Good Morning BullBuzzers!
“He who conquers himself is the mightiest warrior.”
⚡TODAY IN 10 SECONDS
Wholesale prices jumped 6.3% from a year ago, yet the 10-year yield fell 9 basis points to 5.10%, and the Dow gained 1.1% Thursday while chips fell an eighth straight day, with futures mixed this morning.
Today’s idea is Toll Brothers ($TOL), a luxury homebuilder, with import prices at 8:30 AM and monthly options expiry.
FOCUS OF THE DAY
Secret #1: Master Yourself
Thursday tested self-control. Chips fell an eighth straight day, so the urge to bottom-fish was loud, while a 6.3% PPI made selling feel smart. Yesterday’s ideas show the cost of reacting: $WMB hit its $70.80 stop and was exited by rule, and $MRK filled and ran within $0.16 of Target 1 before fading.
Mastering yourself means the plan, not the mood, picks the trade. Write down entry, stop, and size before the open, and do not change them because a candle scares or excites you.
Find all 10 Secrets to Success at the bottom of today’s issue.
📰 HEADLINES
Wholesale inflation surges. September PPI rose 1.3% on the month against 0.5% expected and 6.3% from a year ago, while core jumped 0.7%. Retail sales rose 0.8%, but only 0.2% without gas. (Schwab, Babypips, Yahoo Finance)
Bonds ignore the hot data. The 10-year yield fell about 9 bps to 5.10% and the 30-year about 10 bps to 5.43%, lifting homebuilders and retailers. The Dow rose 1.1%, the Russell 2000 1.4% and the Nasdaq 0.1%. (TheStreet, Yahoo Finance, Vantage Markets)
Chips extend their slide. The chip index fell an eighth straight day, and Korea’s Kospi fell 8% Thursday before bouncing 2% overnight. TSMC posted a record profit but slipped about 2% on a margin dip, while CoreWeave rebounded 5.9%. (Yahoo Finance, TheStreet, Investrade)
Oil climbs on supply risk. WTI settled more than 3% higher after a large US crude draw, and Brent sits near $105 to $106 as Hormuz attacks continue. Washington is weighing easing sanctions on shadow-fleet tankers. (Reuters via Business Recorder, Vantage Markets, Investrade)
Proofpoint buys Varonis. Thoma Bravo’s Proofpoint will pay $49.75 a share in cash, about $6.3 billion, a 17% premium to the September 1 close. Closing is expected in the first half of 2027. (Varonis SEC filing, Investrade, Bloomberg Government)
🎯 IDEA OF THE DAY
Toll Brothers builds luxury homes for move-up, empty-nester, and active-adult buyers across the US.
Why this name? Homebuilders bounced Thursday as the 10-year fell, and $TOL’s affluent buyers are often less rate-sensitive, so it can hold up better if yields stay high. It bounced after probing a three-month low of $128.44 on Wednesday, and its next report is expected in December, outside the window.
The honest risk is the 10-year is still 5.10% and December hike odds are high, so a yield spike would hit builders first.
🔔 HEADING INTO THE OPEN
Bird’s-Eye: Futures are mixed after Thursday’s rebound and chips remain the weak link, so the index bounce proves little. Do not chase green on expiry Friday; wait for 8:30 import prices and the first 30 minutes before adding risk. Warsh gave no hint on October, so keep rate risk in every position.
Ground Level: Truist missed estimates ($1.16 vs $1.21) while Citizens beat ($1.41 vs $1.39), so do not trade regional banks as one group. Favor the beat with a bigger buyback over the miss, and size small until the first hour sorts the winners.
Under The Hood: Import prices and industrial production at 9:15 test whether Thursday’s PPI is spreading. Expiry can pin or whip $SPY near round strikes, so use limit orders and smaller size. If the 10-year climbs back above 5.20%, expect Thursday’s builder and retail bounce to fade first.
In partnership with
Yes, that Arnold Schwarzenegger.
He has a newsletter on beehiiv. So do Codie Sanchez, Jay Shetty, David Begnaud, Colin & Samir, and Joanna Stern.
They could publish just about anywhere. They chose beehiiv to build a direct connection with the people who want to hear from them most. And you can do the same, whether you’re world-famous or just at the start of your plan for world domination.
For education only — not financial advice. BullBuzz™ by TRDR Media shares opinion and analysis, not recommendations to buy, sell, or hold any security. TRDR Media is not a registered investment adviser and does not manage or solicit funds. Trading and investing carry a substantial risk of loss and aren't suitable for everyone. Any prices, levels, or data may be delayed or estimated, and past results or prior calls don't guarantee future performance. You alone are responsible for your decisions. Consult a licensed financial advisor before trading.