Kenny Polcari on Why 24,000 NDX is Possible, AI Volatility & SPX Equal Weight Strength

Kenny Polcari makes the case that the Nasdaq-100 (NDX) will pull back to 24,000 should tech selling continue to accelerate. He addresses how volatility in major tech names like Micron (MU) and Palantir (PLTR) add to the big swings in the index and offers his advice on how investors can stomach the volatility. One strong bright spot Kenny sees: the S&P 500 (SPX) Equal Weight index, which has rallied as mega caps slide. As polls open across the U.S., Kenny touches on the divisive data center debate and argues that regulation will increase from Congress, though he doesn't see it stopping entirely.

Morning Movers

03 Nov 2026

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