Editor's Note: Executive Order 14330 instructed the Labor Department to open America's 401(k)s to private markets. Almost $10 trillion sits in those accounts, held by 70 million Americans. Very few of them have heard a word about it. One 40-year trading veteran has — and he isn't waiting. Here's what he's doing about it, below.

Dear Reader,

See this document?

It brings sweeping changes to your 401(k) — and yet almost nobody knows about it.

Hidden inside it is what one 40-year trading veteran calls the "biggest opportunity he's seen in years."

It's all right there in Section 3.

That's where Washington opens your retirement account up to a group of companies that have grown as much as 10,000%... 325,000%... and even 600,000%.

These are the fastest growing companies in America, previously off-limits to everyday folks.

But no longer — and yet that's not even the best part…

Because hedge fund legend Larry Benedict has spotted something in this executive order that almost nobody else has...

This executive order is about to transfer as much as $1 trillion of retirement money from one corner of the market to another…

And Larry has found the one ticker sitting in the path of this movement.

Click here to get the ticker positioned to capture a slice of that $1 trillion — free.

Regards,

Lauren Wingfield
Managing Editor, The Opportunistic Trader

P.S. The last time Washington rewrote the retirement rules, Larry's readers had the chance at 188% gains. Now it's happening again — on a far bigger scale. Get the ticker before the money starts moving here.

Wall Street faced a brutal selloff this week, but the U.S. economy gave investors a surprise. The Dow surged 1,569 points Wednesday after Democrats won control of Congress. Just 1 day later, it plunged 1,833 points.

The Nasdaq crashed 5.52% Thursday. Nvidia lost 9.3%, while AMD sank 17.3%. The Nasdaq fell 11.9% below its October peak, putting it in a correction. Then Friday brought better news.

U.S. firms added 165,000 jobs in October, far above forecasts of 65,000. The jobless rate fell to 4.1%. Tech stocks were set to rebound Friday morning, but strong hiring also raised fears of another Fed rate hike.

The week left Wall Street facing a hard question: Can stocks recover if AI spending faces new risks and interest rates stay high?

Week of November 2–6

Confirmed through Thursday's close:

Friday morning: Nasdaq-100 futures rose about 1.3% as chip stocks rebounded. Dow futures fell roughly 1.1%. These were not final closing results.

Three forces drove the week.

First, the midterm elections changed what investors expect from Washington. Democrats won both chambers of Congress, raising fears of tighter rules for AI data centers.

Second, tech stocks plunged as investors questioned the cost of new projects. The Nasdaq fell into correction territory. Third, Friday's jobs report showed that the economy was still adding workers at a strong pace.

That gave Wall Street mixed news. Strong hiring helps firms sell more goods and services. But it may also give the Fed more reason to keep rates high.

The week began with fresh selling in Big Tech. On Monday, the S&P 500 lost 0.51%, while the Nasdaq fell 1.07%. Apple and Palantir then gave investors better news after the bell.

Apple posted sales of $114.48 billion. Palantir reported sales growth of 96%. Tuesday brought a modest rebound. The Nasdaq gained 0.83%, led by large tech firms. But most S&P 500 stocks fell.

AMD then reported record sales of $13.4 billion. Its data-center business grew 97%. The results showed that demand for AI chips was still strong. Yet investors remained worried about how much firms must spend on data centers, chips, and power. Those costs would soon become the week's biggest concern.

Wednesday brought a major change to Washington. Democrats won control of the House and Senate. President Trump remains in the White House. The new Congress takes office in January 2027.

The Dow surged 1,569 points, or 3.03%. The S&P 500 gained 1.58%, while the Nasdaq rose 1.44%. Oil prices also plunged. Brent crude fell 8.7% to $94.62 as traders weighed fresh hopes that fighting with Iran could ease.

Hospital stocks rallied. HCA Healthcare jumped 10.9% as investors saw less risk of cuts to health care aid. Lower oil prices gave firms another reason to buy. But the rally lasted just 1 day.

Thursday brought the week's biggest shock. The Dow plunged 1,833 points, more than wiping out Wednesday's gains. The S&P 500 sank 4.36%, its worst day since April 2025.

The Nasdaq crashed 5.52%, falling more than 10% below its October peak. AI stocks took the hardest hit. Nvidia lost 9.3%. AMD sank 17.3%. Micron plunged 17.5%. The selloff spread to firms that build and power AI data centers. Investors feared that new rules could slow plans for more sites.

Large data centers use vast amounts of power, water, and land. Some towns have pushed back against new projects. If those sites face delays, firms may buy fewer chips and servers. But no nationwide ban on AI data centers has passed. Thursday's losses reflected fears of future limits, not a sudden end to AI demand. The selling soon spread beyond tech. Small stocks and many other firms also fell.

Friday brought a major surprise. U.S. employers added 165,000 jobs in October, far above forecasts of 65,000. The jobless rate fell to 4.1%, from 4.2%. The government also raised its job counts for August and September.

Health care and business services helped drive the gains. Wages rose 0.4% for the month and 3.1% from a year ago. That was good news for workers and firms that need customers to keep spending. But it raised a new concern for stocks.

Strong hiring and wage growth may make the Fed less willing to lower rates. After the report, traders raised their bets on another rate hike in December. The chance reached about 78% in Friday morning trading. Tech futures rose as buyers returned after Thursday's crash. Nvidia gained more than 4% before the bell. Yet bond yields also climbed as traders weighed the chance of higher rates. The economy looked stronger than expected. But the path to cheaper loans looked harder.

Oil prices also made huge moves this week. Brent crude fell below $100 after trading above $115 in late October. The drop came as traders weighed the election result and hopes for fresh talks over the war with Iran.

Lower oil prices can help firms cut costs. Airlines spend less on fuel. Truckers pay less to move goods. Stores may save money on shipping. Those savings can help slow price growth if crude stays lower.

But the war has not ended. A new attack or supply cut could send prices higher again. Oil remains a key risk for the Fed as it tries to bring inflation back toward 2%.

Tuesday, November 10, brings the October Consumer Price Index report. The report will show how much prices rose last month. Investors will watch whether cheaper oil helped slow inflation.

They will also look at food, rent, and service costs. Friday, November 13, brings the Producer Price Index. That report tracks the prices firms receive for the goods and services they sell.

Both reports could change what traders expect from the Fed. Softer inflation could ease fears of another rate hike. Higher prices could bring more pressure to stocks and bonds.

This week showed a sharp split between Wall Street and the U.S. economy. AI stocks fell as investors feared that new rules and high costs could slow data-center projects. The Nasdaq entered a correction after falling 11.9% from its October peak.

Yet Friday's jobs report showed that firms were still hiring. That leaves Wall Street with 2 major tests. Big Tech must prove that billions spent on AI can lead to more profits and cash. The Fed must decide whether strong hiring and high inflation call for higher rates.

The risks are linked. High rates raise the cost of loans. That can make new data centers harder to fund. Large tech firms with strong cash flow may have more room to keep building.

Smaller firms that rely on debt may face a harder path. Next week's inflation reports will help show whether the Fed has room to hold rates steady.

The week's lesson is simple: The economy is still growing, but Wall Street is no longer willing to ignore the cost of that growth.

The Dow surged, then crashed. Nvidia plunged. Jobs beat forecasts. Friday's early tech rebound showed that some buyers were ready to return. But a rebound alone cannot settle the risks facing stocks. The next move will depend on inflation, interest rates, and whether Big Tech can turn its vast AI spending into cash.