Weekly Market Insights: November 9 to 13, 2026

The names below fall into four themes: chip leaders repairing last week's damage, AI infrastructure reports, power and policy, and one special situation. Before the open, pull up each company's news, financials and analyst activity in one place with Trade Ideas' free Stock Info tool, so your plan starts from the latest facts.

Support and resistance levels mark areas to watch, and price reaching one is no reason to act by itself. Wait for price to test a level, then look for confirmation: a 5-minute candle that closes back on the right side of the level after sellers or buyers fail to push through. If you take a trade off that reaction, the logical stop sits on the other side of the level. With the VIX above 25, levels get overshot more often, so give a test a few minutes before you judge it. New to this? Start with our support and resistance basics.

Setup Difficulty: Moderate (High Liquidity, Wide Post-Crash Ranges)

Read the map from the top. Friday's bounce died at $194.90, just under the $196.07 to $200.13 gap Thursday left behind, and buyers trapped inside that gap are the first sellers any rally meets. A move back into the gap is the real repair signal. The cushion below is thin: Thursday's low sits less than 3% under Friday's close.

$NVDA fell 9.26% on Thursday to $181.60, then bounced to $186.64 on Friday, finishing the week down 8.8%. The stock now sits about 23% below its October 6 high of $243.37. Nvidia has no scheduled catalyst this week, but it's still the stock the whole chip group watches first.

The $181.46 Thursday low is the line that matters. It's the lowest price on the chart since at least late August, and a clean break below it would tell you Friday's bounce was only short covering (traders who bet against the stock buying shares back to close their positions).

At the open, watch whether Nvidia holds above Friday's $185.22 low. If it reclaims $194.90 and holds there on 5-minute closes, that's the first sign of repair, with the $200 area (the November 4 close and the October 30 low) as the next ceiling. If it loses $181.46 on volume, expect pressure across $AMD, $MU and $AMAT too.

For how capex news filters from hyperscalers to chip suppliers, see our AI capex trading framework.

Setup Difficulty: High Risk / Advanced Only (Daily Ranges Above $50)

Micron's overhead gap runs from $752.69 to $795.23, 9% to 15% above Friday's close, while Thursday's low sits 5.8% below. In a stock that moved $49 to $112 a day last week, either edge is one session away. That's why share size matters more than stop placement here.

$MU fell 17.5% on Thursday, from $795.23 to $656.39, and lost 22% for the week. Friday's 5.1% bounce to $690.00 barely dented that. The stock is roughly 38% below its September 25 high of $1,108.72.

Two stories hit at once. The sector-wide fear about data center regulation hit memory hardest, since high-bandwidth memory is one of the most AI-dependent products in the chip world. Then Bloomberg reported Micron had paused work on a $4.5 billion Taiwan plant after a labor dispute. Qualcomm's weak forecast added a third angle, since it blamed memory costs for softer smartphone chip demand. The whole memory and storage group sold off with it: SanDisk ($SNDK) fell 22% the same day.

Respect the size of the ranges. Thursday's range was nearly $112, and Friday's was almost $49. A stop that feels tight in percentage terms can still be a large dollar loss, so cut your share size before you widen your stop.

If $MU holds above $650.00 and reclaims $724.80, the Thursday low becomes a defended floor. If $650.00 breaks, there's no recent support on the chart nearby, and the move can run quickly.

Setup Difficulty: Moderate to High (Liquid, but Moving 10% a Day)

AMD's 11% bounce looks strong until you place it on the map. Friday's high pushed into Thursday's gap, but the stock closed back below the gap's $452.50 bottom edge, so the first attempt to reclaim it failed. A close back inside the gap, above $452.50, is the confirmation the bounce still needs.

$AMD dropped 17.26% on Thursday to $404.40, two days after its own earnings report, then jumped 11% on Friday to $449.04. It still finished the week down 11.1%, and it trades about 32% below its October 6 high of $658.52.

The November 2 low of $466.07 is the overhead test. A former low often turns into resistance because buyers who got trapped there use the rally to sell at breakeven.

