DAILY MARKET BRIEFING 22 OCTOBER 2026
S&P 500 7,663.43 -1.21% NASDAQ 26,008.86 -2.60% DOW 52,867.98 +0.02% RUSSELL 2,784.03 +0.11% FTSE 10,764.70 -1.08% DAX 25,319.77 -1.18% VIX 19.03 +14.09% US 10Y 4.95% -19 bp BTC 81,311.89 -3.21% ETH 2,386.19 -3.42%
U.S. CLOSE EDITION

POOL leads, TTMI lags — U.S. market close

SharpeIQ Research Desk · data as of 22 Oct 2026 close

A close-to-close read on the latest session across US equity indices, rates, commodities, the semiconductor complex and options volatility, with notable insider filings and headlines.

1 Movers. POOL led gainers at +14.36%
2 Vol. 3 semis are realizing above implied (HV/IV > 1).
3 Laggards. TTMI led decliners at -27.67%.

1 Global Dashboard

Close-to-close moves across US equity indices, rates and crypto. Front-month contracts: Silver -4.63%; Brent Crude +4.00%; Copper -2.76%.

Index / ContractLast1 Day1 Wk1 MoYTD52-Wk RangeTrend
US EQUITY INDICES
S&P 500 7,663.43 -1.21% -1.04% -0.55% +11.95% 6,343.727,818.93
Nasdaq Composite 26,008.86 -2.60% -2.64% -3.44% +11.90% 20,794.6427,599.79
Dow Jones Industrial 52,867.98 +0.02% +1.32% +2.63% +10.00% 45,166.6454,349.12
Russell 2000 2,784.03 +0.11% +0.61% -1.92% +12.17% 2,305.113,068.42
INTERNATIONAL
FTSE 100 (UK) 10,764.70 -1.08% +1.02% +0.99% +8.39% 9,507.4010,910.60
DAX (Germany) 25,319.77 -1.18% +0.17% +0.06% +3.39% 22,300.7526,569.99
RATES & VOLATILITY
CBOE VIX 19.03 +14.09% +15.61% +25.36% +27.29% 13.4731.05
US 10-Year Yield 4.95% -19 bp -14 bp -16 bp +79 bp 3.95%5.31%
US 30-Year Yield 5.29% -15 bp -14 bp -11 bp +45 bp 4.54%5.67%
US 5-Year Yield 4.77% -20 bp -13 bp -23 bp +105 bp 3.51%5.09%
CRYPTO (24H)
Bitcoin 81,311.89 -3.21% -0.23% -2.68% -7.08% 58,558.86105,996.59
Ethereum 2,386.19 -3.42% -1.39% -11.09% -19.58% 1,564.823,568.46
ENERGY
WTI Crude 99.47 +2.39% +1.53% +7.93% +73.23% 55.27112.95
Brent Crude 113.17 +4.00% +6.84% +9.79% +85.98% 58.92118.35
Natural Gas 2.80 +0.22% -13.60% -7.51% -24.15% 2.527.46
METALS
Gold 4,060.40 -2.16% -2.63% -5.97% -6.47% 3,960.505,318.40
Silver 54.76 -4.63% -3.65% -14.94% -21.92% 47.12115.08
Copper 6.36 -2.76% -2.29% -4.72% +13.01% 4.936.80

Table 1. Close-to-close through 22 Oct. Rate changes in basis points; crypto is 24-hour; commodities are front-month contracts. Trend = trailing two weeks.

2 Semiconductors & Technology

Semiconductor and megacap-tech price action by horizon.

SEMICONDUCTOR COMPLEX — PRICE & VOLATILITY
TickerNameSpot1 Day1 WkYTDATM IVIV %ile30d HVHV/IV
NVDA NVIDIA 212.21 -4.40% -2.31% +13.92% 35% 21st 29% 0.84
AMD Adv. Micro Devices 507.93 -8.10% -9.66% +137.17% 63% 65th 51% 0.82
AVGO Broadcom 323.24 -4.31% -6.12% -6.09% 37% 9th 38% 1.02
AMAT Applied Materials 375.58 -8.16% -12.66% +46.67% 52% 38th 52% 1.02
TXN Texas Instruments 279.50 -1.81% +0.14% +63.81% 50% 85th 28% 0.57
MU Micron 856.49 -6.26% -8.03% +200.26% 50% 4th 48% 0.95
SNDK SanDisk 1,260.93 -8.51% -9.60% +431.19% 70% 10th 57% 0.81
WDC Western Digital 354.19 -6.43% -0.63% +105.75% 68% 28th 69% 1.00
STX Seagate 642.14 -7.86% -7.05% +133.17% 67% 32nd 69% 1.03

Table 2. Price by horizon + at-the-money implied vol (≈30-day, annualized), 52-week IV percentile, trailing 30-session realized vol and HV/IV. HV/IV > 1.0 (highlighted) = realizing more than implied. Memory/storage tickers highlighted.

