Stocks To Watch – 11/8/2026
The information provided in this Weekly Stocks to Watch list is for educational and informational purposes only. It should not be considered financial advice, investment recommendations, or a solicitation to buy or sell any securities. Trading and investing involve significant risk, and you should only trade with money you can afford to lose. Always conduct your own research or consult with a licensed financial advisor before making investment decisions.
Past performance does not guarantee future results. Options trading involves substantial risk of loss. Percentage shown is the change to the High, the highest recorded price the contract reached since the time it was alerted and does not represent the active value of the alert at this time.
Weekly Market Brief
Last Week in Review:
The Dow fell 0.94%, the S&P 500 lost 2.68% and the Nasdaq dropped 3.37%, and the S&P 500 and Nasdaq both recorded their worst weekly performances since June, making this a clear risk-off week. The dominant theme was an AI-led unwind. Trillions in global equity value were wiped out on Thursday on fears that Democratic midterm wins would bring tighter regulation for the AI industry, and the tech and chip complex took the brunt of it, with the tech sector ETF (XLK) down 8% on the week and the energy sector ETF (XLE) down 12%. Rates added pressure. October payrolls came in at 165,000 against expectations near 59,000, and the ten-year yield pushed back above 4.9%, with futures pricing roughly three-in-four odds of a December rate hike. Friday brought a partial bounce as AI and chip names recovered part of Thursday's selloff, and the VIX eased from its spike, but breadth stayed weak and the Nasdaq logged its fourth straight weekly decline.
Week Ahead — What to Watch:
October CPI on Tuesday, November 10 is the main event. Consensus calls for headline inflation of 3.9% year over year, up from 3.7%, with core expected to have cooled on a monthly basis, and PPI follows on Friday. A hot core print would reinforce hike odds and pressure long-duration tech, while a soft one could fuel a relief bounce in an oversold tape. Fed speakers are also on deck and are worth monitoring after the strong jobs data, with the next rate decision on December 9. On the earnings front, the AI trade gets its next stress test: CoreWeave reports Tuesday after the close, and Cisco and Applied Materials report Thursday evening, with Nebius also on the docket. Both are in focus just days after AI chip stocks fell sharply. Take-Two and Occidental report Monday, and keep an eye on Veterans Day on Wednesday, which closes the bond market but not stocks, along with the Treasury auctions that bracket it. The setup points to elevated volatility and a potential inflection point: if inflation cooperates and AI earnings reassure, last week's flush could mark a short-term low, but a hot CPI paired with weak guidance from AI names would keep pressure on the tape.
