Market summary — October 2, 2026

02 Oct 2026

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Scanner summary — 10/02/2026

150 stocks were reviewed. 56 are in a bullish underlying trend (above their MA200), 42 are beating the S&P 500 over the last ~3 months, and the group's average RSI is 42.1.

Top 5 by score

TickerPriceScoreTrendRSIRS vs S&PP/E
BETA $21.73 90.55 ↑ Bullish 48.63 17.15pp N/A
PMVP $1.75 83.65 ↑ Bullish 71.51 40.61pp N/A
MU $1097.39 82.71 ↑ Bullish 63.52 9.67pp 14.33
NVDA $230.86 81.45 ↑ Bullish 60.22 15.79pp 28.89
ARQT $25.29 80.77 ↑ Bullish 47.58 -4.85pp 114.95

Stock-by-stock read

BETA — It's in a bullish underlying trend (above its 200-day average), and an RSI of 48.63 suggests it isn't overbought yet — there's room before the momentum runs out. The daily MACD confirms short-term bullish momentum. Relative volume of 0.33x is below normal — little interest today. The analysts' average target price implies +47.3% upside — one of the score's strongest signals.

PMVP — It's in a bullish underlying trend, but an RSI of 71.51 already puts it in technically overbought territory — the next leg could come with more volatility. The daily MACD confirms bullish momentum, and the price just broke its 20-day high — two short-term technical signals lining up. Today's volume is 2.19x average — well above normal activity, a sign of real interest. The analysts' average target price implies +140.0% upside — one of the score's strongest signals.

MU — It's in a bullish underlying trend (above its 200-day average), with an RSI of 63.52 in a neutral zone. The daily MACD confirms bullish momentum, and the price just broke its 20-day high — two short-term technical signals lining up. Relative volume of 1.82x is somewhat above normal. The analysts' average target price implies +38.5% upside — one of the score's strongest signals. With a PEG of 0.16, the price looks cheap relative to how fast earnings are expected to grow. Today it holds rank #1 in the Monsters group on Smart Scanner's upside + relative volume ranking.

NVDA — It's in a bullish underlying trend (above its 200-day average), with an RSI of 60.22 in a neutral zone. The daily MACD confirms bullish momentum, and the price just broke its 20-day high — two short-term technical signals lining up. The analysts' average target price implies +41.9% upside — one of the score's strongest signals. With a PEG of 0.48, the price looks cheap relative to how fast earnings are expected to grow. Today it holds rank #9 in the Monsters group on Smart Scanner's upside + relative volume ranking.

ARQT — It's in a bullish underlying trend (above its 200-day average), and an RSI of 47.58 suggests it isn't overbought yet — there's room before the momentum runs out. The daily MACD confirms short-term bullish momentum. Relative volume of 0.46x is below normal — little interest today. The analysts' average target price implies +46.3% upside — one of the score's strongest signals.

