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ETF and stock technical analysis: Amplifon down 14.50% in Milan, the basket ends October on a monthly sell. The semiconductor ETF down 8.24%, Intel down 28.58%, Reddit down 29.22%, AMD down 10.88%. Energy up 1.91%, Regeneron up 13.33%. Apple and Palantir report tonight.

· 24 min read
ETF and stock technical analysis: the semiconductor ETF falls 8.24%, Intel stock plunges 28.58% and Reddit stock 29.22%; in Milan Amplifon stock loses 14.50%
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Economic Observatory · The session

ETF and stock technical analysis: the semiconductor ETF falls 8.24%, Intel stock plunges 28.58% and Reddit stock 29.22%; in Milan Amplifon stock loses 14.50%

2 November 2026 AiTrading67 · Trade Desk Observatory Markets

On Friday 30 October US technology paid the bill for the whole week, and the month ended with a heavy change of signal: ETF technical analysis shows it sector by sector. The semiconductor ETF SOXX lost 8.24%, the Nasdaq 100 ETF QQQ 3.47% and the S&P 500 ETF SPY 1.77%, while the energy ETF XLE gained 1.91% and the European healthcare ETF EXV4 2.28%. Money changed sectors and stayed in the market.

Intel stock Intel fell 28.58%, its biggest drop in more than forty years, after forecasting a long stretch of weakness in personal computers. Reddit lost 29.22%, Roblox 18.05% and AMD 10.88%, on results or in the wake of the sector. On the Milan market the FTSE MIB ETF MIB lost 1.15%: Amplifon stock fell 14.50% despite higher profit and STMicroelectronics stock 5.27%, with Italian October inflation at 5.4% against the 4.6% expected.

Our model ends the week with news on Milan: the Italian basket has turned to sell on the monthly as well, after almost four years on the buy side. On SPY the weekly buy signal survived by a whisker, and on QQQ the sell widened. The short on Amazon stands at plus 6.40%, the one on Intel at plus 26.81%; the long on Regeneron at plus 15.26%, with healthcare among the strongest sectors of the month.

This week the companies reporting are the very ones that paid in advance on Friday: Apple and Palantir tonight, AMD and Ferrari tomorrow, Qualcomm on Wednesday.

The news that moved our instruments
📊
INSTRUMENTS
Energy and healthcare lead, semiconductors and technology lag

ETF technical analysis: the semiconductor ETF falls 8.24%, the technology ETF 4.89%, the energy ETF rises 1.91%; healthcare leads in Europe

An ETF is a listed fund that buys a whole basket of securities in one go: following sector ETFs is the quickest way to see where money is moving. On Friday it moved out of technology and into energy and defensive consumer names.

In the US XLE, the US energy ETF, rose 1.91%, XLP, consumer staples, 1.41%, XLU, the US utilities ETF, 0.67%, and XLV, the US healthcare ETF, 0.45%. At the bottom XLK, the US technology ETF, fell 4.89%, SOXX, the semiconductor ETF, 8.24%, VGT, the Vanguard technology ETF, 4.32%, XLI, industrials, 1.60%, and XLC, communications, 1.29%. GLD, the gold ETF, lost 3.47%.

Our model is long energy and healthcare: XLV stands at plus 23.68%, 6.04% above the weekly level, and XLE at plus 21.39%. MAGS, the Magnificent Seven ETF, has its weekly sell confirmed, 6.25% below the level.

In Europe EXV4, the European healthcare ETF, rose 2.28%; EXV6, basic resources, fell 2.77%, EXV3, technology, 2.68%, and EXV1, the European banks ETF, 2.38%. EXH1, European oil, stays long at plus 10.77%.

The global ETF technical analysis, with every basket we follow, is on the dedicated Market Pulse page.

