Tuesday - October 27, 2026
Show notes
Brian Szytel broadcasts from the Bahnsen Group’s Newport Beach headquarters on Tuesday, Oct. 27, describing a late-session recovery led by AI-related tech, with mixed underlying breadth: the Dow up 15, S&P 500 up 0.6%, Nasdaq up 1.2%, and the 10-year Treasury ending at 5.0%. With ~40% of S&P 500 companies reporting earnings this week and an FOMC decision imminent, he cautions against top-down investing or positioning around elections, citing Brazil’s surprise result and market drop, and urges a fundamentals-based, bottom-up approach; he notes an upcoming David Bahnsen interview with Mark Halperin on Nov. 5. He reviews economic data (durable goods up 1.8%, softer Case-Shiller, slightly better new home sales, consumer confidence 91.7) and discusses Middle East risk and WTI oil near $100. He also explains high gas prices as a global supply-demand commodity issue, not price gouging, noting U.S. exports of light sweet crude and imports of heavy sour crude for refinery needs.
00:00 Market Wrap and AI Rebound
01:20 Earnings Week and Fed Watch
01:49 Why Top-Down Bets Fail
03:39 Midterms Talk and Upcoming Interview
04:08 Economic Data Rundown
04:56 Oil and Geopolitical Backdrop
05:31 Why Gas Prices Stay High
07:02 Closing Thoughts
Links mentioned in this episode: DividendCafe.com