The Trade Signal βΊ Nov 12, 2026 βΊ Pre-market
Futures Lower Overnight as VIX Rises
Equity futures trade below fair value while volatility climbs ahead of the US open.
Today's economic calendar
| Time (ET) | Event | Impact | Actual | Forecast | Previous |
|---|---|---|---|---|---|
| 2:00 AM ET | GB GDP Growth Rate QoQ Prel (Q3 2026) | High | 0.7% | 0.7% | 0.4% |
| 2:00 AM ET | GB GDP Growth Rate YoY Prel (Q3 2026) | High | 1.9% | 1.9% | 1.2% |
| 2:00 AM ET | GB GDP MoM (Sep. 2026) | High | 0.2% | 0% | 0% |
| 8:30 AM ET | Initial Jobless Claims (w/o Nov. 2, 2026) | Medium | β | 195K | 189K |
| 10:00 AM ET | Existing Home Sales (Oct. 2026) | High | β | 3.85M | 3.99M |
| 10:00 AM ET | Existing Home Sales MoM (Oct. 2026) | Medium | β | β | 1.5% |
| 11:30 AM ET | 4-Week Bill Auction Allotted at High (Nov. 12, 2026) | Medium | β | β | β |
| 11:30 AM ET | 4-Week Bill Auction Bid-to-Cover (Nov. 12, 2026) | Medium | β | β | β |
| 11:30 AM ET | 4-Week Bill Auction Total Accepted (Nov. 12, 2026) | Medium | β | β | β |
| 12:00 PM ET | EIA Ethanol Production (w/o Nov. 2, 2026) | Medium | β | β | 1,143K |
| 12:00 PM ET | EIA Ethanol Stocks (w/o Nov. 2, 2026) | Medium | β | β | 24,434K |
| 12:00 PM ET | EIA Crude Oil Stocks Change (w/o Nov. 2, 2026) | Medium | β | -1.483M | -0.865M |
| 12:00 PM ET | EIA Gasoline Stocks Change (w/o Nov. 2, 2026) | Medium | β | -0.35M | -0.222M |
| 12:00 PM ET | EIA Crude Oil Exports Change (w/o Nov. 2, 2026) | Medium | β | β | -1.179M |
| 1:00 PM ET | 30-Year Bond Auction Allotted at High (Nov. 12, 2026) | Medium | β | β | β |
| 1:00 PM ET | 30-Year Bond Auction Bid-to-Cover (Nov. 12, 2026) | Medium | β | β | β |
Calendar times are ET and come from TradingView's public calendar, an unofficial feed; times and figures can change.
Earnings today
Before the open
- BN Brookfield Corporation
- NBIS Nebius Group N.V. Class A
- ASND Ascendis Pharma A/S
After the close
- CSCO Cisco Systems, Inc.
- AMAT Applied Materials, Inc.
- NU Nu Holdings Ltd. Class A
- CBRS Cerebras Systems, Inc. Class A
Time not confirmed: WSM, MOG.A, FRHC
US-listed companies over $10B market cap, largest first. Report dates and times come from TradingView (unofficial feed) and can change.
Overnight
S&P 500 futures are β0.75% at 7,585.75, inside a range of 7,572.00 to 7,648.50. Nasdaq 100 futures are β1.38% at 28,092.00, while Dow futures are β0.39% at 52,387. Russell 2000 futures are β0.68% at 2,835.00. The VIX is +8.47% at 19.08, up from an overnight low of 17.46.
Markets
Gold is β1.60% at $3,928.20, after reaching $4,005.90 overnight. WTI crude is +1.49% at $87.62, trading between $85.13 and $87.75. Bitcoin is β2.61% at $72,625. The dollar index is +0.01% at 102.94. The 10-year yield is 4.998%.
Movers
LUNR leads pre-market gainers at +10.10%, trading at $13.41 on 1.24M of volume. CDNL leads decliners at β39.63%, trading at $9.05 on 225.0K of volume. NBIS sees the heaviest pre-market volume at 6.37M shares, down β14.67%.
Levels to watch
S&P 500 pivot points are PP 7,612.82, R1 7,653.76, S1 7,578.44, with prior-day range 7,571.88 to 7,647.20. Nasdaq 100 pivot points are PP 28,356.84, R1 28,610.93, S1 28,120.16, with prior-day range 28,102.75 to 28,593.52.
Overnight moves
Change since the prior session's close; the range covers the overnight session up to the time shown. Data as of 8:30 AM ET.
Index futures & volatility
| Instrument | Last | Chg | Chg % | Range |
|---|---|---|---|---|
| S&P 500 futures (ES) | 7,585.75 | β57.25 | β0.75% | 7,572.00 β 7,648.50 |
| Nasdaq 100 futures (NQ) | 28,092.00 | β392.25 | β1.38% | 28,013.75 β 28,510.50 |
| Dow futures (YM) | 52,387 | β204 | β0.39% | 52,311 β 52,751 |
| Russell 2000 futures (RTY) | 2,835.00 | β19.40 | β0.68% | 2,828.60 β 2,859.00 |
| VIX | 19.08 | +1.49 | +8.47% | 17.46 β 19.08 |
Commodities & crypto
| Instrument | Last | Chg | Chg % | Range |
|---|---|---|---|---|
| Gold futures | $3,928.20 | β$63.90 | β1.60% | $3,925.10 β $4,005.90 |
| WTI crude futures | $87.62 | +$1.29 | +1.49% | $85.13 β $87.75 |
| Bitcoin | $72,625 | β$1,943 | β2.61% | $72,193 β $74,724 |
Dollar, FX & yields
| Instrument | Last | Chg | Chg % | Range |
|---|---|---|---|---|
| US Dollar Index (DXY) | 102.94 | +0.01 | +0.01% | 102.80 β 103.08 |
| EUR/USD | 1.1088 | β0.0004 | β0.03% | 1.1071 β 1.1106 |
| GBP/USD | 1.3258 | β0.0017 | β0.13% | 1.3250 β 1.3283 |
| USD/JPY | 159.72 | β0.13 | β0.08% | 159.47 β 159.95 |
| US 10-year yield | 4.998% | β | β | β β β |
Pre-market movers
US-listed stocks above $2 and a $300M market cap with at least 100K shares traded pre-market.
