Daily stock market report: premarket plan, sector rotation and the close

Reports

One call a day, scored in public

Every trading day at 9:00 AM ET, after the 8:30 data, the Hub makes its call on the session — with the plan and the levels it hangs on. At the close it's scored against SPY. Every call stays up, the misses included.

Thursday, October 29, 2026

The full report →

The Hub's call

Made at 9:00 AM ET, after the 8:30 data

NEUTRAL· low confidence✓ Right — SPY closed −0.38%

Neutral bias as mixed economic data and earnings volatility create uncertainty.

Mixed economic releases and futures weakness offset the long-term trend, necessitating a cautious, neutral approach.

The 8:30 AM economic data was mixed, with stronger-than-forecast GDP Growth and Jobless Claims offset by weaker Personal Income and Spending. This has led to a choppy premarket environment, requiring a wait-and-see approach until the 9:45 AM–10:00 AM range is established. Expect volatility around earnings-heavy names like AMZN and INTC.

Macro read: Yields are lower, which typically supports tech, but the dollar is up and futures are negative, signaling caution. The VIX remains elevated, suggesting a defensive posture.

The plan

If / then, and the levels it hangs on

IfSPY holds 769.91 → Look for a move toward 774.03 resistance.
IfQQQ fails to hold 721.89 → Expect a test of lower support levels.

Index	Support	Pivot	Resistance	Prior low	Prior high
SPY	769.91	771.64	774.03	769.24	773.36
QQQ	721.89	724.02	727.73	720.30	726.14
IWM	279.73	280.61	282.16	279.05	281.48

Track record

Last 22 scored calls

77%

17 of 22 calls right

Bullish / bearish: 8/10

Neutral / choppy: 9/12

How it's scored: bullish is right when SPY closes up, bearish when it closes down, neutral or choppy when SPY closes within ±0.5%. Every call is shown, misses included.

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