Thursday - November 12, 2026
Show notes
Brian Szytel recaps a down Thursday for markets, with the Dow down 189 points, the S&P 500 down about 0.3%, and the Nasdaq down about 0.4% after a midday rebound faded into the close. He highlights energy and rate moves, noting WTI crude rose about 2.8% to roughly $88 after hopes for a Middle East-related deal were dampened by comments from the Trump administration, while the 10-year Treasury jumped 14 basis points to 5.13%. Economic data was light, with jobless claims slightly worse than expected (200K vs. 195K) and existing home sales in line at 3.8 million. The major equity story was NVIDIA’s CEO resignation, which sparked an early plunge before the stock closed down about 5% and left shares down 31% over 60 days, prompting a valuation-and-risk-focused discussion on whether the stock is an attractive entry point. He also mentions a Microsoft Office/Outlook server issue affecting users.
00:00 Welcome and Setup
00:19 Market Close Recap
00:45 Oil and Rates Surge
01:40 Economic Data Check
01:55 NVIDIA CEO Resigns
02:42 Valuation and Risk Lessons
03:37 Is It a Buy Now
05:01 Microsoft Outage Update
05:28 Wrap Up and Next Episode
05:43 Disclosures and Disclaimers
Links mentioned in this episode: DividendCafe.com