Halftime Report New Month, New Strategy 11/3/25
Nov 3, 2025
Join market strategists Joe Terranova, Kate Moore, Carrie Firestone, and portfolio manager Steve Weiss as they dissect their November market strategies. They explore the implications of mega-cap tech concentration and the latest on hyperscaler spending. Joe reveals key shifts in the GOT ETF rebalance, while Kate analyzes Amazon's strategic AI partnerships. The team also debates attractive entry points in biotech and the impact of Kimberly-Clark’s acquisition on consumer staples. Finally, they share top trade ideas as year-end approaches.
AI Snips
Chapters
Transcript
Episode notes
Don't Buy Homebuilders Blindly
- Watch homebuilders for signs the market truly prices in rate cuts before buying the sector.
- Joe Terranova notes top homebuilder shares haven't responded to the expectation of imminent rate relief.
Cloud Demand Offsets Capex Concerns
- Hyperscaler cloud demand and backlog matter as much as their capex spend for AI infrastructure.
- Kate Moore sees strong contract demand as validation for continued hyperscaler investment.
Buy Semiconductor Equipment Exposure
- If AI deals keep appearing, buy related semiconductor equipment and chip-equipment suppliers.
- Joe Terranova highlights KLA, LAM Research, Applied Materials and Teradyne as key beneficiaries.