% |
| XOM | 2026-12-02 | 29d | +0.0% | +0.0% |
| AVGO | 2026-12-10 | 37d | +215.3% | +85.5% |
| META | 2027-01-19 | 77d | +264.8% | +26.1% |
Bar length = days until the report · green/red = last EPS YoY direction · click through to the live page.
Year-over-year movement
The immediate calendar is thin — no corporate events are listed — so the near mark is JPM's print in two days (Nov 5), with the IPO window reopening via Primagrove (YHTE, $4–6 range) on Nov 9. The month's bigger tests come later: NVDA Nov 25 and WMT Nov 27.
| Ticker | Company | Listing Date | In | Offer Range | Exchange |
|---|---|---|---|---|---|
| YHTE | Primagrove Ltd | 2026-11-09 | 6d | $4–$6 | XNAS |
| BIAI | Bitari Inc | 2026-11-16 | 13d | $7–$7 | XNAS |
| SWA | Simwon America Corp | 2026-11-25est. | 22d | $18–$22 | XNAS |
| STA | Starton Holdings, Inc., | TBA | — | $5–$7 | XNAS |
| FMSN | Focus Media Network Limited | TBA | — | $4–$6 | XNAS |
| TRCX | Tracx Logis Ltd. | TBA | — | $18–$22 | XNAS |
| KATX | KAT Construction Services, Inc. | TBA | — | $5–$7 | XASE |
Full pipeline + S-1 tracker on IPO Radar · pre-IPO valuations and secondaries on Private Companies.
The private tape is hot: DeepSeek raised a $16B Series A at a $45B valuation led by China's Big Fund (Oct 30), and Kalshi closed a $1B Series F at $40B (Oct 29) just as election-betting headlines hit the front page. Andreessen Horowitz is the most active lead investor at 10 deals and $2.11B deployed, including the $870M TypeSafe AI round at a $7.5B valuation.
| Date | Company | Event | Amount | Lead Investor |
|---|---|---|---|---|
| 2026-10-30 | DeepSeek · Technology | Series A $16,000M led by China's Big Fund (National Integrated Circuit Industry Investment | $16.0B | China's Big Fund (National Integrated Circuit Industry Investment Fund) |
| 2026-10-29 | Kalshi · Fintech | Series F $1,000M | $1.0B | — |
| 2026-10-12 | Ambi · AI | Pre-Series A $26M led by Luminous Ventures | $26M | Luminous Ventures |
| 2026-10-09 | Ultra · Robotics | Series A $50M led by Framework Ventures | $50M | Framework Ventures |
| 2026-10-09 | TypeSafe AI · AI | Series A $870M led by Andreessen Horowitz | $870M | Andreessen Horowitz |
| 2026-10-09 | Hone · AI | Seed $60M led by Benchmark | $60M | Benchmark |
| 2026-10-09 | Meticulous · Enterprise Software | Series A $15M led by Chemistry | $15M | Chemistry |
| 2026-10-09 | Kapta Space · Space | Series A $24M led by Washington Harbour Partners | $24M | Washington Harbour Partners |
Track 2,699 pre-IPO names on Private Companies · browse 280+ investor profiles · live deal tape on Deal Signals.
Bar = amount raised · click through to the company's pre-IPO page.
Where the money went — sector split
Most active lead investors (last 45 days)
Educational framework discussion of market conditions — not investment advice or a recommendation to buy or sell any security.
Today is a textbook cap-weighting lesson: the S&P 500 fell 0.51% and the Nasdaq 1.07%, yet 8 of 11 sectors closed higher — because the largest index weights (tech) fell hardest while smaller sectors rallied. A cap-weighted index weights each constituent by market cap, so a handful of mega-caps can overpower hundreds of advancing names in the headline print. That's why analysts pair index moves with breadth measures like advance-decline or, here, the share of bullish signals: today's +4-point broadening to 20.7% confirms participation was widening beneath a soft tape. The practical takeaway — when breadth improves while the index slips, strength is spreading beneath the surface; when breadth deteriorates while the index rises, leadership is thinning and rallies get fragile.