WEEK INTO THE CLOSE — RECAP Of the 32 short-term Hot Ideas that closed this week, 20 finished up and 12 down. MRNA led at +20.1%, while MRVL finished at -13.8%. The closed ideas averaged +1.0%, versus -0.9% for SPY. Data as of 15:30 ET. MODEL PORTFOLIOS — THIS WEEK The GPT Invest Mid-Term model portfolio returned -2.5% this week, -1.6 pp versus SPY. The Max AI Rating model portfolio returned -0.9%, +0.0 pp versus SPY, and the Hot Ideas model portfolio returned -1.7%, -0.8 pp versus SPY. YTD: GPT Invest Mid-Term +31.6%; Max AI Rating +25.7%; Hot Ideas +24.2%. Model/hypothetical, excludes fees. HOT IDEAS ON RADAR 36 active today. Three have recent earnings or regulatory developments behind them: SIGSignet Jewelers LimitedShares gained 16.5% over 21 sessions and reached a fresh 52-week high on October 16. An earnings beat, raised full-year guidance and a $125 million accelerated repurchase support the breakout, though the rapid rise raises pullback risk. IBRXImmunityBio, Inc.The FDA expanded ANKTIVA’s approved use on October 14. Q2 product revenue grew 92% year over year, and shares gained about 18% over 21 sessions; losses and nearby resistance make this speculative. MRSHMarsh & McLennan Companies, Inc.Third-quarter underlying revenue grew 5%, while adjusted EPS rose by double digits and beat consensus. Shares closed at a 21-session high on October 15 after gaining about 7.5%. Others on radar COSTCTSHERICBLKUNHOLLIONCNOWDRHCCL+23 more MARKET PULSE Hormuz tensions pushed U.S. crude above $100 as September inflation reached 3.7%, ahead of the 3.6% forecast. Treasuries headed for strong weekly gains as investors sought safety, and the Nasdaq looked set to end its run of weekly gains. Fed Chair Kevin Warsh gave no rate guidance. |