THE TAPE
Market Desk · Sentiment

Weak jobs data cements dovish Fed pivot, lifting risk assets and AI-led tech to record highs.

Oct 2, 2026 · 1:00 PM BULLISH — 72%
Notable Moves 18
NVDA
Hit record highs as weak jobs data lifted AI/tech on dovish rate bets.
📰 Weak Jobs Report Lifts Nvidia, Nasdaq 100 to Record Highs
▲85%
NKE
Stock hit 13-year low after weak Q1 revenue and guidance, JPMorgan cut target.
📰 Nike falls to 13-year low. Why analysts don't think the selling is over yet
▼80%
QQQ
Nasdaq 100 hit record highs on dovish pivot confirmation.
📰 Weak Jobs Report Lifts Nvidia, Nasdaq 100 to Record Highs
▲75%
WDC
Dropped 7% on Toshiba's hard disk output expansion news.
📰 Seagate Tumbles 10%, Western Digital Drops 7% as Toshiba Moves to Double Hard Disk Output
▼70%
STX
Tumbled 10% after Toshiba's capacity expansion announcement.
📰 Seagate Tumbles 10%, Western Digital Drops 7% as Toshiba Moves to Double Hard Disk Output
▼70%
TSLA
Q3 deliveries beat estimates on strong European demand.
📰 Tesla Stock Gains As European Demand Boosts Q3 Deliveries
▲65%
SKHY
Long-term memory contracts and analyst upside targets support bullish case.
📰 SK Hynix Signed Five-Year Memory Contracts.
▲65%
SOXL
Leveraged semis benefit from AI rally and dovish repricing.
📰 Weak Jobs Report Lifts Nvidia, Nasdaq 100 to Record Highs
▲60%
BTC
Technical charts suggest recent bounce could be start of bigger bullish move amid dovish backdrop.
📰 Three reasons why bitcoin's recent bounce could be the start of a bigger bullish move
▲60%
SMH
Semiconductor sentiment buoyed by AI capex theme and memory broadening.
📰 ASML vs. SK Hynix: What Revenue Trends Reveal to Investors
▲60%
MU
Insider buying and analyst optimism despite investor caution over past misses.
📰 Micron’s Stock Is Cheap. Why Investors Are Still Gun-Shy.
▲55%
COIN
Shares dropped despite bullish analyst calls and favorable crypto macro backdrop.
📰 Coinbase Stock Drops: What's Going On?
▼55%
DVN
JPMorgan raised price target to $65, maintaining Overweight.
📰 JP Morgan Maintains Overweight on Devon Energy, Raises Price Target to $65
▲55%
META
Muse AI app rapid adoption and high-profile buy signal boost sentiment.
📰 5.6 Million Downloads in Weeks: Meta Muse Outpaces Sorad ChatGPT in Early Rollout
▲55%
ORCL
Hyperscaler named to Goldman Sachs top picks and notable investor buying.
📰 This hyperscaler made Goldman Sachs’ top picks for October
▲50%
SNDK
Storage sector hit by Toshiba capacity news spillover risk.
📰 Seagate Tumbles 10%, Western Digital Drops 7% as Toshiba Moves to Double Hard Disk Output
▼45%
GOOG
Google Cloud AI product launch plus congressional insider buying.
📰 Louisiana Rep. Cleo Fields Bought Up to $75K Worth of Alphabet Stock
▲40%
SHEL
Europe's winter energy crunch could benefit select oil majors.
📰 Europe’s winter energy crunch may already be underway. Two U.S. stocks that may benefit
▲40%
Full Board 60 symbols
SymbolSignalConf.Why
NVDA▲ BULLISH85%Hit record highs as weak jobs data lifted AI/tech on dovish rate bets.
NKE▼ BEARISH80%Stock hit 13-year low after weak Q1 revenue and guidance, JPMorgan cut target.
QQQ▲ BULLISH75%Nasdaq 100 hit record highs on dovish pivot confirmation.
WDC▼ BEARISH70%Dropped 7% on Toshiba's hard disk output expansion news.
