Friday, October 16, 2026

Stocks Falling into Afternoon on Mideast War Resumption Fears, Mideast War-Induced Inflation Worries, AI Infrastructure Buildout Concerns, Tech/Biotech Sector Weakness

Overseas Futures:

  • Nikkei 225 Futures: Indicating -1,240 open in Japan 
  • China A50 Futures: Indicating -214 open in China
  • KOSPI 200 Futures: Indicating -17 open in South Korea 
  • DAX Futures: Indicating -25 open in Germany
Portfolio:
  • Modestly Lower: On losses in my consumer discretionary/biotech/tech sector longs
  • Disclosed Trades: Added to my (IWM)/(QQQ) hedges and emerging market shorts
  • Market Exposure: Moved to 25% net long

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