Tuesday - November 3, 2026
Notas del episodio
Brian Szytel hosts Dividend Cafe on Tuesday, November 3, noting mixed but slightly positive markets (Dow down ~0.5%, S&P 500 up ~0.3%, Nasdaq up ~0.8%) amid a modest return of the AI/tech trade. With Q3 earnings about two-thirds complete, he highlights that EPS growth is broadening beyond the “Mag Seven,” with total index EPS growth near 30%, Mag Seven up 22%, and the rest of the index outperforming; energy leads percentage growth due to oil price moves tied to the Iranian war. He previews upcoming economic data (ADP, PMI, nonfarm payrolls) and mentions midterm results coverage later. He reviews stronger JOLTS data (openings ~7.5M vs 7.1M) and explains GM’s move from NYSE to Nasdaq as largely cosmetic/branding with minor fee savings and potential Nasdaq-100 inclusion driving passive inflows, with no change to S&P status.
00:00 Market Wrap and Rotation
00:54 Earnings Breadth Beyond Mag Seven
02:21 Week Ahead Data and Elections
02:54 Job Openings Labor Signals
03:37 Why GM Moves to Nasdaq
04:51 Index Flows Branding and Wrap Up
05:45 Closing Thanks and Sign Off
Links mentioned in this episode: DividendCafe.com