October 26, 2026

By Nigam Arora

To gain an edge, this is what you need to know today.

High Earnings Bar

Please click here for a chart of leverage semiconductor ETF (SOXL).

Note the following:

• Semiconductors reflect the AI trade, and SOXL is the momo crowd’s favorite.
• The chart shows SOXL is attempting to rally this morning.
• The chart shows SOXL remains below the low band of zone 3 (resistance).
• RSI on the chart continues to show divergence.
• Prudent investors should carefully watch to see if SOXL is able to break above the low band of zone 3.
• 36% of S&P 500 companies are reporting earnings this week.