Gapping up
| Ticker | Price | Chg % | Volume |
|---|---|---|---|
| LUNR Intuitive Machines, Inc. | $13.41 | +10.10% | 1.24M |
| FIGR Figure Technology Soluti | $25.70 | +6.24% | 516.2K |
| PEPG PepGen Inc. | $5.39 | +2.47% | 784.0K |
| MP MP Materials Corp Class | $37.51 | +2.12% | 107.9K |
| AAPL Apple Inc. | $357.11 | +0.42% | 188.2K |
| BULL Webull Corporation | $5.08 | +0.36% | 286.5K |
| AMD Advanced Micro Devices, | $554.62 | +0.31% | 1.27M |
| AVGO Broadcom Inc. | $346.24 | +0.30% | 509.0K |
Gapping down
| Ticker | Price | Chg % | Volume |
|---|---|---|---|
| CDNL Cardinal Infrastructure | $9.05 | β39.63% | 225.0K |
| NBIS Nebius Group N.V. Class | $132.00 | β14.67% | 6.37M |
| ENVX Enovix Corporation | $2.24 | β11.46% | 454.8K |
| TE T1 Energy Inc. | $1.89 | β11.23% | 2.93M |
| CRWV CoreWeave, Inc. Class A | $54.33 | β10.60% | 4.38M |
| CTVA Corteva Inc | $10.93 | β9.97% | 168.9K |
| XNDU Xanadu Quantum Technolog | $2.54 | β9.29% | 106.1K |
| NVDA NVIDIA Corporation | $158.94 | β8.51% | 19.23M |
Unusual pre-market volume
Large caps (over $2B) ranked by pre-market volume as a share of their 10-day average daily volume.
| Ticker | Price | Chg % | Volume | % of avg day |
|---|---|---|---|---|
| NBIS Nebius Group N.V. Class | $132.00 | β14.67% | 6.37M | 25% |
| LUNR Intuitive Machines, Inc. | $13.41 | +10.10% | 1.24M | 13% |
| ONDS Ondas Inc. | $5.54 | β3.34% | 5.74M | 12% |
| FIGR Figure Technology Soluti | $25.70 | +6.24% | 516.2K | 9% |
| FPS Forgent Power Solutions, | $22.60 | β8.02% | 987.9K | 9% |
| NVDA NVIDIA Corporation | $158.94 | β8.51% | 19.23M | 8% |
Levels to watch
Prior regular-session high, low and close with classic floor pivots (P = (H+L+C)/3). Index overnight ranges are from the matching futures contract; the stock pre-market range starts at 4:00 AM ET.
| Index | Prior high | Prior low | Prior close | R1 | Pivot | S1 | Futures overnight range |
|---|---|---|---|---|---|---|---|
| SPX500 (S&P 500 index) | 7,647.20 | 7,571.88 | 7,619.38 | 7,653.76 | 7,612.82 | 7,578.44 | 7,572.00 β 7,648.50 |
| NAS100 (Nasdaq 100 index) | 28,593.52 | 28,102.75 | 28,374.25 | 28,610.93 | 28,356.84 | 28,120.16 | 28,013.75 β 28,510.50 |
| Stock | Pre-mkt | Chg % | Pre-mkt range | Prior high | Prior low | Prior close | Pivot |
|---|---|---|---|---|---|---|---|
| Apple (AAPL) | 356.65 | +0.29% | 355.12 β 357.46 | 355.91 | 349.33 | 355.63 | 353.62 |
| Microsoft (MSFT) | 518.64 | β0.48% | 517.17 β 521.97 | 534.76 | 518.45 | 521.13 | 524.78 |
| Nvidia (NVDA) | 158.75 | β8.62% | 158.45 β 173.30 | 177.54 | 170.77 | 173.73 | 174.01 |
| Amazon (AMZN) | 264.45 | β0.65% | 263.16 β 267.99 | 274.87 | 265.62 | 266.17 | 268.89 |
| Tesla (TSLA) | 385.52 | β1.36% | 384.10 β 390.83 | 395.43 | 386.35 | 390.84 | 390.87 |
| Meta (META) | 622.13 | β1.06% | 620.00 β 629.20 | 648.45 | 627.97 | 628.77 | 635.06 |
| Alphabet (GOOGL) | 291.37 | β0.71% | 290.07 β 295.22 | 295.74 | 289.48 | 293.45 | 292.89 |
Sources: Yahoo Finance, TradingView. Data may be delayed.
Briefs for Nov 12, 2026: Midday brief Β· Closing brief