How I read itEquity volatility rose 12.9% while the dollar stayed still: the stress is in equities and it is concentrated. The ETF comparison shows it well: funds full of chips and software lost between 4% and 8%, funds holding energy and defensives gained. For risk management, the earnings week matters more than the single session.
US energy ETF long (G / P) · US consumer staples ETF long (G / P) · US utilities ETF long (G / P) · US health care ETF long (G / P) · US financials ETF long (G / P) · US technology ETF short (G / P) · US communication services ETF short (G / P) · US industrials ETF short (G / P) · semiconductor ETF short (G / P) · Magnificent Seven short (G / P) · gold ETF short (G / P) · European health care ETF long (G / P) · European technology ETF long (G / P) · European banks ETF short (G / P) · European basic resources ETF short (G / P) · European oil and gas ETF long (G / P) · Vanguard US technology ETF short (G / P) · S&P 500 long (G / P) · Invesco QQQ Trust short (G / P) · Russell 2000 ETF short (G / P) *
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⛏
COMMODITIES
October ends with no change of signal, gold loses ground

Commodities: WTI crude, gold, copper and TTF gas, with the daily, weekly and monthly change and the weekly and monthly signal from our model

WTI crude oil: up 2.08% on the day, up 0.82% on the week, up 15.15% on the month. Weekly on buy since 20 July, 12.20% above the level; monthly on buy since March 2026.

Gold: down 3.60% on the day, down 3.01% on the week, down 6.77% on the month. Weekly on sell since 28 September, 7.01% below the level; monthly on sell since June 2026.

Copper: down 1.83% on the day, down 0.39% on the week, down 2.11% on the month. Weekly on buy since 13 April, 0.33% above the level; monthly on buy since March 2025.

TTF gas: up 6.15% on the day, up 10.75% on the week, up 43.65% on the month. Weekly on buy since 13 July, 16.91% above the level; monthly on buy since January 2026.

How I read itOn Friday oil rose together with energy stocks, and European gas ended the month sharply higher: that is the cost weighing on European utilities and chemicals. Gold had a heavy session and stays on sell on both horizons, despite the tension in technology. Copper has the narrowest margin over the weekly level: it is the one to watch for the miners.
US energy ETF long (G / P) · European oil and gas ETF long (G / P) · gold ETF short (G / P) · European basic resources ETF short (G / P) · US materials ETF long (G / P) · European utilities ETF long (G / P) *
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💰
SEMICONDUCTORS
Intel loses almost a third and drags semiconductor stocks down

Intel stock down 28.58%, Qualcomm down 11.12%, AMD down 10.88%, Marvell down 10.05%, Arm down 9.97%, Nvidia down 4.22%

Intel stockShort fell 28.58%: according to Bloomberg the company sees a prolonged weakness in chips for personal computers, and the market treated that as sector news. QualcommShort lost 11.12% and AMDShort 10.88%, both days away from results, ArmShort 9.97%, MarvellShort 10.05% on reports of a bid for Lumentum, BroadcomShort 5.48%, MicronShort 5.30% and NvidiaShort 4.22%. SOXX, the semiconductor ETF, closed down 8.24%.

How I read itIntel stocks and the rest of the group were already on sell in our model, and the session rewarded it: Intel plus 26.81%, Marvell plus 14.05%, Arm plus 9.58%, Broadcom plus 8.89%, Qualcomm plus 4.25%, Nvidia plus 3.00%, AMD plus 2.32%. With names already down 10% in a day, though, anyone outside arrives late: for swing trading the results on Tuesday and Wednesday are what counts. For ai trading the theme remains what the spending on computing capacity is worth.
Intel short (G / P) · Advanced Micro Devices short (G / P) · QUALCOMM short (G / P) · ARM short (G / P) · Marvell Technology short (G / P) · Broadcom short (G / P) · Micron Technology short (G / P) · NVIDIA short (G / P) · semiconductor ETF short (G / P) *
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💻
SOFTWARE AND CONSUMER
Reddit and Roblox punished on results, Datadog with no news, Coinbase hit by the Binance theft

