At a Glance
Regime: Bounce · Open: Flat · Risk on new positions: High · Custom T2108: 49.2, rising
Focus: LIFE
Secondary: N/A
Tonight After Hours: ALAB★, AMD★, AMGN★, AMWL, ANET★, ASH, BXC, CPNG★, DOX, FLYW, JXN, MCY, MQ, MTW, PACS, SDRL, SMCI★, SPT, SU, SWIM, TRNS, UNM
Tomorrow Before Open: BRKR, CVE, DDOG★, DIN, EMR, GWW, KD, LAW, LIVN, NICE, NVO★, PMTS, PRGO, QURE, RAL, RPC, SMRT, SOLS, SWK, TBLA, TREX, UBER★, UWMC, VET, W
★ = Market Mover
Holding: HAS, GKOS, REGN
Situational Awareness
Market Condition: Bounce
Commentary: US Mid Terms likely to dominate the narrative today. I see one interesting earnings catalyst. Market is in a likely bounce zone so don't be surprised to see some sort of bounce in the coming days. In general tech does not look good. We are focusing on the pockets of strength that are continuing to work on the long side.
Today In Focus
LIFE — Ethos: Ethos Reports Third Quarter Fiscal Year 2026 Financial Results
Earnings Catalyst · Mkt cap $2.8B · Float 5.5M · SI 74.2% (2.9 days) · Nasdaq · Theme: Insurance > Life Insurance · Next earnings: N/A
Why: Strong Earnings Beat and Raised Guidance
Q3 FY26 Results (quarter ended Sep 30)
Revenue: $235.2M vs $169.9M est (+38.4% beat) · +151% YoY, accelerating (65% → 104% → 113% → 151%)
Adj. EPS: $0.49 vs $0.325 est (+50.8% beat) · +75% YoY
Adj. EBITDA: $34.9M vs $24.0M guide midpoint · +87% YoY · 14.8% margin
Policies activated: 142,111 · +189% YoY
Balance sheet: $290.1M cash & investments · no debt
Watch: margins compressing · GAAP operating margin 1.6% (−1,660 bps YoY) · ARPU −13% YoY
Guidance Raised
FY26 Revenue: $838–842M vs $734.9M est · up from $727–731M
FY26 Adj. EBITDA: $134–136M · up from $119–123M
Q4 Revenue: $220–224M vs $185.7M est · implies +102% YoY
Level: $50
Also in Play
N/A
Stocks in Play Watchlist: TradingView
Trade Updates
Open:
HAS - Earnings Catalyst - 20th October 2026 - 67% Remaining
GKOS - Earnings Catalyst - 29th October 2026 - 100% Remaining
REGN - Earnings Catalyst - 30th October 2026 - 100% Remaining
Macro Events (Eastern Time)
Tuesday November 3 2026
All Day · US Midterm Elections
10:00 AM · JOLTs Job Openings (Sep) · Prev 7.079M · Cons 7.1M
10:00 AM · Factory Orders MoM (Sep) · Prev 0.1% · Cons 1.2%
4:30 PM · API Crude Oil Stock Change (Oct/30) · Prev -2.031M · Cons 2.1M
IPOs Today
N/A
Biotech Calendar
XBI +1.05% on the week and -1.54% on the month, under its 50-day.
Today: N/A
Flagged Charts: N/A
Note: Never front-run biotech catalysts. Wait for the catalyst to hit, then assess if the reaction is tradable. Dates are estimates and can shift.
Full H2 Biotech Watchlist: TradingView
Have a Great Day!
Sean Sharpe
