Weekly Market Memo 2026-10-12

KaitTrades

Weekly Market Memo

Week of Oct 12, 2026

Stocks Push Higher, Oil Holds $90

Last Week SummaryU.S. stocks finished the week higher, with the S&P 500 gaining approximately 1.2% as the stock market continued its upward Trend. Crude Oil prices closed above $90 per barrel, driven by global tensions and concerns about oil supply. Looking ahead, traders will be watching inflation reports and company earnings, which could cause bigger price swings and create new trading opportunities.

The Top 3 Takeaways

1Bullish momentum continues, creating opportunities to trade with the upward trend.

2Watch energy stocks, as rising oil prices could create trading opportunities.

3Prepare for volatility, as CPI and major bank earnings could trigger market swings.

How We Traded It

MES · Long · 15mTRADE ALERTS

Trade entered Oct 9, 2026

PROFIT$53

RISK$53

RESULT+1.0R

A 15-Minute Long Trade to splice into the current strong uptrend.

MCL · Short · 5mTRADE ALERTS

Trade entered Oct 7, 2026

PROFIT$178

RISK$124

RESULT+1.4R

A Short-Term Short Trade on Crude Oil before the recent move up to $90 per barrel.

This Week's Watchlist & Trade Plan

BUY PICKS3

Micro S&P 500 (/MES) BUY
Activated Wick-Over-Wick Reversal & Gap Up

7881.75
▲ +0.14%
As of 10/11, 10:13 PM ET

Entry 7824.25Stop 7783.00Target 7865.50

ORCL BUY
Pullback with Higher Lows, 10/9 Gap Up

141.40
▲ +4.59%
As of 10/11, 10:13 PM ET

Entry 138.13Stop 134.66Target 141.87

/6S (Swiss Franc) BUY
Activated 2-Candle Flip

1.2142
▼ -1.54%
As of 10/11, 10:13 PM ET

Entry 1.2103Stop 1.20855Target 1.21215

SELL PICKS3

Micro Gold (/MGC) SELL
Fake-Out into Current Downtrend

4236.9
▲ +0.07%
As of 10/11, 10:13 PM ET

Entry 4305.4Stop 4351.7Target 4264.0

INTU SELL
Rally into Strong Bearish Sell Zone

302.75
▼ -0.37%
As of 10/11, 10:13 PM ET

Entry 312.58Stop 323.86Target 300.13

Australian Dollar (/6A) SELL
Rally into Fresh Sell Zone

.69765
▲ +0.08%
As of 10/11, 10:13 PM ET

Entry .70000Stop .70215Target .69770

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kaittrades.com · DISCLOSURES: KaitTrades is an educational company. Kait and KaitTrades are not registered as an investment adviser, broker-dealer, commodity trading advisor or in any similar capacity. This memo is general, impersonal education. It is not investment, legal, tax or trading advice, a recommendation, or an offer to buy or sell any security, futures contract or currency. BUY, SELL and WATCH labels, levels and scenarios show how Kait analyzes markets and are not personalized to any reader. Trading stocks, futures, options and forex involves substantial risk of loss, including losing more than your initial investment, and is not suitable for everyone. Past performance does not guarantee future results. RESULTS ARE NOT TYPICAL: the trades shown are selected examples among our best, may not include losing trades, and do not reflect what the average trader or student should expect. Studies of retail traders have found that most lose money, and you may lose money too. We make no promise or guarantee of profit. Examples may be hypothetical or simulated and not executed in a live account, and they exclude commissions, fees and slippage. Hypothetical results have inherent limitations, including being designed with hindsight, and no representation is made that any account will achieve similar results. Prices and data come from third parties and may be delayed or inaccurate. Kait and KaitTrades may hold positions in markets discussed and may trade differently than shown. Consult a licensed professional before making financial decisions. You use this information at your own risk.