Reddit stock down 29.22%, Roblox down 18.05%, Datadog down 11.50%, AppLovin down 10.36%, Coinbase down 10.62%; Amazon down 1.41%

Reddit stockShort lost 29.22%, closing near its low: beyond the results, the fear is that Google's artificial intelligence takes traffic away from the platform. RobloxLong fell 18.05% on results, DatadogLong 11.50% with no news of its own, AppLovinShort 10.36%. CoinbaseShort lost 10.62% with lower revenue and the $6.3 billion theft at Binance, the largest in crypto history. Among other US stocks, AmazonShort limited its fall to 1.41% after a much worse night, closing near the session high on three times its median volume.

How I read itReddit stocks are on sell in our model. The short on AppLovin stands at plus 52.10%, the one on Coinbase at plus 12.72%, the one on Amazon at plus 6.40%. On Datadog and Roblox the model is long, at minus 12.26% and minus 5.52%: on Roblox the published stops were passed at the close. PalantirLong reports tonight with the price 1.22% above the weekly level, AppleLong 4.87% above.
Reddit short (G / P) · Roblox long (G / P) · Datadog long (G / P) · AppLovin short (G / P) · Coinbase Global short (G / P) · Amazon short (G / P) · Palantir Technologies long (G / P) · Apple long (G / P) *
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🩺
HEALTHCARE AND ENERGY
Regeneron leads healthcare, Exxon and Chevron hold up energy

Regeneron stock up 13.33%, Vertex up 3.50%, Eli Lilly up 3.19%, Gilead up 3.06%, Exxon up 2.16%, Chevron up 1.75%, ConocoPhillips up 2.67%

RegeneronLong gained 13.33%, closing near its high, on a quarter above expectations. Alongside it VertexLong rose 3.50%, Eli LillyLong 3.19%, GileadLong 3.06%, MerckLong 2.18% and AbbVieLong 1.41% with its full-year guidance raised. In energy ConocoPhillipsLong rose 2.67%, ExxonLong 2.16% and ChevronLong 1.75% on results. Among defensives PepsiCoLong rose 2.65% and WalmartLong 1.86%.

How I read itThis is the side where the model has the most buy exposure: AbbVie plus 35.44%, Gilead plus 27.11%, Chevron plus 25.69%, Merck plus 22.15%, Exxon plus 19.31%, Regeneron plus 15.26%, Eli Lilly plus 12.77%. Many of these trades have already passed their profit-taking windows, and are managed with the weekly Reversal Point.
Regeneron Pharmaceuticals long (G / P) · Vertex Pharmaceuticals long (G / P) · Eli Lilly long (G / P) · Gilead Sciences long (G / P) · AbbVie long (G / P) · Merck long (G / P) · Exxon Mobil long (G / P) · Chevron long (G / P) · ConocoPhillips long (G / P) · PepsiCo long (G / P) · Walmart long (G / P) *
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🇮🇹
ITALY
Amplifon slumps despite higher profit, chips weigh, Moncler and Campari rise

Milan stocks: Amplifon stock down 14.50%, STMicroelectronics down 5.27%, Prysmian down 3.92%, Avio down 3.34%; Moncler up 2.42%, Campari up 1.83%, Nexi up 1.16%, Eni up 0.91%

Amplifon stockLong lost 14.50%, closing near its low: third-quarter profit grew 49% and the 2026 guidance was confirmed, but the company's remark about markets distorted by product launches weighed. STMicroelectronics stockShort fell 5.27% with chips, PrysmianShort 3.92% with international electrical names, AvioLong 3.34%, BuzziLong 2.50%, UniCredit stockShort 1.97%, TenarisLong 1.90%, Stellantis stockShort 1.86% and Intesa Sanpaolo stockShort 1.24%.

On the upside MonclerShort rose 2.42%, CampariLong 1.83%, NexiLong 1.16%, Eni stockLong 0.91%, ItalgasLong 0.74% and SnamLong 0.65%. Enel stockLong and Leonardo stockShort were flat. Italian October inflation rose to 5.4% against the 4.6% expected, and the BTP-Bund spread widened.

