PodcastStock Market Today With IBDOctober 19, 2026
Too Soon To Declare Victory In Tech Bounce? Amazon, Heartflow, Ethos In Focus
Monday's broad tech bounce lacks confirming strength underneath, while Amazon, HeartFlow and insurance stocks like Ethos show healthier relative chart setups.
- Tech bounce questioned: Nasdaq rose 1.1% and S&P 500 0.4% Monday, but hosts say the gain doesn't erase last week's damage; SMH closed weak in its range despite a strong headline move.
- RSP and breadth lag: The equal-weighted S&P 500 (RSP) was rejected at its 50-day line Friday and showed more weakness Monday, signaling narrow, defensive-led participation.
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