The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
US stocks have retraced back toward where the major sell-off at the end of last week began. The S&P 500 got a lifeline from technology leaders. Strong corporate reports from SpaceX, an eye-catching revenue figure in Anthropic's IPO prospectus, and encouraging commentary from NVIDIA and Meta Platforms helped calm investor nerves.
US equity index dynamics
Even though asset managers are trimming tech exposure in portfolios, the AI theme is not going away. It will be rekindled by headlines such as NVIDIA's announcement about supercomputers already in cloud deployments. Yes, investors worry that massive AI spending may not pay off — they need proof that revenues are rising. And whenever any positive signs appear, S&P 500 drawdowns tend to get bought.
Impressive Q3 results at SpaceX and merger rumors involving Tesla — potentially the largest ever — handed the broad market a rescue rope. So did Anthropic's IPO filing, which revealed $16.3 billion of revenue in the first half of 2026.
Tech giants are pulling the S&P 500 out of the abyss, and this is happening against a supportive macro backdrop. The Fed appears unlikely to tighten policy before December, Treasury yields have fallen to five-week lows, and history shows positive returns in the five months following primaries.
That said, conditions can change quickly. The current situation echoes events eight years ago, when political disappointment over the direction of the Trump administration increased the odds of a "blue wave" and raised the perceived risk of tighter policy. Newly-appointed Fed Chair Jerome Powell then showed hawkish tendencies, which drove up the probability of interest rate hikes and triggered a market sell-off.
S&P 500 behavior during primaries
The S&P 500 initially fell but then recovered lost ground — and if history repeats, that could create buying opportunities for those willing to pick up US equities at lower prices. In 2018, the odds of continued Fed tightening later eased, which became a tailwind for the broad market.
Today, markets put the odds of an October fed-funds hike at roughly 15% and a December increase at about 88%. Derivatives imply about 75 basis points of rate tightening over the next 12 months. If those expectations are too aggressive, that would be bullish for equities.
Technically, the daily S&P 500 chart shows consolidation above fair value and a rise to a fresh high. A break above 7,770 would support adding to existing long positions.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