How I read itAiTrading67 is on sell on the banks and much of industry, and nearly all those trades remain in profit: Stellantis plus 29.71%, Prysmian plus 18.25%, Moncler plus 17.20%, UniCredit plus 7.36%, Intesa Sanpaolo plus 6.94%. Eni stays long at plus 18.18%. Nexi confirmed its weekly buy, Enel and Buzzi have their new signal; On Amplifon stocks the model is long, at minus 13.14%, with the stops passed. Ferrari reaches tomorrow's results 2.26% below the weekly level.
Amplifon long (G / P) · STMicroelectronics short (G / P) · Prysmian short (G / P) · Avio long (G / P) · Buzzi long (G / P) · UniCredit short (G / P) · Tenaris long (G / P) · Stellantis Milano short (G / P) · Intesa Sanpaolo short (G / P) · Moncler short (G / P) · Davide Campari-Milano long (G / P) · Nexi long (G / P) · Eni long (G / P) · Italgas long (G / P) · Snam long (G / P) · Enel long (G / P) · Leonardo short (G / P) · Ferrari short (G / P) *
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🇪🇺
EUROPE
AstraZeneca and Sanofi lead healthcare, Infineon and Lloyds lag

European stocks: AstraZeneca up 6.96%, Bayer up 5.46%, Sanofi up 4.71%, Capgemini up 3.70%, EssilorLuxottica up 3.42%; Infineon down 6.39%, Lloyds down 5.23%

AstraZenecaLong gained 6.96%, the best stock in the FTSE 100, on a strong quarter and a $1.5 billion savings plan. BayerLong rose 5.46% after winning the first Roundup trial since the US Supreme Court ruling, SanofiLong 4.71% with guidance raised, CapgeminiLong 3.70% on revenue, and EssilorLuxotticaLong 3.42%.

At the bottom InfineonShort fell 6.39% with chips and LloydsShort 5.23% with the British bank surcharge.

How I read itCapgemini closed October with the monthly on buy, and the weekly trade stands at plus 24.54%. AstraZeneca is long at plus 8.86%, EssilorLuxottica at plus 1.71%. Sanofi and Bayer are new signals this week, born after a very wide move: anyone assessing them now is assessing them after the run.
AstraZeneca long (G / P) · Sanofi long (G / P) · Bayer long (G / P) · EssilorLuxottica long (G / P) · Capgemini long (G / P) · Infineon Technologies short (G / P) · Lloyds Banking short (G / P) *
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📈
INDICES
Milan and Paris end October on sell on the monthly

European indices: the FTSE MIB ETF falls 1.15%, the DAX ETF 0.89%, the CAC 40 ETF 0.10%, the FTSE 100 ETF 0.04%

On Friday the FTSE MIB ETFShort lost 1.15%, the DAXShort ETF 0.89%, the CAC 40Short ETF 0.10% and the FTSE 100Long ETF 0.04%. The British basket remains the only one on buy on the weekly, 1.92% above the level. The German one is on sell, 0.43% below, the French one 0.96%, the Italian one 2.37%.

The model's short stands at plus 5.03% on the Italian basket, on sell since 31 August. Some 68% of DAX companies are above the 200-day average, against 33% of the whole German market: the index is held up by its largest names.

How I read itThe news is on the monthly: the Italian and French baskets ended October on sell. For Milan it is the first change since November 2022, and it says the long trend has stopped supporting those buying the dips. The monthly signal is read over months: it does not say where the price will be next week.
FTSE 100 ETF long (G / P) · CAC 40 ETF short (G / P) · DAX ETF short (G / P) · FTSE MIB ETF short (G / P) *
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📈
OUR MODEL
23 new signals, across utilities, healthcare and defence

This week's new buy signals: European utilities, healthcare and defence, with Avio, ENAV, Enel and Sanofi among the actionable ones

The weekend analysis published 23 new buy signals, confirmed by the close of Friday 30 October, and 15 are actionable. The profile is defensive: utilities such as EnelLong, HeraLong and TernaLong, healthcare with SanofiLong, AbbottLong and VertexLong, defence with AvioLong and RTXLong.

