Midterms Helped The Dow Score Its Best Day of The Year

Stocks scored a historic rally today, after the midterm elections created a seismic shift in the country's political landscape. The Dow jumped xx points, for its largest single-session gain since April 9, 2025. The S&P 500 and Nasdaq joined the blue-chip index higher as investors rotated out of AI-adjacent names in the wake of the political paradigm shift.

The energy sector also finished in the red as the war in Iran faces looming scrutiny, while Elon Musk's Tesla (TSLA) and SpaceX's (SPCX) sell off made headlines as well. Wall Street's "fear gauge," the Cboe Volatility Index, logged its worst single-day decline since April 9, 2025.

• Solar stocks shine after the blue tsunami. 
• 25 stocks to avoid in November, historically.
• Plus, Trump stock trounced; Duolingo earnings; and a software stock to watch. 

5 Things to Know Today

1. What to expect from the S&P 500 after Election Day. 
2. Schaeffer's Volatility Scorecard: how to find the best options trades.  
3. Trump stock falls into penny stock territory.
4. Duolingo stock breaks out of consolidation phase.
5. JFrog stock ready for another post-earnings leap.

Oil Back Below $90 as Iran War Gets V.P.'s Blame

Oil prices sold off today, with Vice President JD Vance pinning the blue tsunami on backlash against higher oil prices stemming from the Iran war. December-dated West Texas Intermediate (WTI) dropped 8.3%, or $7.97, to close at $88.12 — black gold's first close below $90 since mid September.

Gold prices gained as the U.S. dollar moved lower. December-dated gold futures added 3.4% to settle at $4,073 per ⁠ounce.