Morning Dose #369: SPY Trapped Between AI and the Fed – Wednesday 10/28/2026

Episode summary

Markets open higher on a third day of AI enthusiasm led by SK Hynix’s blowout, but the session hinges entirely on this afternoon’s FOMC tone and mega-cap earnings after the close. Oil back above $100 on Iran geopolitical risk keeps a lid on the advance, and with indices coiled around key moving averages, patience into...