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As the Nasdaq-100 (NDX) reels from a substantial sell-off, Kevin Davitt of Nasdaq says Thursday's session is the first since April 2025 where the index sold off 5% or more. He compares the price action to the start of the U.S.-Iran war and July's tech-led weakness to explain how the Nasdaq is experiencing a usual "peak-to-trough" move. Kevin says the next couple of weeks will be telling, pointing to Nvidia (NVDA) earnings as the biggest expected catalyst. He then compares the S&P 500 (SPX) equal weight to the PHLX Semiconductor Index (SOX).
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William Lee says the stock market is focused on the wrong portion of government when it comes to concerns of an AI slowdown. He says it is state governors that will determine key decisions surrounding data center construction and county-by-county concerns surrounding them. As William adds, "pick your trades" in the space carefully and keep macro trends top of mind in what he calls the "next wave" of political battles in the AI buildout.
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A crypto quiet period Jim Ferraioli of Charles Schwab saw for the space ended up being pretty loud in the week since he was last on the program. He recounts the Binance hack and midterm election results, along with the impact to Bitcoin's price action. A Congressional blue wave is something he doesn't see stopping a bipartisan effort to increase crypto regulation.
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As the Nasdaq-100 (NDX) tumbles 6% on Thursday's session, Jay Woods remains cautious on short-term price action across tech but remains bullish long-term. He tells investors to brace for a V-shape move, the question just lies in where the bottom lies. Jay points to the VIX and its move past 25 as a key indicator. John Blank says he won't be surprised if the S&P 500 (SPX) touches 7,000 as the selling action continues. He names ASML (ASML) as a top stock pick he believes will stay resilient even if the AI trade remains fragile.
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Nick Parcharidis discusses staying disciplined through the market sell-off and how laddered, risk-mitigating strategies can help investors navigate volatility. He explains how dual-yield autocall ETFs can provide monthly income, partial market upside and downside cushions, while potentially offering tax advantages. He also breaks down how these strategies can complement traditional equity and fixed-income allocations.
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"Get that grocery list ready," says Steven Orr, as he sees potential buying opportunities in today's down market as the S&P 500 (SPX) and Nasdaq-100 (NDX) see strong selling action. He points to opportunities in tech and elsewhere, including Qualcomm (QCOM), which tumbled after earnings. Steven admits he needs clarity with the U.S.-Iran war as crude oil prices stay elevated, but he says, "I'm going to sleep well because I bought Qualcomm (QCOM)."
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Amid a broader stock market selloff, Wedbush's Ygal Arounian comments on Doordash (DASH) and its planned acquisition of Maplebear's (CART) Instacart for $17 billion. He believes the two companies pair well together and anticipates the acquisition bringing scale to Doordash's grocery delivery service. As the Nasdaq-100 (NDX) tumbles and Doordash sells with the rest of the stock market, Arounian believes investors may question if the acquisition deal goes through as regulation concerns mount.
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LikeFolio's Landon Swan breaks down sentiment around Airbnb (ABNB) ahead of earnings, with booking interest, website traffic and perceptions of value all trending higher. He says Airbnb’s efforts to reduce hidden fees and checkout chores are improving the guest experience, while rising staycations and trip cancellations signal pressure on travel spending. Swan leans bullish into earnings but warns AI agents could become a longer-term threat to Airbnb’s business model.
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As the AI-centric selloff batters the S&P 500 (SPX) and Nasdaq-100 (NDX), Jason Brown points to the healthcare sector as a bright spot in a day of stark selling. He focuses on stocks across the sector for today's Big 3 by highlighting HCA Healthcare (HCA), Intuitive Surgical (ISRG), and Moderna (MRNA). Jason offers example options trades for his healthcare picks while Rick Ducat dives into his technical analysis of the stock charts.
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Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
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Patrick Moorhead and Yagub Rahimov break down Qualcomm’s (QCOM) 11% post-earnings selloff, arguing the results were stronger than the stock reaction suggests. They discuss signs of a recovery in China’s Android market, Qualcomm’s growing Samsung share and opportunities in local AI. The panel also looks at the Starlink deal as a potential growth driver that could help Qualcomm diversify beyond smartphones.
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