Morning Dose #366: Earnings Beats Get Sold, Iran Headlines Spike Oil: A Credibility Test for the Tape – Thursday 10/22/2026

Meta and Tesla both beat earnings but sold off anyway as AI spending concerns and multiple compression weigh on tech, while an Iran strike report sent oil and Treasuries moving in tandem. Breadth quietly improved even as futures cratered, pointing to rotation rather than a broad breakdown, with SPY’s 50-day at $768.35 as the key... The post Morning Dose #366: Earnings Beats Get Sold, Iran Headlines Spike Oil: A Credibility Test for the Tape – Thursday 10/22/2026 first appeared on WaveRider Markets.