Pre-opening Comments for Thursday October 1^st

U.S. equity index futures were higher this morning. S&P 500 futures were up 27 points at 8:30 AM EDT.

Micron (MU) dropped $7.64 to $1,052.47 despite reporting higher than consensus fiscal fourth quarter results.

Alphabet (GOOG) added $6.76 to $347.50 after launching its Gemini 4 Argon model.

Accenture (ACN) advanced $31.15 to $214.52 after reporting higher than consensus fiscal fourth quarter results.

EquityClock’s Market Outlook for October 1^st

The S&P 500 Index has averaged a return of 0.7% in October over the past 50 years with the frequency of gains for the month coming in at 58%. See:

https://equityclock.com/2026/09/30/stock-market-outlook-for-october-1-2026/

Technical Notes

Palo Alto Networks (PANW) a NASDAQ 100 stock moved above $398.88 to an all-time high extending an intermediate uptrend.

Travelers (TRV) a Dow Jones Industrial Average stock moved below $357.66 completing a double top pattern.

First Quantum Minerals (FM.TO) a TSX 60 stock moved below Cdn$35.35 and Cdn$31.02 after the government of Panama recommended an orderly closure of First Quantum Minerals’ mine.

Trader’s Corner

Equity Indices and Related ETFs

Commodities

Sectors

Links offered by valued providers

MRKT Call LIVE From HOOD Summit 2026: Dan Nathan, Katie Stockton and Danny Moses

https://www.youtube.com/watch?v=F5IDFM38CXY

Inflation Data Cools, Bullish S&P Chart Remains Strong, Top Trades For Jobs Report And MU Earnings! Verified Investing

https://www.youtube.com/watch?v=I-66oMDbhDU

The Investment Committee debates the setup into Q4: CNBC

The Investment Committee debates the setup into Q4 – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer dropped another 4.20 to 21.40. It remained Oversold. Daily downtrend was extended.

The short term (20 days) Barometer dropped 3.80 to 23.20. It remained Oversold.

The long term Barometer dropped another 3.80 to 41.80. It remained Neutral. Daily downtrend was extended.

TSX Momentum Barometers

The intermediate term Barometer dropped another 5.99 to a 16 month low at 29.03. It remained Oversold. Daily downtrend was extended.

The short term (20 days) Barometer dropped 3.69 to 28.11. It remained Oversold.

The long term Barometer dropped 0.92 to a 16 month low at 51.61. It remained Neutral.

Disclaimer: Seasonality ratings and technical ratings offered in this report and at

www.equityclock.com are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed.

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