Thank god its the weekend!
Market Pulse
SPY closed at $755.72 on 2026-10-30. The close was above the 200-day SMA ($728.85); below the 8-day EMA ($765.80), the 21-day EMA ($767.78), the 50-day SMA ($767.49), and the 100-day SMA ($759.22). That is the first close below the 21 EMA.
QQQ closed at $690.49 on 2026-10-30. The close was above the 200-day SMA ($679.52); below the 8-day EMA ($712.31), the 21-day EMA ($721.51), the 50-day SMA ($725.00), and the 100-day SMA ($719.02). That marks 2 consecutive closes below the 21 EMA.
VIX 19.42 (+12.91%)
Opening
Single-name options flow is heavily skewed bullish today, with $191.6M in bullish premium against $60.1M bearish for a net of +$131.5M. SNDK dominates with $62.3M in bullish premium, followed by INTC at $25.1M. Bearish pressure is comparatively thin, led by GOOG at $6.5M and LRCX at $4.3M.
