Morning Dose #354: Record Highs, Real Doubts: Why Breadth Says Be Careful – Wednesday 10/7/2026

Episode summary

The S&P hits a fresh record above 7,800, but the analyst flags a Cautious Bearish regime as only a quarter of stocks trade above their 40-day average. With yields at 2026 highs, oil spiking on Strait of Hormuz attacks, and a key Treasury auction plus FOMC Minutes on deck, the hosts break down why patience — not aggression — is today’s winning trade.