US stocks slip; energy sector outperforms as breadth turns negative
The S&P 500 fell 1.09%, Nasdaq 2.15% and Dow 0.34% on Oct 16. Energy stocks led gains while most sectors posted declines.
The S&P 500 closed at 7659.44, down 1.09%, the Nasdaq Composite at 26140.03, down 2.15%, and the Dow Jones at 52002.41, down 0.34%. Breadth covered 3474 stocks with 1228 advancers and 2224 decliners, 35.35% advancing. Median change was -0.81% and cap‑weighted change -1.15%. There were 78 new 52‑week highs and 173 new lows. Energy posted the strongest median gain of 1.9% with 76.22% advancing, followed by Utilities (1.26%, 75.2%) and Food (1.07%, 75%). Sectors lagging included Health Care (-2.79%, 12.92%), Technology (-3.45%, 8.27%) and AI (-4.74%, 0.0%).
Top gainers were CRGY (+10.28%, Energy), MTDR (+6.98%, Energy), PAYP (+6.82%, Consumer Discretionary), AR (+6.12%, Energy) and WIT (+5.66%, Technology). Largest losers were BSP (-15.67%, Technology), TLK (-13.73%, Telecommunications), GRAL (-12.99%, Health Care), VICR (-12.92%, Technology) and NVA (-12.53%, Basic Materials). The 200‑day moving average touch signal appeared in 749 stocks. Historically, across 53,860 events since 2022‑05‑18 the median 20‑day move was 0.51% and 52.64% were positive, compared with a baseline median of 0.54% and baseline positive rate of 52.68%.
Chart patterns identified include a channel up on AES (score 93.91), horizontal support/resistance on GJS (92.62), cup and handle on CVE (92.29), another horizontal SR on IHS (88.23), channel down on AUB (88.07) and cup and handle on TAL (86.93). Insider cluster buying was seen in FUL (7 insiders, $1.1 million, filing 2026‑10‑08), GME (3 insiders, $54.7 million, 2026‑10‑02), BPRE (3 insiders, $17.53 million, 2026‑10‑09), AGMB (3 insiders, $0.31 million, 2026‑10‑09), BORR (2 insiders, $23.11 million, 2026‑10‑08), PAM (2 insiders, $7.52 million, 2026‑10‑02), UXIN (2 insiders, $1.08 million, 2026‑10‑09) and CINT (2 insiders, $0.09 million, 2026‑10‑08).
Market breadth
3,474 US stocks with a market cap of at least $300M.
Sectors
Median daily change of the stocks in each sector (sectors with at least 10 stocks).
Biggest moves (market cap $2B+)
Technical signals
How many $300M+ stocks MarketWall's engine flagged, the strongest among $2B+ companies, and -- where available -- what the signal has historically done over the next 20 sessions compared with any 20-session window.
200 SMA Touch
749 stocksHistorically: median +0.51% over the next 20 sessions, higher 53% of the time (any 20-session window: +0.54%, 53%). Full track record →
BOLL Breakout
267 stocksHistorically: median +0.52% over the next 20 sessions, higher 53% of the time (any 20-session window: +0.54%, 53%). Full track record →
BOLL Breakdown
414 stocksHistorically: median +0.95% over the next 20 sessions, higher 54% of the time (any 20-session window: +0.54%, 53%). Full track record →
Volume Spike
13 stocksHistorically: median +0.70% over the next 20 sessions, higher 53% of the time (any 20-session window: +0.54%, 53%). Full track record →
Strongest chart patterns
| AES · The AES Corporation | Channel Up |
| GJS · Goldman Sachs Group Securities STRATS Trust for Goldman Sachs Group Securities Series 2006-2 | Horizontal S/R |
| CVE · Cenovus Energy Inc | Cup & Handle |
| IHS · IHS Holding Limited | Horizontal S/R |
| AUB · Atlantic Union Bankshares Corporation | Channel Down |
| TAL · TAL Education Group | Cup & Handle |
Insider cluster buying
Two or more insiders each buying $25K+ on the open market within 30 days, with a filing in the last two weeks (SEC Form 4).
| FUL · H. B. Fuller Company | 7 insiders · $1.10M |
| GME · GameStop Corporation | 3 insiders · $54.70M |
| BPRE · Bluerock Private Real Estate Fund | 3 insiders · $17.53M |
| AGMB · AgomAb Therapeutics NV | 3 insiders · $311K |
| BORR · Borr Drilling Limited | 2 insiders · $23.11M |
| PAM · Pampa Energia S.A. | 2 insiders · $7.52M |
| UXIN · Uxin Limited ADS | 2 insiders · $1.08M |
| CINT · CI&T Inc | 2 insiders · $90K |
Computed by MarketWall from daily closing prices, its own signal engine and SEC Form 4 filings. The summary at the top is written by an AI model from these figures and checked so that it only uses numbers shown on this page. Historical figures describe the past, not the future. Not investment advice.