Vertical momentum in NQ_F and QQQ prompts discussion, Jake Wujastyk notes

• Senator Sheldon Whitehouse introduced the Supreme Court Review Act of 2026 on September 24, 2026. • The bill currently has six cosponsors and proposes a special, faster Senate process for joint resolutions responding to specific Supreme Court decisions.

• President Trump announced that the war with Iran will end either right after the election or sooner. • The U.S. is deploying 9,000 additional troops to the Middle East as part of the ongoing conflict.

• The 119th Congress has adjourned until after the 2026 midterm elections, delaying a long list of pending tasks. • This session passed fewer bills into law than any other two-year period in more than 50 years.

• Republicans are facing a more challenging 2026 Senate map than originally anticipated as they prepare for the upcoming midterm elections. • Democrats are currently attempting to flip several states that have traditionally voted for Republican candidates.

• Alphabet stock rose 1.62% to $343.72 today following the rollout of the Gemini 4 Argon AI. • The stock price is currently approaching a resistance level of $344.37, which is a price point where selling pressure often increases.

• Oracle shares rose 3.07% to reach $142.32 today as progress on artificial intelligence projects increased investor confidence. • Technical analysis indicates the stock is currently testing a resistance level of $147.67, which is the price point where selling pressure typically increases.

• The Canadian federal government conducted a farm tour in Atlantic Canada to promote new investments in agricultural technology and market access. • These initiatives focus on increasing regional productivity and strengthening food security through targeted federal funding.

• Goldman Sachs purchased $220 million worth of Shein shares following the retailer's weak initial public offering in Hong Kong. • The investment represents 13% of the initial share float, according to a filing by Goldman Sachs to the Hong Kong Stock Exchange.

• The Euro rose 0.55% against the Brazilian real to trade at R$5.8981 today. • The currency pair is currently stuck near a key resistance level, which is a price point that typically prevents further upward movement.

• TELUS shares traded at C$11.67 today, marking a 0.3% increase as the company focuses on restructuring and AI investments. • The stock is currently consolidating near a resistance level of C$11.81, which is a price point the stock has struggled to break above.

• Canadian Natural Resources shares traded at C$67.56 today, reflecting a 0.73% decrease. • The company reported record production levels, earnings, and dividends to support its current stock fundamentals.