Kevin Hincks on Crude & Yield Latest Moves, Big Tech Earnings Ahead
Schwab Network
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October 19, 2026 at 02:16 PM UTC
Bullish
90% Confidence
Watch on YouTube
Key Points
- AI and tech stocks are rebounding following last week's sell-off, with Coreweave up 6% pre-market after a Goldman Sachs upgrade to 'buy'.
- Crude oil prices are lower, and 10-year Treasury yields have decreased, easing some macroeconomic pressures.
- A significant week for mega-cap tech earnings is ahead, including Tesla, Meta, and Netflix, which will influence market direction.
- Housing data releases and Fed rate hike probabilities (October at 14.5%) are also key economic watchpoints, with AI's long-term disinflationary impact noted.
AI Summary
The video highlights a rebound in AI and tech stocks, driven by a Goldman Sachs upgrade for Coreweave and broader market optimism. Macroeconomic factors like crude oil and yields are showing signs of cooling, while a busy week of mega-cap tech earnings and housing data is anticipated. The Fed's October rate hike probability has decreased, partly due to comments on AI's long-term disinflationary potential.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Bullish | 90% |
| Consensus | Bullish | 90% |