This week's economic calendar

  • Fri 11 Sep, 12:30 — CPI m/m ★★★ (forecast 0.4%)
  • Fri 11 Sep, 12:30 — CPI y/y ★★★ (forecast 3.4%)
  • Fri 11 Sep, 12:30 — Core CPI m/m ★★★ (forecast 0.2%)
  • Fri 11 Sep, 12:30 — Core CPI y/y ★★★ (forecast 2.4%)
  • Fri 11 Sep, 14:00 — Prelim UoM Consumer Sentiment ★★☆ (forecast 51.0)
  • Fri 11 Sep, 14:00 — Prelim UoM Inflation Expectations ★★☆
  • Tue 15 Sep, 14:00 — Treasury Sec Bessent Speaks ★★☆
  • Wed 16 Sep, 12:30 — Retail Sales m/m ★★☆ (forecast 0.8%)
  • Wed 16 Sep, 12:30 — Core Retail Sales m/m ★★☆ (forecast 0.6%)
  • Wed 16 Sep, 18:00 — FOMC Economic Projections ★★★
  • Wed 16 Sep, 18:00 — Federal Funds Rate ★★★ (forecast 4.00%)
  • Wed 16 Sep, 18:00 — FOMC Statement ★★★
  • Wed 16 Sep, 18:30 — FOMC Press Conference ★★★
  • Thu 17 Sep, 12:30 — Philly Fed Manufacturing Index ★★☆ (forecast 31.3)
  • Thu 17 Sep, 12:30 — Unemployment Claims ★★☆ (forecast 207K)
  • Tue 22 Sep, 13:55 — President Trump Speaks ★★☆
  • Thu 24 Sep, 12:30 — Unemployment Claims ★★☆ (forecast 201K)
  • Thu 24 Sep, 14:15 — President Trump Speaks ★★☆
  • Thu 24 Sep, 23:55 — President Trump Speaks ★★☆
  • Fri 25 Sep, 14:00 — Revised UoM Consumer Sentiment ★★☆ (forecast 47.4)
  • Fri 25 Sep, 14:00 — Revised UoM Inflation Expectations ★★☆
  • Tue 29 Sep, 14:00 — JOLTS Job Openings ★★☆ (forecast 7.23M)
  • Tue 29 Sep, 14:00 — CB Consumer Confidence ★★☆ (forecast 89.2)
  • Wed 30 Sep, 12:15 — ADP Non-Farm Employment Change ★★☆ (forecast 73K)
  • Wed 30 Sep, 12:30 — Final GDP q/q ★★★ (forecast 1.5%)
  • Wed 30 Sep, 12:30 — Final GDP Price Index q/q ★★☆ (forecast 6.4%)
  • Wed 30 Sep, 12:30 — Core PCE Price Index m/m ★★★ (forecast 0.3%)
  • Wed 30 Sep, 19:30 — President Trump Speaks ★★☆
  • Wed 30 Sep, 22:00 — FOMC Member Kashkari Speaks ★★☆
  • Thu 01 Oct, 12:30 — Unemployment Claims ★★☆ (forecast 201K)
  • Thu 01 Oct, 14:00 — ISM Manufacturing PMI ★★☆ (forecast 54.8)
  • Thu 01 Oct, 14:00 — FOMC Member Waller Speaks ★★☆
  • Fri 02 Oct, 12:30 — Non-Farm Employment Change ★★★ (forecast 89K)
  • Fri 02 Oct, 12:30 — Average Hourly Earnings m/m ★★★ (forecast 0.3%)
  • Fri 02 Oct, 12:30 — Unemployment Rate ★★★ (forecast 4.1%)

Today's takeaway

The picture is mixed: 56 of 150 stocks are above their 200-day average, with no clear dominant trend. The group's average RSI (42.1) is in a neutral zone. 42 of 150 stocks are beating the S&P 500 over the last ~3 months (positive relative strength); the rest are moving slower than the broader market. 8% of the group (12 of 150) is breaking out of its 20-day range today, led by PMVP, MU, NVDA — notable technical activity worth watching. On RSI extremes: 3 in overbought territory (RSI ≥ 70) and 29 oversold (RSI ≤ 30). NXL stands out with today's highest relative volume (3673.8x its average) — a sign of unusually heavy trading interest. This week there are high-impact events on the economic calendar that could move the market: CPI m/m (11 Sep), CPI y/y (11 Sep), Core CPI m/m (11 Sep).

Disclaimer

This summary is generated automatically by combining the results of the daily scanner, the economic calendar, and technical and fundamental market indicators. It's informational and educational content — not a buy or sell recommendation, nor personalized financial, legal, or tax advice. Investing carries risk, including possible loss of invested capital, and past performance does not guarantee future results. Data may be incomplete, delayed, or contain errors. Before making any decision, consult a registered and authorized investment advisor in your jurisdiction, and read our full disclaimer.