Indexes Pause But Strong Uptrend Intact. Oracle, Netflix, AppLovin In Focus.
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Oct 9, 2025 The hosts examine the latest market trends, noting a pause in index rallies while the overall uptrend remains strong. They analyze tech sector strength and growth stock resilience amid mixed news. Oracle's post-earnings gap and Netflix's potential breakout are discussed, alongside concerns about AppLovin following SEC probe reports. The episode also highlights gold's recent pause and previews upcoming earnings from Taiwan Semiconductor and major financials.
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Indexes Pause, Uptrend Intact
- The market pulled back but stayed near record highs and avoided serious technical damage today.
- Ed Carson notes indexes largely held their short-term moving averages, signaling a healthy pause rather than a breakdown.
Resilient Rally Despite Negative News
- The market has shown resilience, bouncing quickly after negative headlines like government shutdown worries and export curbs.
- Tech and mega-cap leadership explains why breadth (RSP) lags while indices remain strong.
Growth Stocks Still Leading
- Growth stocks continue to act well, with only modest losses in the IBD 50 ETF after recent gains.
- Ed highlights that recent selloffs were absorbed and leaders remain intact, supporting the broader rally.
