U.S. Stocks | Opening Bell Live | October 13
[Opening Performance of the Three Major Indexes] 21:31 Beijing time / 09:31 ET
- Dow $52,266.11 (+0.80%), leading the gains
- S&P 500 $7,801.63 (-0.07%), virtually flat at the open
- Nasdaq $27,121.66 (-0.46%), under pressure and pulling back
[Pre-market vs. Actual Open]
Futures were generally flat to slightly lower before the market opened, but the actual open saw a clear divergence: the Dow opened higher and continued to climb, driven by financial-sector earnings, while the Nasdaq opened lower, with semiconductor stocks selling off across the board. This is in line with expectations that “value stocks will outperform growth stocks.”
[Key Events Before the Open]
1. JPMorgan Chase (JPM) earnings beat expectations: +2.58%
2. Goldman Sachs (GS) reported strong earnings: +3.85%, the biggest gainer
3. Big bank earnings season kicked off; financials (XLF) led the broader market, +1.05%
4. Semiconductors weakened against the broader trend: SOXX -2.80%
[Notable Stock Movers]
Top gainers:
- Goldman Sachs GS +3.85% (earnings boost)
- JPMorgan Chase JPM +2.58% (earnings boost)
- Apple AAPL +1.59%
- Microsoft MSFT +1.39%
- Google GOOGL +0.97%
Biggest decliners:
- Bitcoin miners RIOT -3.88% / MARA -2.65%
- AMD -3.35%
- Broadcom AVGO -1.54%
- Nvidia NVDA -1.28%
- Tesla TSLA -1.25%
Typical divergence: Financials and consumer tech (Apple/Microsoft) are holding up, while semiconductors and miners are pulling back across the board.
[Immediate Outlook for Crypto]
- BTC $83,452 (+1.19%) — strengthening against the trend, diverging from the Nasdaq
- ETH $2,512 (-0.39%) — weakening along with tech stocks
- IBIT +0.73% / MSTR +1.11% / COIN +0.49%
- Miners RIOT/MARA are selling off in tandem — clear risk spillover
Key view: BTC is moving independently in this rally, decoupled from the Nasdaq in the short term. However, ETH and miners remain weighed down by U.S. tech stocks, amplifying risks for altcoins.
[Trading Suggestions for Tonight: Prioritize Defense]
1. Trim AI/semiconductor exposure: Weakness in NVDA, AMD, and AVGO is confirmed. Avoid trying to catch a falling knife ahead of earnings season.
2. Keep an eye on financials: JPM/GS earnings are just the beginning. More banks report this week, and capital is still rotating.
3. Bullish on BTC, but stay cautious: $84,000 is clear resistance. Hold if it retests and holds support; reduce exposure if it breaks down.
4. ETH/altcoins: Weighed down by tech stocks; adding exposure is not recommended in the short term.
5. VIX has risen to 15.33 (+0.79%), signaling growing caution. Don’t chase prices higher.
Core strategy: Earnings-season divergence, with capital rotating from tech to value. Don’t get caught on the wrong side. Avoid aggressive moves today; wait for signs that the Nasdaq has stabilized before acting.
[Opening Performance of the Three Major Indexes] 21:31 Beijing time / 09:31 ET
- Dow $52,266.11 (+0.80%), leading the gains
- S&P 500 $7,801.63 (-0.07%), virtually flat at the open
- Nasdaq $27,121.66 (-0.46%), under pressure and pulling back
[Pre-market vs. Actual Open]
Futures were generally flat to slightly lower before the market opened, but the actual open saw a clear divergence: the Dow opened higher and continued to climb, driven by financial-sector earnings, while the Nasdaq opened lower, with semiconductor stocks selling off across the board. This is in line with expectations that “value stocks will outperform growth stocks.”
[Key Events Before the Open]
1. JPMorgan Chase (JPM) earnings beat expectations: +2.58%
2. Goldman Sachs (GS) reported strong earnings: +3.85%, the biggest gainer
3. Big bank earnings season kicked off; financials (XLF) led the broader market, +1.05%
4. Semiconductors weakened against the broader trend: SOXX -2.80%
[Notable Stock Movers]
Top gainers:
- Goldman Sachs GS +3.85% (earnings boost)
- JPMorgan Chase JPM +2.58% (earnings boost)
- Apple AAPL +1.59%
- Microsoft MSFT +1.39%
- Google GOOGL +0.97%
Biggest decliners:
- Bitcoin miners RIOT -3.88% / MARA -2.65%
- AMD -3.35%
- Broadcom AVGO -1.54%
- Nvidia NVDA -1.28%
- Tesla TSLA -1.25%
Typical divergence: Financials and consumer tech (Apple/Microsoft) are holding up, while semiconductors and miners are pulling back across the board.
[Immediate Outlook for Crypto]
- BTC $83,452 (+1.19%) — strengthening against the trend, diverging from the Nasdaq
- ETH $2,512 (-0.39%) — weakening along with tech stocks
- IBIT +0.73% / MSTR +1.11% / COIN +0.49%
- Miners RIOT/MARA are selling off in tandem — clear risk spillover
Key view: BTC is moving independently in this rally, decoupled from the Nasdaq in the short term. However, ETH and miners remain weighed down by U.S. tech stocks, amplifying risks for altcoins.
[Trading Suggestions for Tonight: Prioritize Defense]
1. Trim AI/semiconductor exposure: Weakness in NVDA, AMD, and AVGO is confirmed. Avoid trying to catch a falling knife ahead of earnings season.
2. Keep an eye on financials: JPM/GS earnings are just the beginning. More banks report this week, and capital is still rotating.
3. Bullish on BTC, but stay cautious: $84,000 is clear resistance. Hold if it retests and holds support; reduce exposure if it breaks down.
4. ETH/altcoins: Weighed down by tech stocks; adding exposure is not recommended in the short term.
5. VIX has risen to 15.33 (+0.79%), signaling growing caution. Don’t chase prices higher.
Core strategy: Earnings-season divergence, with capital rotating from tech to value. Don’t get caught on the wrong side. Avoid aggressive moves today; wait for signs that the Nasdaq has stabilized before acting.