Watch the first hour of Monday. If $AMD holds above Friday's $433.30 low and pushes through $459.80, Friday's buyers stay in control. If it slips back under $433.30, the gap toward the $402.10 Thursday low opens up. Bounces this sharp after a crash can fade quickly, so let price prove it.

Setup Difficulty: Moderate (High Liquidity, ±10% Implied Earnings Move)

Here's the detail most charts won't show you: the top of Thursday's gap, $369.40, sits just above the $367.32 upper edge of what options are pricing for the report. Even a strong reaction of the size traders expect wouldn't fully refill the gap; that takes a bigger-than-priced move. On the downside, the priced range reaches $298.12, well below Thursday's low.

$AMAT reports fiscal fourth-quarter results Thursday after the close, with a call at 4:30 p.m. Analysts expect earnings of $4.06 a share on revenue of $10.30 billion, which would be about 51% revenue growth from a year earlier. The stock fell 14.7% last week and sits about 39% below its October 2 high of $547.25.

That gap between record expected growth and a crushed stock price is the setup. The report will show whether chipmakers are still ordering equipment at full speed, and management's comments on memory customers and China will matter as much as the quarter itself.

Options price a ±10.4% move, about $35 either way from Friday's close. That's a big swing for an unhedged weekly option, which can lose most of its value even if you guess the direction right but the move falls short of what was priced in.

Until Thursday, $AMAT trades with the chip group. After the report, a gap above $348.71 that holds the first 30 minutes Friday would mean the selloff overshot. A gap below $316.95 would put the stock at its lowest level since at least late August.

Setup Difficulty: Moderate (Deep Liquidity, Overnight Earnings Gap Risk)

Cisco closed just 0.5% above its lowest price since late August and never got near Thursday's $100.21 to $103.61 gap. Support this close to the last price is already being tested, so the report will most likely decide it. The last options reading we found (October 27) priced about a ±6.4% move, roughly $6 either way, which on a beat would still stop short of the gap.

$CSCO reports fiscal first-quarter results Thursday after the close, with a call at 4:30 p.m. In August, Cisco guided this quarter to $18.0 billion to $18.2 billion in revenue and $1.32 to $1.34 in non-GAAP earnings per share, a big step up from $14.9 billion in revenue a year earlier. Management also projected about $7.5 billion in AI infrastructure revenue from hyperscalers for fiscal 2027.

The stock isn't acting like a company with that outlook. Cisco fell 10.2% last week and closed at $93.85, its lowest level since at least late August, and it fell 2% on Friday while the Nasdaq rose 1.1%. That kind of relative weakness into a report tells you sellers are still in charge.

The detail to watch is gross margin. Cisco guided non-GAAP gross margin to 65% to 66% and has said memory costs are squeezing product margins. A beat on revenue with a margin miss could still disappoint.

If the stock holds $93.35 before the report, the low is being defended. After the report, a gap that reclaims $97.52 and holds would be the first sign the selloff overshot. A break of $93.35 leaves no nearby support on the recent chart.

Setup Difficulty: High Risk / Advanced Only (±21% Implied Move, Heavy Leverage Story)

CoreWeave closed Friday a few cents under Thursday's gap, and options price a post-earnings range of $36.56 to $56.24. Both edges sit beyond every recent level on the chart, so Wednesday's open is likely to set brand-new reference points. Don't anchor on last week's lines if the stock gaps outside them.

$CRWV reports third-quarter results Tuesday after the close, with a call at 5:00 p.m. The company guided revenue to $3.45 billion to $3.6 billion, and consensus sits near $3.52 billion. CoreWeave also raised its 2026 capital spending plan to $35 billion to $39 billion and guided quarterly interest expense to $860 million to $940 million, up from $640 million.

That interest bill is the heart of the story. CoreWeave borrows heavily to build AI data centers, so the market will judge this report on backlog, financing costs and any change to build plans after the election, more than on the revenue line. The stock closed at $46.40, down 15.4% for the week and about 56% below its September 8 high of $104.59.

