{"id":441735,"date":"2026-11-07T05:40:05","date_gmt":"2026-11-06T22:40:05","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/equity-close-decent-rebound-or-a-dead-cat-bounce-441735\/"},"modified":"2026-11-07T05:40:05","modified_gmt":"2026-11-06T22:40:05","slug":"equity-close-decent-rebound-or-a-dead-cat-bounce","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/equity-close-decent-rebound-or-a-dead-cat-bounce-441735\/","title":{"rendered":"Equity close: Decent rebound or a dead-cat bounce"},"content":{"rendered":"<div>\n<p>US stock markets started strong and we saw 10% bounces in beaten-up memory stocks. It didn&#8217;t last but it also didn&#8217;t break down.\u00a0<\/p>\n<p>Some notable names:<\/p>\n<ul>\n<li>MU +5.1%<\/li>\n<li>SNDK +3.5%<\/li>\n<li>INTC +7.7%<\/li>\n<li>SKHY +2.8%<\/li>\n<li>NVDA +2.8%<\/li>\n<li>QCOM +5.8%<\/li>\n<\/ul>\n<p>The hyperscalers were near flat and the indexes were higher but didn&#8217;t finish at the highs. I wouldn&#8217;t give the win today to the bulls or the bears. It was a nice day but came after a brutal rout. Non-farm payrolls may have limited the enthusiasm because it puts a rate hiking cycle back on the table.<\/p>\n<p>Weighing at one point was a report on a strategy shift from MSFT where they will curb third-party data centers, with Oracle cited. That briefly sent ORCL 3% lower and weighed on the Nasdaq. Overall, it was a tough week for stocks but the pain was concentrated heavily in just a few names.<\/p>\n<p>On the day:<\/p>\n<ul>\n<li>S&amp;P 500 +0.3%<\/li>\n<li>Nasdaq Comp +1.1%<\/li>\n<li>Russell 2000 +1.0%<\/li>\n<li>DJIA -0.4%<\/li>\n<\/ul>\n<p>On the week:<\/p>\n<ul>\n<li>S&amp;P 500 -2.7% &#8212; worst since April 2025<\/li>\n<li>Nasdaq Comp -3.4% &#8212; fourth week of declines<\/li>\n<li>DJIA -0.9%<\/li>\n<\/ul>\n<p>Just after the close, the FT reports that Anthropic will go ahead with its IPO with a $1.25-1.75 trillion, likely $1.5 trillion. Eyes remain on Iran but positive headlines today were faded quickly. That tells me there is some optimism priced in now and that the market needs to see something official.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>US stock markets started strong and we saw 10% bounces in beaten-up memory stocks. It didn&#8217;t last but it also didn&#8217;t break down.\u00a0 Some notable names: MU +5.1% SNDK +3.5% INTC +7.7%&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-441735","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=441735"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441735\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=441735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=441735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=441735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}