A busy week of big bank earnings and inflation reports left the major averages mostly lower, but the Dow Jones was able to post a small gain.
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Opinion Changes For October 16th 2026
Just some of the more than 5,000 stocks and ETFs we cover.
KWR
AVOID
QUAKER CHEMICAL CORP
↓ Downgraded
$156.96
CODI
AVOID
COMPASS DIVERSIFIED
↓ Downgraded
$10.01
USAS
NEUTRAL
Americas Gold and Silver Corporation
↓ Downgraded to Neutral
$3.78
MarketEdge Feed
AI Debt Concerns Rattle Technology Stocks
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The Defense Takes the Field
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AI debt fears triggered another selloff in tech stocks today and the NASDAQ led the broader market lower.
Technology Stocks Rally on Declining Breadth
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The technical condition of the market remains mixed as the period came to a close. Despite record highs from the NASDAQ and NDX 100, underlying breadth remains extremely weak. Fresh record highs in the tech heavy indexes were accompanied by more new 52-lows than new highs, a divergence that has occurred only twice before in market history...
Trading Ideas For October 16th 2026
A few picks from today's Best Longs.
AUGO
LONG
Aura Minerals Inc. Common Shares
↑ Upgraded
$74.85
SND
LONG
Smart Sand Inc. Common Stock
↑ Upgraded
$5.27
UTHR
LONG
UNITED THERAPEUTICS
↑ Upgraded
$532.78
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Market Recap - 10/16/2026
Index
Close
Day Change
Day % Change
YTD % Change
NASDAQ COMPOSITE
26140.03
-573
-2.15%
12.47%
DJ UTILITIES
1081.98
15.48
1.45%
1.3%
DJ TRANSPORT
19879.83
-226.85
-1.13%
14.53%
DJ INDUSTRIALS
52002.41
-175.28
-0.34%
8.2%
NYSE COMPOSITE
24088.63
21.98
0.09%
9.47%
S & P 100 INDEX
3807.62
-47.52
-1.23%
10.93%
RUSSELL 2000
2721.37
-45.9
-1.66%
9.65%
S&P 500
7659.44
-84.62
-1.09%
11.89%
CBOE MKT VOLATILITY
19.99
3.53
21.45%
33.71%
AMEX COMPOSITE
8538.5
175.09
2.09%
24.34%
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Click For More DetailsMarket Recap - 10/16/2026
| Index | Close | Day Change | Day % Change | YTD % Change |
|---|---|---|---|---|
| NASDAQ COMPOSITE | 26140.03 | -573 | -2.15% | 12.47% |
| DJ UTILITIES | 1081.98 | 15.48 | 1.45% | 1.3% |
| DJ TRANSPORT | 19879.83 | -226.85 | -1.13% | 14.53% |
| DJ INDUSTRIALS | 52002.41 | -175.28 | -0.34% | 8.2% |
| NYSE COMPOSITE | 24088.63 | 21.98 | 0.09% | 9.47% |
| S & P 100 INDEX | 3807.62 | -47.52 | -1.23% | 10.93% |
| RUSSELL 2000 | 2721.37 | -45.9 | -1.66% | 9.65% |
| S&P 500 | 7659.44 | -84.62 | -1.09% | 11.89% |
| CBOE MKT VOLATILITY | 19.99 | 3.53 | 21.45% | 33.71% |
| AMEX COMPOSITE | 8538.5 | 175.09 | 2.09% | 24.34% |
Pricing
BEST VALUE
Annual
$500
$325
/yr
Big Savings
Monthly
$49.95
$29.95
/mo
Cancel anytime
✓
Daily Second Opinion® on 5,000+ stocks
✓
Nightly alerts on your watchlist
✓
Trading Ideas, Power Ratings & more
No commitment · Cancel anytime
About MarketEdge
MarketEdge is a unique suite of investment tools developed by Computrade Systems, Inc. The purpose of our service is to provide quality, independent research in a manner that is both easily understandable and immediately actionable for individual investors as well as professional money managers. MarketEdge features Second Opinion®, a comprehensive computer-generated technical evaluation of more than 5000 stocks, along with fundamental research from Standard & Poor's. MarketEdge will generate daily investment ideas for every type of trading strategy thereby enabling one to trade and invest with a consistent, disciplined approach in all market environments.