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Nakagai Daily Brief

Fri Oct 9, 2026

Before the open, every trading day

Premarket

S&P 500SPY
+0.42%
at 777.14
Nasdaq 100QQQ
n/a
No premarket print
DowDIA
n/a
No premarket print
Russell 2000IWM
n/a
No premarket print

IEX premarket price against the prior close.

S&P 500 closed lower but is higher premarket; Nasdaq 100 lagged.

Tone

The S&P 500 closed down 0.42% and the Nasdaq 100 fell 1.35%; the Dow added 0.11% and the Russell 2000 slipped 0.07%. The S&P 500 is up 0.42% premarket; the others' premarket prices are not in yet. The S&P 500's structure score of 92 is bullish: the index holds above its trend measures and near the top of its recent range, so yesterday's dip came inside an uptrend, though the Nasdaq fell harder.

Treasury's Bessent hired former Fed board pick Judy Shelton as an adviser, and a valuation expert warned of an AI cash drain. Nvidia led company news: headlines say it will buy back $235 billion of stock by January 2028, a large return of cash to shareholders, while Nvidia-backed Firmus withdrew its Australian IPO citing market conditions, which coverage called a limit on the AI boom.

No economic releases today. Delta Air Lines reports before the open.

Structure

Bullish92/100

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 upper third of its 20-day range+18.96
  • IEX premarket +0.4% vs prior close+23.03

News

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Today

Economic releases

No scheduled releases

Earnings

  • DALDelta Air Lines, Inc.pre-market
  • HIFSHingham Institution for Savings
  • GLDGGoldMining Inc.
  • HOVRNew Horizon Aircraft Ltd.pre-market

Key levels

LevelS&P 500SPYNasdaq 100QQQDowDIARussell 2000IWM
Prior close773.88747.50511.57277.50
Prior high777.07757.18511.75277.80
Prior low770.48743.28508.67274.52
5-day high781.59762.83515.96284.63
5-day low767.16743.28507.92274.52
IEX premarket777.14n/an/an/a

Informational only. Not financial advice or a trade signal.

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