On Mondays this section lists them in full: below are the actionable ones, each with its reading. The daily is on buy on all of them.

Instrument
Signal of the day
Weekly confirmed
My reading
🇺🇸 NCLHLong
Norwegian Cruise Line
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
High Strength and high volatility: a wide expected move, to be managed with discipline. Monthly against.
🇮🇹 AVIOLong
Avio
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
Aligned on daily, weekly and monthly: the tidiest profile in the cohort, though a volatile one.
🇺🇸 EIXLong
Edison International
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
A recovery against a monthly sell, with high volatility.
🇩🇪 BAYNLong
Bayer
results 3/11
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
Up on the Roundup trial win, with results tomorrow: the move has already happened.
🇺🇸 HONLong
Honeywell International
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
Ordinary volatility, monthly against: a signal to size carefully.
🇮🇹 BZULong
Buzzi
results 5/11
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
Monthly against and a multi-year resistance right above: Thursday's results decide.
🇫🇷 BNLong
Danone
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
Contained volatility, a defensive name: a slower expected move.
🇮🇹 ENAVLong
ENAV
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
Aligned on all three horizons, contained volatility.
🇫🇷 SANLong
Sanofi
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
Up after results, guidance raised: the monthly is still against.
🇩🇪 ALVLong
Allianz
results 12/11
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
Monthly aligned, contained volatility, results in 10 days.
🇩🇪 EXH9Long
European utilities ETF
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
The European utilities ETF confirms the buy, monthly aligned.
🇮🇹 ENELLong
Enel
results 12/11
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
Buy confirmed, though a recovery against the monthly.
🇮🇹 HERLong
Hera
results 11/11
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
A recovery against the monthly, a contained expected move.
🇮🇹 TRNLong
Terna
BUY
week closed 30/10
buy confirmed
born with the 30/10 candle
A recovery against the monthly, a contained expected move.
How I read itThis cohort was born while technology was losing ground, with a cautious opening judgement on all the actionable names. The monthly is against on 11 of the 23: for those names the monthly level is the first obstacle. Among the Italians Avio and ENAV are aligned on every horizon. Past data do not guarantee future results.
Norwegian Cruise Line long (G / P) · Avio long (G / P) · Edison International long (G / P) · Bayer long (G / P) · Honeywell International long (G / P) · Buzzi long (G / P) · Danone long (G / P) · ENAV long (G / P) · Sanofi long (G / P) · Allianz long (G / P) · European utilities ETF long (G / P) · Enel long (G / P) · Hera long (G / P) · Terna long (G / P) · Abbott Laboratories long (G / P) · RTX long (G / P) · Pulmonx long (G / P) · SLB long (G / P) · Halliburton long (G / P) · FedEx long (G / P) · Vertex Pharmaceuticals long (G / P) · Johnson & Johnson long (G / P) *
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📅
CALENDAR
Apple and Palantir tonight, AMD and Ferrari tomorrow

This week's earnings: Apple and Palantir on Monday 2 November, AMD and Ferrari on Tuesday 3, Qualcomm and Arm on Wednesday 4, Buzzi and Siemens Healthineers on Thursday 5

37 companies in our universe report this week among those we follow most closely. Tonight AppleLong and PalantirLong; on Tuesday AMDShort and FerrariShort; on Wednesday QualcommShort, ArmShort and DatadogLong; on Thursday BuzziLong. Dates from company calendars.

