Morning Intelligence·Monday, October 26, 2026
Stocks edge higher before the open, with no single story leading
SPY is up 0.4% and QQQ up 0.7% at 8:15 AM ET, with no large company moving enough to make the list.
- Data through
- Market data as of
- Published
- By
- Blockhaven Research
In this edition
Opening read
Index proxies are modestly higher: SPY is up 0.4% and QQQ up 0.7% at 8:15 AM ET, with no single development behind the move.
No large company cleared Blockhaven's premarket movers threshold. Blockhaven's Macro read is Transition, computed Sunday before Monday's session, with Risk Appetite near neutral and firming; the largest change is Risk Appetite, up 3 points over 5 snapshots to 53, so it offers background rather than a signal for the open. Also scheduled: Welltower after the close. The first test is whether SPY holds above Friday's $759.97 close once regular trading begins.
Overnight / pre-market tape
At 8:15 AM ET, SPY is up 0.4% and QQQ is up 0.7% versus the prior close. The 10-year Treasury yield rose 4 bp to 5.00% on Friday, the VIX closed Friday at 19.4, and Bitcoin trades at $80,261 (−0.1% over 24 hours).
Earnings radar
Overnight results
- Verizon (VZ) filed its quarterly results before the open (8-K Item 2.02). The release also includes an outlook.[1]Before the open
Coming today
- Welltower (WELL) is listed to report after the close.[2]After the close
- Cadence Design (CDNS) is listed to report after the close.[2]After the close
- Nucor (NUE) is listed to report after the close.[2]After the close
- Public Storage (PSA) is listed to report after the close.[2]After the close
- The Hartford Insurance Group (HIG) is listed to report after the close.[2]After the close
Report timing comes from Nasdaq's public earnings calendar and is not company-confirmed; results are cited only when they appear in a company filing.
What we're watching at the open
- 1
Whether SPY holds above Friday's $759.97 close
SPY is up 0.4% at 8:15 AM ET. Holding above the prior close through the session would confirm the premarket direction.
- 2
Welltower is listed to report after the close
Results after the close reach the market after the regular session, so they bear on the next open. Timing is from a public earnings calendar, not the company.
Blockhaven Macro
Regime read: Transition
Blockhaven's read, computed Sunday, Oct 25, 8:20 PM ET, is Transition. Risk Appetite 53 (inside its neutral band, up 3 over 5 snapshots); Liquidity 33 (below its neutral band, up 1 over 5 snapshots); Crypto 42 (inside its neutral band, down 2 over 5 snapshots). Its Market Stress and Vol Event Risk engines are elevated.
Risk Appetite sits inside its neutral band, so the read does not lean either way on risk; Liquidity, below its band, is the one reading clearly off neutral. The regime read, Risk Appetite, Crypto, Market Stress and Upside Expansion are only partly verified against public data, so treat them as provisional.
Macro read computed .
Market context
Each figure carries its own date and time, and they were not observed simultaneously. Treasury yields are prior-day closes and Bitcoin is a rolling 24-hour reading.
Data note
Data through 8:15 AM ET. Nasdaq public market data for quotes and SEC EDGAR for company filings. Blockhaven's Macro read was computed Sunday, Oct 25, 8:20 PM ET.
This edition was compiled and published automatically from public sources under Blockhaven's standing editorial policy. An editor did not review it individually before release.
Condition scores, not probabilities. Thresholds are currently uncalibrated. Historical validation and calibration are in progress, and no hit rates or return claims are published. Macro methodology
Source checks completed .
Sources
- 1.
U.S. Securities and Exchange Commission
SEC EDGAR company filings(opens in a new tab)Accessed October 26, 2026
- 2.
- 3.
- 4.
U.S. Department of the Treasury
Daily Treasury interest rate statistics(opens in a new tab)Accessed October 26, 2026
- 5.
- 6.
- 7.
Blockhaven
Blockhaven Macro snapshot (public projection)Accessed October 26, 2026 · Snapshot dated 2026-10-25, methodology 2026.07.23-netliq-weekly.
Corrections and updates
No corrections or updates have been made to this piece.
Blockhaven research is published for information and education. It is not personalized investment advice.