• Humbled Trader
  • Posts
  • Markets Hit Record Highs Ahead of Mega-Cap Earnings & FOMC - Weekend Watchlist

Markets Hit Record Highs Ahead of Mega-Cap Earnings & FOMC - Weekend Watchlist

Humbled Trader's day trading & swing trading ideas

Author

Humbled Trader
October 26, 2025

‎

‎

Stocks rallied to fresh all-time highs again this week, powered by a cool CPI report, firm earnings from regional banks, and optimism ahead of next week’s Trump–Xi meeting. The S&P 500, Nasdaq, and Dow all closed strong, while the Russell 2000 lagged slightly. Energy rebounded sharply (+8%), while speculative AI and quantum names corrected but stabilized late in the week.

Earnings season remains solid — 70% of S&P firms beat revenue, 85% beat EPS, with earnings growth at +15% YoY.

‎TLDR Stock Market Weekly Update - October 24, 2025

📉Market Trends

  • Inflation cooled; CPI came in benign, boosting sentiment.

  • Energy rebounded after hitting multi-month lows.

  • U.S.–China tensions eased ahead of leadership talks.

  • Regional banks (ZION, WAL) posted better-than-feared results.

  • Momentum stocks (AI, drones, rare earths) corrected midweek but recovered.

  • Oil prices bounced nearly 8% from last week’s lows.

💰 Economic Data, Rates & the Fed

  • CPI: Soft print supported Fed cut expectations.

  • WTI Crude: $57.58, up nearly 8% on the week.

  • Yields: Stable, helping risk assets.

  • Fed Outlook: Markets pricing in continued accommodative stance ahead of next week’s FOMC.

Sources: Charles Schwab

‎

📅 Coming up next week…

Economic Events:

  • Tue (10/28): FOMC policy meeting

  • Wed (10/29): FOMC policy meeting & rate decision

  • Thu (10/30): Trump–Xi trade summit

Notable Earnings Reports:

  • Mon (10/27): WM, BBBY, WHR

  • Tue (10/28): SOFI, PYPL, UPS, W, ENPH, V, EA

  • Wed (10/29): BA, ETSY, META, MSFT, GOOGL, CVNA, SBUX

  • Thu (10/30): RBLX, AMZN, AAPL, COIN, RDDT, RKT, NET, ROKU

  • Fri (10/31): XOM, CVX

Sources: Earnings Whispers, Charles Schwab

‎

‎

GM $69.66

  • Stock broke through new all-time highs after beating earnings and raising guidance.

  • I am cautiously bullish on this name. I think as long as the stock can hold above the KL $67 area, it has the potential to continue its uptrend.

  • The KL is the $67 area on the daily. I’m looking for daily pullbacks for long-side entries.

  • However, if the stock breaks below KL and is unable to reclaim, I think it has decent downside towards $64s, especially if the broader market sells off.

  • Position Disclosure: No position

‎ 

NBIS $117.26

  • The stock sold off along with other AI names earlier last week. However, it’s now attempting to reclaim some daily key levels.

  • The KL I’m watching is the $117s area on the daily. If the stock can reclaim and hold the KL next week, we could see a continuation push towards recent highs of $125 - $35s.

  • However, if the stock cannot reclaim KL and breaks below, it’s no longer a valid long thesis.

  • Position Disclosure: No position

‎‎

AMD $252.8

  • This was an idea from two weeks ago; the stock has since then held up well above the gap and is making new all-time highs.

  • Looking for a similar trend joining set up as the GM idea above.

  • I would love to buy the dip for a swing set up if the daily KL holds. The key level to watch is the $238s area.

  • Looking for any pullback towards KL for my long entries.

  • Position Disclosure: No position

🗞️ Market movers you might’ve missed:

- Intel Corp ($INTC) A strong Q3 earnings beat - EPS of $0.23 vs. $0.01 estimate - and improving semiconductor demand outlook.
- How we traded: Gap Up Reversal Long

- General Motors Co ($GM) General Motors Q3 Adj. EPS $2.80 Beats $2.31 Estimate, Sales $48.590B Beat $45.266B Estimate
- How we traded: Gap Up Reversal Long

‎

Ready to Elevate Your Trading this year?
Check out the Humbled Trader community!

Trade alongside and engage in market discussions with like-minded traders, and learn from our team of experienced trading coaches.

Your success story could be featured in one of our next “Top Trades of the Week” showcases! Learn more about our community and what we offer by clicking the button below.

‎

Email Disclaimer:
The Watchlist Emails are NOT trade alerts to buy or sell. We are not financial advisers. The above information is for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. We are merely sharing our opinion with no guarantee of gains or losses on investments. You accept our Terms and Conditions.