EB Daily Market Report - Friday, October 2, 2026
Dear Members.
As a reminder, we're having a special LiveStream event tomorrow, October 3rd, at 10:00am ET. We will send you a link to the event, so there's no need for you to register. Also, Tom Bowley's "Market Vision Quarterly Update" will take place next Monday, October 5 at 5:30 PM EST. This event is exclusive to our annual members. If you are currently a monthly or trial member and want to convert to an annual membership just write to Matt at [email protected] and he will make sure you get the best deal possible. Also a link to this event will be sent to all annual members prior to the start.
Also as a reminder from Tom, the Seasonality Report for October went out yesterday, but he just finished picking the 20 stocks. The October stocks have been selected and here they are:
VRT,UAL,GM,FIX,DAL,NFLX,GOOGL,STLD,XPO,EWBC,AVAV,BHF,CACI,CUBI,NEO,MATX,SXC, BGC, SKYW,AMSF
VRT,UAL,GM,FIX,DAL,NFLX,GOOGL,STLD,XPO,EWBC,AVAV,BHF,CACI,CUBI,NEO,MATX,SXC, BGC, SKYW,AMSF
The ChartList will be on the site by Monday morning and all 20 stocks will be annotated with 1 or 2 key support levels.
The monthly jobs report came out this morning weaker than expected but traders took that as a positive sign with government bond yields easing and all of the major indexes higher.
Tech stocks remain in most favored status with the NASDAQ reaching an all time high. Even the DOW, which has been the weakest of the major indexes the past two months is higher just a day after getting very close to its 200 day moving average, a level it has not been below since early April.
The S&P still remains below its all time high of 7816 which is a target for the bulls. To the downside we'd want to see the 50 day moving average, currently at 7658, hold on any selling.
Tom will be back with his Weekly Market Report on Monday.
At your service,
John Hopkins