The SPX Dip Everyone Is Afraid to Buy

2026-10-08 / Heather Vanek

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The S&P 500 and Nasdaq just made new all-time highs, and two down days don’t change my bias. We’re in a positive gamma environment where dips get bought, and the call wall moved up to $7,900 right through the pullback. I also walk through Micron, Microsoft, Palo Alto Networks, and why oil looks great but I’m still not buying it.

Earnings season kicks off next week with the banks. If you want an edge going in, my partner in the Small Lot room, Allison Ostrander, has an earnings strategy I haven’t seen anyone else use. Catch her webinar replay here.

Heather Vanek