Sep 29, 2026 · 15 min
Stocks absorb 5% Treasury yields before inflation data
Nasdaq, S&P 500 Hold Firm Ahead Of Inflation Report: SharkNinja, Advantest, ASE Technology In Focus
The episode examines whether resilient indexes can hold key technical support as higher yields, a stronger dollar, and the inflation report test sentiment.
- 1Major indexes posted modest losses but stayed resilient as the 10-year Treasury yield moved above 5%.
- 2A stronger dollar pressured gold and gold miners while weakness in oil and crude prices weighed on related stocks.
- 3SharkNinja, Advantest, and ASE Technology emerge as stocks to watch ahead of the inflation report.
Don't miss
The hosts assess how the Nasdaq and S&P 500 are testing moving-average support while the 10-year Treasury yield remains above 5%.
The brief
Justin Nielsen and Ken Shreve frame a modestly weaker session: the Nasdaq, S&P 500, Dow, and Russell 2000 all slipped, but none showed a decisive break.
The central tension is resilience versus rates: indexes held up while the 10-year Treasury yield moved above 5%, and oil stocks weakened alongside crude prices.
A stronger dollar added pressure to gold and gold miners, while the hosts examined moving-average support on the Nasdaq and S&P 500.
The stock watch centers on SharkNinja, Advantest, and ASE Technology, with semiconductor equipment names in focus before the inflation report.
The episode’s clearest takeaway is technical rather than dramatic: market support is being tested, but the major indexes remain relatively firm ahead of new inflation data.
What was said on this episode
8 statements · 7 positive · 1 negative
Nasdaq currently shows technical strength despite elevated Treasury yields
“I don't think you can deny the technical strength right now of the NASDAQ. It still looks pretty good from a technical perspective.”
Listen at 4:23
The market is performing strongly despite Treasury yields above five percent
“the market is doing as well as it has been”
Listen at 4:50
A strengthening dollar typically pushes gold prices lower
“typically when the dollar is strengthening, you're going to see gold going in the opposite direction”
Listen at 6:41
Advantest has broken above a trend line and is showing strong price action
“this has a trend line that it's broken above. So kind of interesting action here. Very strong today.”
Listen at 9:25
ASE Technology appears poised to retest resistance near 45.52
“it looks like it's trying to challenge that area again”
Listen at 10:33
ASE Technology presents a strong technical setup in semiconductor manufacturing
“a strong look for the manufacturing space”
Listen at 10:45
SharkNinja appears to be recovering technically
“it looks like it's on the recovery path right now”
Listen at 11:42
SharkNinja may break above nearby resistance and finish the month strongly
“So we'll see if it can cross above that and finish strong for the month”
Listen at 11:55
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.