Monday 2 November

Apple Long

Palantir Technologies Long

Vertex Pharmaceuticals Long

Roku Long · under a public tender offer by Fox at $96 and 0.9693 Fox shares per share: the price follows the offer, not the results

Cipher Digital Short

Tuesday 3 November

Ferrari Short

Advanced Micro Devices Short

Arista Networks Short

Astera Labs Short

Amgen Long

Booking Short

Shopify Long

Pfizer Long

Fiserv Long

Duolingo Short

Eaton Short

Bayer Long

Wednesday 4 November

QUALCOMM Short

ARM Short

AppLovin Short

Datadog Long

Uber Technologies Short

McDonald's Long

Novo Nordisk Short

MercadoLibre Short

Telecom Italia Short

BPER Banca Short

Bayerische Motoren Werke Short

Thursday 5 November

Siemens Healthineers Long

Buzzi Long

Tenaris Long

Rheinmetall Short

Airbnb Long

ConocoPhillips Long

Toyota Motor Long

Cloudflare Short

Friday 6 November

Moderna Long

How I read itOur model reaches results on sell on 19 names out of 37. Apple reaches tonight long, 4.87% above the weekly level; AMD short, 15.91% below; Ferrari short, 2.26% below. Any trading strategy that carries a position into results starts from knowing where the weekly level is.
Apple long (G / P) · Palantir Technologies long (G / P) · Vertex Pharmaceuticals long (G / P) · Roku long (G / P) (under a public tender offer by Fox at $96 and 0.9693 Fox shares) · Cipher Digital short (G / P) · Ferrari short (G / P) · Advanced Micro Devices short (G / P) · Arista Networks short (G / P) · Astera Labs short (G / P) · Amgen long (G / P) · Booking short (G / P) · Shopify long (G / P) · Pfizer long (G / P) · Fiserv long (G / P) · Duolingo short (G / P) · Eaton short (G / P) · Bayer long (G / P) · QUALCOMM short (G / P) · ARM short (G / P) · AppLovin short (G / P) · Datadog long (G / P) · Uber Technologies short (G / P) · McDonald's long (G / P) · Novo Nordisk short (G / P) · MercadoLibre short (G / P) · Telecom Italia short (G / P) · BPER Banca short (G / P) · Bayerische Motoren Werke short (G / P) · Siemens Healthineers long (G / P) · Buzzi long (G / P) · Tenaris long (G / P) · Rheinmetall short (G / P) · Airbnb long (G / P) · ConocoPhillips long (G / P) · Toyota Motor long (G / P) · Cloudflare short (G / P) · Moderna long (G / P) *
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📆
MACRO CALENDAR
European inflation on Wednesday, US jobs on Friday

This week's economic calendar: ISM manufacturing index on Monday 2 November, US midterm elections on Tuesday 3, euro area inflation on Wednesday 4, Bank of England on Thursday 5, US payrolls on Friday 6

The macro events of the next seven days that can move the indices, in Central European time. Today the US manufacturing index; on Tuesday the US midterm elections; on Wednesday the euro area inflation flash; on Thursday the Bank of England; on Friday the US jobs report.

Monday 2 November

16:00 · United States · October ISM manufacturing index high impact

Tuesday 3 November

16:00 · United States · September job openings high impact

Wednesday 4 November

11:00 · Euro area · Euro area October inflation, flash estimate high impact

16:00 · United States · October ISM services index high impact

Thursday 5 November

13:00 · United Kingdom · Bank of England: rate decision high impact

Friday 6 November

14:30 · United States · October payrolls and unemployment high impact

16:00 · United States · University of Michigan consumer sentiment, preliminary high impact

Further ahead, the central banks

Wednesday 18 November · Fed: minutes of the October meeting

Times are Central European. The calendar can change: central bank dates are those published by the banks themselves.