STX▼ BEARISH70%Tumbled 10% after Toshiba's capacity expansion announcement.
TSLA▲ BULLISH65%Q3 deliveries beat estimates on strong European demand.
SKHY▲ BULLISH65%Long-term memory contracts and analyst upside targets support bullish case.
SOXL▲ BULLISH60%Leveraged semis benefit from AI rally and dovish repricing.
BTC▲ BULLISH60%Technical charts suggest recent bounce could be start of bigger bullish move amid dovish backdrop.
SMH▲ BULLISH60%Semiconductor sentiment buoyed by AI capex theme and memory broadening.
MU▲ BULLISH55%Insider buying and analyst optimism despite investor caution over past misses.
COIN▼ BEARISH55%Shares dropped despite bullish analyst calls and favorable crypto macro backdrop.
DVN▲ BULLISH55%JPMorgan raised price target to $65, maintaining Overweight.
META▲ BULLISH55%Muse AI app rapid adoption and high-profile buy signal boost sentiment.
ORCL▲ BULLISH50%Hyperscaler named to Goldman Sachs top picks and notable investor buying.
SNDK▼ BEARISH45%Storage sector hit by Toshiba capacity news spillover risk.
GOOG▲ BULLISH40%Google Cloud AI product launch plus congressional insider buying.
SHEL▲ BULLISH40%Europe's winter energy crunch could benefit select oil majors.
ASML● NEUTRAL40%Steadier growth vs. SK Hynix's acceleration creates mixed investor read.
AAPL● NEUTRAL35%AI agents could disrupt Apple's payment/developer revenue streams long-term.
CVX● NEUTRAL30%Potential beneficiary of European energy crunch narrative.
AMD● NEUTRAL0%No relevant headlines this run.
AVGO● NEUTRAL0%No relevant headlines this run.
SPY● NEUTRAL0%No relevant headlines this run.
MSFT● NEUTRAL0%No relevant headlines this run.
ARM● NEUTRAL0%No relevant headlines this run.
XOM● NEUTRAL0%No relevant headlines this run.
COP● NEUTRAL0%No relevant headlines this run.
LLY● NEUTRAL0%No relevant headlines this run.
DRAM● NEUTRAL0%No relevant headlines this run.
USO● NEUTRAL0%No relevant headlines this run.
MPC● NEUTRAL0%No relevant headlines this run.
PSX● NEUTRAL0%No relevant headlines this run.
F● NEUTRAL0%No relevant headlines this run.
NVDL● NEUTRAL0%No relevant headlines this run.
BB● NEUTRAL0%No relevant headlines this run.
CRWD● NEUTRAL0%No relevant headlines this run.
PANW● NEUTRAL0%No relevant headlines this run.
OXY● NEUTRAL0%No relevant headlines this run.
VLO● NEUTRAL0%No relevant headlines this run.
MCD● NEUTRAL0%No relevant headlines this run.
LMT● NEUTRAL0%No relevant headlines this run.
INTC● NEUTRAL0%No relevant headlines this run.
VOO● NEUTRAL0%No relevant headlines this run.
SMCI● NEUTRAL0%No relevant headlines this run.
QCOM● NEUTRAL0%No relevant headlines this run.
BABA● NEUTRAL0%No relevant headlines this run.
IONQ● NEUTRAL0%No relevant headlines this run.
PBR● NEUTRAL0%No relevant headlines this run.
TSM● NEUTRAL0%No relevant headlines this run.
AKAM● NEUTRAL0%No relevant headlines this run.
SCHL● NEUTRAL0%No relevant headlines this run.
AMC● NEUTRAL0%No relevant headlines this run.
OKTA● NEUTRAL0%No relevant headlines this run.
HPE● NEUTRAL0%No relevant headlines this run.
FICO● NEUTRAL0%No relevant headlines this run.
DELL● NEUTRAL0%No relevant headlines this run.
UTHR● NEUTRAL0%No relevant headlines this run.
TRU● NEUTRAL0%No relevant headlines this run.
WMT● NEUTRAL0%No relevant headlines this run.

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