🐺 Senate is Due to Vote on the Government Shutdown

The market is stabilizing after Friday’s sharp drop, with traders watching Washington for signs of a deal to end the 39-day shutdown. Earnings season stays hot this week as AI infrastructure names take the spotlight.

Before we dive in, here’s what’s up: a potential shutdown vote could finally end the 39-day gridlock, markets look ready to recover after the steepest drop since April, and datacenter names like $CRWV ( ▼ 2.73% ) and $NBIS ( ▲ 1.68% ) headline this week’s earnings.

Friday’s drop marked the largest correction since April, with the S&P 500 falling 3.76% from its all-time high and testing the daily 50MA for the first time since May.
Speculative tech and small caps took the hardest hits while mega caps held firm.

A short-term bounce looks possible as sentiment turns deeply oversold. For traders navigating this volatility, TradeThePool offers access to funded accounts without risking personal capital. Check them out here and use code WOLF for more info.

The government shutdown has stretched into its 39th day, but the Senate met for a rare Sunday session as leaders signal progress. John Thune said the deal is “coming together,” though there’s still no guarantee of success.

If lawmakers manage a vote today, it could spark a short-term rally and ease pressure on agencies running out of funding. Until a full-year plan passes, volatility will remain elevated and data delays will keep traders on edge.

Earnings season shifts toward infrastructure and AI compute. This week brings reports from CoreWeave ($CRWV) and Nebius ($NBIS), both key players in the datacenter and GPU cloud race. Investors will be watching for updates on expansion plans, AI utilization rates, and power cost management.

Other major names reporting include Oklo ($OKLO), Monday ($MNDY), NuBank ($NU), and Cisco ($CSCO) making this one of the busiest weeks of the quarter for tech and growth stocks.

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