Options price a ±21.2% move, roughly $9.85 either way. A move that size can blow through any stop overnight, which is why this is an advanced-only name into the print.

Before the report, $43.11 and $40.58 are the floors. After it, watch whether the first 30 minutes Wednesday hold above or below the opening gap. Gaps on a stock this volatile can fill partway before they find direction.

Setup Difficulty: Moderate (Liquid, ±8% Implied Earnings Move)

Constellation closed Friday right at the bottom edge of the gap it left the day after the election, $248.78 to $263.40. The priced move reaches just past both ends: up to $269.95, above the whole gap, and down to $229.95, almost exactly Thursday's low. In other words, options are pricing a report that either erases the post-election drop or retests the panic low.

$CEG reports before Monday's open, the first major power producer to speak since the election. The stock fell 6.7% on November 4, the day after the vote, as investors worried that slower data center construction would mean less demand for nuclear power contracts. It hit $231.30 Thursday, then rallied 4.3% Friday to $249.95.

The call matters more than the numbers. Listen for any change in data center contract talks, timelines for new deals, and how management describes the political risk. Options price a ±8.0% move, about $20 either way.

Because the report lands before the open, the first 15 minutes Monday will be the reaction. A gap that holds above $252.72 would say the market sees the backlash as overdone. A gap below $231.30 would put the stock at its lowest level since at least late August.

Setup Difficulty: Moderate (Liquid, ±9% Implied Move, Headline-Driven)

The bottom of the priced range, $195.32, lands near the $190.17 launch point of last week's rally. A move the options market already expects would erase most of that 13% run, which shows how much of the pre-GTA VI move rides on Monday's call.

$TTWO reports fiscal second-quarter results Monday after the close, with a call at 4:30 p.m. It's the company's last scheduled investor update before Grand Theft Auto VI launches on November 19 on PlayStation 5 and Xbox. Take-Two has guided fiscal 2027 net bookings to $8.0 billion to $8.2 billion, with GTA VI as the main driver.

The stock did something unusual last week: it rose 13% to $214.87 while the Nasdaq fell 3.4%, bouncing hard off its 52-week low of $183.86 set on October 30. That relative strength makes it one of the few non-defensive names traders bought during the rout.

The binary risk is any change to the launch date, which has already moved twice. Short of that, watch bookings guidance and any comment on pre-order demand. Options price a ±9.1% move, roughly $19.55 either way.

If the stock gaps up and holds above $217.70, the pre-launch run continues. If it gaps down and loses $209.72, the strong week becomes a "sell the news" setup, with the $190.17 October 30 close as the next reference.

Each name below has a real catalyst, but a caveat (thin data, unclear follow-through or extreme volatility) kept it off the priority list.

Three events will shape most of the week. None of them is predictable, so plan for both outcomes and let the market show you which one is playing out.

A core reading of 0.2% or lower would ease December hike pricing. Watch for the 2-year yield to drop below Friday's 4.51%, small caps to outperform, and chips to extend Friday's bounce. A core reading of 0.3% or higher would push the 2-year higher and firm up hike odds. In that case, expect pressure on high-valuation tech and the Russell 2000, and be careful with the first 5-minute candle, since CPI opens can reverse once the details sink in.

The test is simple. If $NVDA and the semiconductor group hold above their November 5 lows through Tuesday, Thursday looks like a capitulation day (a final burst of panic selling that exhausts sellers). If those lows break, the selloff has a second leg, and the AI regulation story is still being priced in. Watch Nvidia's $181.46 and Micron's $650.00 as the two clearest markers.

Cisco and Applied Materials report within minutes of each other. Strong orders and confident guidance from both would challenge the idea that the AI build-out is slowing, and could lift the whole chip and networking complex Friday. Cautious comments about customer spending or data center timing would confirm last week's fears. A split result (one strong, one weak) usually means sector-wide chop on Friday rather than a clean trend.