Episode 1456: Thursday - November 12, 2026

Brian Szytel recaps a down Thursday for markets, with the Dow down 189 points, the S&P 500 down about 0.3%, and the Nasdaq down about 0.4% after a midday rebound faded into the close. He highlights energy and rate moves, noting WTI crude rose about 2.8% to roughly $88 after hopes for a Middle East-related deal were dampened by comments from the Trump administration, while the 10-year Treasury jumped 14 basis points to 5.13%. Economic data was light, with jobless claims slightly worse than expected (200K vs. 195K) and existing home sales in line at 3.8 million. The major equity story was NVIDIA’s CEO resignation, which sparked an early plunge before the stock closed down about 5% and left shares down 31% over 60 days, prompting a valuation-and-risk-focused discussion on whether the stock is an attractive entry point. He also mentions a Microsoft Office/Outlook server issue affecting users.

00:00 Welcome and Setup

00:19 Market Close Recap

00:45 Oil and Rates Surge

01:40 Economic Data Check

01:55 NVIDIA CEO Resigns

02:42 Valuation and Risk Lessons

03:37 Is It a Buy Now

05:01 Microsoft Outage Update

05:28 Wrap Up and Next Episode

05:43 Disclosures and Disclaimers

Links mentioned in this episode: DividendCafe.com

TheBahnsenGroup.com