Here’s what’s happening in the stock market today:
The stock market is experiencing a cautious selloff today as investors react to fading hopes for an imminent Federal Reserve rate cut and ongoing concerns about the strength of the artificial intelligence trade. 📉📉 Futures for the major U.S. indices are down, with the S&P 500, Dow Jones, and Nasdaq all showing losses, reflecting a broader retreat in tech stocks and a rise in market volatility.
Major Indices Performance 📊
S&P 500 futures are down about 0.2%, continuing a monthly decline after a strong start to the year.
Dow Jones Industrial Average futures are also down roughly 0.2%, though the index remains up for the month overall.
Nasdaq futures have dropped about 0.36%, led by weakness in tech and AI-related stocks.
Market Movers 🚀
Tech stocks are under pressure, with AI-related names seeing notable declines.
Some healthcare and energy stocks are gaining modestly as investors rotate out of tech and seek diversification.
TMCV is among the top gainers, rising 3.2%, while Infosys is down 2.33%.
Key Events Driving the Market 🗞️
Hawkish comments from Federal Reserve officials have dampened expectations for a December rate cut, leading to increased selling pressure.
The VIX volatility index has risen, signaling heightened investor anxiety.
Oil prices remain elevated, adding to inflation concerns and complicating the Fed’s policy outlook.
Investor Sentiment 👀
Investor mood is cautious, with subdued trading volume as market participants weigh the risks of tighter monetary policy and sector rotation away from tech.
Markets are reflecting a mix of optimism from earlier gains and concern over the Fed’s stance and persistent inflation pressures.
Overall, the market is on edge today, with tech stocks leading the retreat and investors closely watching for further signals from the Federal Reserve and economic data.
Crash Expert: “This Looks Like 1929” → 70,000 Hedging Here
Mark Spitznagel, who made $1B in a single day during the 2015 flash crash, warns markets are mimicking 1929. Yeah, just another oracle spouting gloom and doom, right?
Vanguard and Goldman Sachs forecast just 5% and 3% annual S&P returns respectively for the next decade (2024-2034).
Bonds? Not much better.
Enough warning signals—what’s something investors can actually do to diversify this week?
Almost no one knows this, but postwar and contemporary art appreciated 11.2% annually with near-zero correlation to equities from 1995–2024, according to Masterworks Data.
And sure… billionaires like Bezos and Gates can make headlines at auction, but what about the rest of us?
Masterworks makes it possible to invest in legendary artworks by Banksy, Basquiat, Picasso, and more – without spending millions.
23 exits. Net annualized returns like 17.6%, 17.8%, and 21.5%. $1.2 billion invested.
Shares in new offerings can sell quickly but…
*Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd.
TRADE OF THE DAY:
GLD
Name: SPDR Gold Shares
Symbol: GLD
Current Price: ~$375.68
Trade
Sell to Open: 1 GLD Nov 21, 2025 364/359 Put Vertical
Total Credit Received: $59.00
Credit per Contract: $59.00
Direction: Bullish (expects GLD to stay above break-even)
Probability of Profit (PoP): 84.07%
Potential ROI:
Max Risk (Loss): $441.00
ROI: ($59.00 ÷ $441.00) × 100 ≈ 13.4%
Trade Explained in Simple English:
You are selling the 364 strike put and buying the 359 strike put, both expiring November 21, 2025. You receive $59 upfront, and you profit as long as GLD finishes above about $363.41 at expiration. If GLD stays above that level, both options expire worthless and you keep the credit. Your maximum loss is limited to $441 if GLD closes at or below 359, which makes this a bullish, defined-risk income trade.
Wall Street Highlights:
News Beyond the Numbers
Walmart CEO Doug McMillon announced his upcoming departure after leading the company for over a decade, signaling a major leadership change for the retail giant. Read more.
Merck is close to finalizing a $9.2 billion acquisition of biotech firm Cidara Therapeutics, boosting its portfolio in flu prevention treatments. Read more.
Paramount, Comcast, and Netflix are preparing competing bids for Warner Bros. Discovery, marking a significant potential shakeup in media industry ownership. Read more.
Famed investor David Tepper is increasing his stakes in China and the U.S. appliance maker Whirlpool, reflecting confidence in these sectors despite market volatility. Read more.
StubHub shares plunged nearly 18% premarket following its first earnings report, which disappointed investors by lacking future quarter guidance. Read more.
Disclaimer: The content provided by OptionPicks is for informational and educational purposes only and should not be construed as investment, financial, legal, or tax advice. We are not registered as a broker-dealer, investment adviser, or financial advisor with the SEC, FINRA, or any other regulatory authority. Options trading involves substantial risk and is not suitable for every investor. Past performance is not indicative of future results, and no representation is being made that any subscriber will or is likely to achieve profits or incur losses similar to those mentioned. You should consult with a licensed financial professional before making any investment decisions.