MEGACAP TECHNOLOGY
TickerNameSpot1 DayYTDTrend
AAPL Apple 348.22 +1.23% +28.44%
MSFT Microsoft 521.08 -2.23% +8.43%
GOOGL Alphabet 324.22 -3.15% +3.79%
AMZN Amazon 250.38 -4.57% +8.47%
META Meta Platforms 648.85 -6.98% -1.53%
TSLA Tesla 374.58 -3.08% -16.71%
NFLX Netflix 67.05 +3.09% -28.49%

Table 3. Same conventions as Table 2 (price only).

IMPLIED VS REALIZED — SEMIS
2020404060608080IV = HV · parityNVDAAMDAVGOAMATTXNMUSNDKWDCSTX Implied volatility (%) 30-day realized vol (%)
Figure 1. Above the dashed parity line = realizing more than options imply. Memory/storage highlighted.

3 Session Movers

The session's largest one-day moves in the liquid optionable universe.

TOP GAINERS
TickerNameLast1 Day
POOL Pool Corp 197.21 +14.36%
BMI Badger Meter Inc 149.64 +13.48%
KSS Kohls Corp 24.78 +11.82%
SPOT Spotify Technology S.A. 583.66 +11.10%
ALLE Allegion Plc 176.52 +11.02%
R Ryder System Inc 265.53 +10.49%
TOP LOSERS
TickerNameLast1 Day
TTMI Ttm Technologies Inc 73.89 -27.67%
KALU Kaiser Aluminum Corp 114.99 -25.31%
FPS Forgent Power Solutions, Inc. 24.92 -21.54%
CRS Carpenter Technology Corp 292.26 -20.62%
MRNA Moderna, Inc. 202.63 -17.57%
OII Oceaneering International Inc 36.62 -16.94%

Table 4. Largest one-day moves, liquid U.S. optionable universe (known market cap ≥ $2B). Bars scaled within each panel.

4 Options & Implied Volatility

ATM implied-volatility movers and the semiconductor vol board.

ATM IV RISERS
TickerNameATM IVΔ 1 DayIV %ile
MU Micron Technology Inc 50% +2.70% 4th
AMD Advanced Micro Devices Inc 63% +2.69% 65th
NVDA Nvidia Corp 35% +1.59% 21st
ATM IV CRUSH
TickerNameATM IVΔ 1 DayIV %ile
AMAT Applied Materials Inc /De 52% -4.70% 38th
AVGO Broadcom Inc. 37% -3.48% 9th
STX Seagate Technology Holdings Plc 67% -2.06% 32nd
SNDK Sandisk Corp 70% -1.75% 10th
TXN Texas Instruments Inc 50% -0.32% 85th

Table 5. ATM implied-volatility movers across the semiconductor complex — Δ in vol points vs. prior close; percentile over 52 weeks.

5 Insider Filings, Desk Briefing & Week Ahead

Form 4 flow today: 11 buy / 29 sell prints (buy/sell ratio 0.38), led by AAPL, VKI, NMS.

Insider buy/sell ratio today 0.38 parity 1.00
FORM 4 FILINGS
FiledInsider · TitleTickerNameSideSharesValue
10-22 Newstead Jennifer · SVP, GC and Government Affairs AAPL Apple Inc. SELL 2,399 $815K
10-22 BANK OF AMERICA CORP /DE/ · 10% Owner VKI BUY 105 $843
10-22 BANK OF AMERICA CORP /DE/ · 10% Owner VKI SELL 105 $860
10-22 BANK OF AMERICA CORP /DE/ · 10% Owner NMS BUY 18 $184
10-22 BANK OF AMERICA CORP /DE/ · 10% Owner NMS BUY 82 $841
10-22 BANK OF AMERICA CORP /DE/ · 10% Owner NMS SELL 18 $183

Table 6. Notable Form 4 filings; value = reported transaction value.

DESK BRIEFING
• CRS — Carpenter Technology reported record first quarter operating income of $196.4 million, up 28 percent year-over-year, with adjusted operating margin in the Specialty Alloys Operations segment of 37.7 percent. reported results of operations (SEC 8-K).
• WDC — Western Digital reported fiscal first quarter 2027 revenue of $4.38 billion, up 55% year-over-year, with GAAP diluted EPS of $4.63 and non-GAAP diluted EPS of $4.64. reported results of operations (SEC 8-K).
• WDC — WESTERN DIGITAL CORP reported results of operations (SEC 8-K).
THE WEEK AHEAD
WhenEvent
Fri 23 Oct INFY earnings — today
Fri 23 Oct RCI earnings — today
Fri 23 Oct RDY earnings — today
Fri 23 Oct FCNCA earnings — today
Fri 23 Oct AXP earnings — today
Fri 23 Oct E earnings — today
Fri 23 Oct SLB earnings — today
Fri 23 Oct ITW earnings — today

Table 7. Upcoming earnings, next three weeks.

For informational purposes only — not investment advice, a recommendation, or an offer to buy or sell any security. Data may contain errors or omissions.

DAILY MARKET BRIEFING sharpeiq.com/research 22 OCTOBER 2026