How I read itA macro number does not change the weekly signal, it tests it. With Italian inflation surprising on the upside, Wednesday's European figure is the most awaited for our markets.
S&P 500 long (G / P) · Invesco QQQ Trust short (G / P) · FTSE 100 ETF long (G / P) · DAX ETF short (G / P) · CAC 40 ETF short (G / P) · FTSE MIB ETF short (G / P) · European banks ETF short (G / P) · US financials ETF long (G / P) *
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📈
UNITED STATES
SPY stays on buy by a whisker, QQQ moves away from its level

SPY and QQQ technical analysis, the S&P 500 ETF and the Nasdaq ETF: SPY falls 1.77% and the long holds, QQQ falls 3.47% and stays on sell

SPYLong, the S&P 500 ETF, lost 1.77%, 3.31% below its all-time high. The weekly average of high, low and close stayed just above the weekly level, so the buy signal born in April holds, at plus 11.22%; the close sits 0.47% below the level. QQQShort, the Nasdaq 100 ETF, lost 3.47%, 9.49% below its record and 6.23% below the weekly level. The short born with the 16 October candle stands at plus 2.72%.

On both the daily turned to sell on Friday. On SPY all three profit-taking windows have passed, and the trade is managed with the weekly Reversal Point. Some 59% of S&P 500 companies are above the 200-day average, 20 points more than the whole US market.

How I read itThe Nasdaq 100 lost almost twice as much as the S&P 500, because half its basket is technology. This week's candle decides on SPY: a weekly average below the level would flip the signal after 29 weeks.
S&P 500 long (G / P) · Invesco QQQ Trust short (G / P) *
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The desk's take

The big picture: earnings week, Milan on sell for the month

On Friday the market sold chips and everyone living off artificial intelligence spending, and bought energy, healthcare and defensives. The S&P 500 kept its weekly signal by a whisker, the Nasdaq 100 moved away from its own. In Milan Amplifon made the day, and the basket ended October on sell on the monthly. From tonight it is the turn of results.

What you find here. If you are trying to understand how to manage risk in trading, with stops, break-even stops, trailing and the declaration of stops that have been taken out, or how to read chart patterns (double bottoms, Bollinger bands, the Ichimoku cloud, price action trading), this is the desk's trading journal: published every morning before the US premarket, with our model's position on every instrument mentioned.

Previous editions
30 October 2026ETF and stock technical analysis: AI sends the bill to Alphabet and ServiceNow, Amazon stock drops 7% after hours; in Milan Prysmian rises 6.64% and Campari falls 6.64%29 October 2026ETF and stock technical analysis: the Fed holds rates, Alphabet stock falls 10% after hours on results; in Milan Stellantis stock jumps 15.38%, Oracle 10.73%28 October 2026ETF and stock technical analysis: STMicroelectronics stock jumps 7.11% in Milan, Snam 2.84%, AMD stock rises 5.45% after the Meta deal, Boeing stock falls 10.69%, Valero 9.24%27 October 2026ETF and stock technical analysis: Avio stock jumps 5.81% in Milan, Brazil plunges after Lula, Banco do Brasil stock falls 29.33%, the Petrobras ADR 13.99%, Texas Instruments stock rises 4.72%23 October 2026ETF and stock technical analysis: Prysmian stock falls 7.61% in Milan, the semiconductor ETF drops 6.79% and Nvidia stock 4.40%22 October 2026ETF and stock technical analysis: Prysmian stock rises 3.88% in Milan, the US technology ETF gains 1.67% and Super Micro stock jumps 9.55%View all editions on the tag page →

* Our system. The rows of names at the foot of each card carry our model's position, long or short. Position from the latest published weekly analysis. Levels, targets and the trading plan sit in each instrument's own page. The two letters in brackets lead to the instrument page (G) and the full analysis (P).

Disclaimer. The content on this page is published for educational and informational purposes and reflects the author's personal opinion and technical analysis. It does not constitute financial advice, an investment solicitation, or a personalised recommendation. Trading in financial instruments carries a high level of risk and may result in substantial loss of the capital invested. Every operating decision rests solely with the reader, who acts independently and in full awareness of that risk. AiTrading67 is not a broker or financial intermediary and is not affiliated with any broker or trading platform.
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