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Nakagai Daily Brief

All briefs

Tue 29 Sep 2026

Before the open, every trading day

Premarket

S&P 500SPY
+0.18%
at 766.83
Nasdaq 100QQQ
+0.32%
at 738.93
DowDIA
n/a
No premarket print
Russell 2000IWM
n/a
No premarket print

IEX premarket price against the prior close.

Stocks closed lower but the S&P 500 and Nasdaq 100 point higher premarket.

Tone

The S&P 500 fell 0.76% Monday, the Nasdaq 100 1.06%, the Dow 0.66%, the Russell 2000 0.67%. Premarket, the S&P 500 is up 0.18% and the Nasdaq 100 0.32%, while Dow and Russell 2000 premarket prices are not in yet. The S&P 500's structure score is 82, bullish: an uptrend on short and medium timeframes, the index in the upper half of its recent range. Monday's drop is near-term, the uptrend the bigger picture.

Headlines link the premarket action to President Trump dismissing Iran sanction relief as a 'hoax'. Scott Bessent hired David Zervos to advise Treasury amid rising yields. The most-covered company story is Nvidia's buyback, the largest authorization increase in history, though it did not keep the Nasdaq out of the red Monday.

At 10:00 ET comes the Job Openings and Labor Turnover Survey. Carnival and CarMax report before the open, AAR after the close.

Structure

Bullish82/100

Describes where SPY stands now. Not a forecast.

  • SPY above its 20-day average+25
  • 20-day average above the 50-day+25
  • In the middle third of its 20-day range+15.54
  • IEX premarket +0.2% vs prior close+16.88

News

  1. 1
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  5. 5
  6. 6
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  8. 8

Today

Economic releases

Earnings

  • CCLCarnival Corporation Ltd.pre-market
  • KMXCarMax Incpre-market
  • AIRAAR Corp.after close
  • UECUranium Energy Corp.pre-market
  • CNXCConcentrix Corporationafter close
  • IPXIperionX Limited
  • TMQTrilogy Metals Inc.
  • ARECAmerican Resources Corporation
  • ELMEElme Communities
  • ZENAZenaTech, Inc.

Key levels

LevelS&P 500SPYNasdaq 100QQQDowDIARussell 2000IWM
Prior close765.49736.55514.07280.04
Prior high769.53741.41516.79281.89
Prior low763.74731.65513.44278.81
5-day high775.12748.31522.36288.91
5-day low763.25731.65510.56278.81
IEX premarket766.83738.93n/an/a

Informational only. Not financial advice or a trade signal.