Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Options traders are circling two big auto earnings prints this week. Tesla reports on 21 October and General Motors on 20 October. The market is pricing a live macro backdrop into both.
US core CPI hit 339.287 in September 2026, its highest reading since the series began. The annual rate rose to 3.7%, the largest September reading in two years, according to ORTEX Alt Data. That inflation pulse complicates the rate picture and raises the cost of auto financing.
ORTEX Alt Data tracks German car registrations as a leading revenue indicator for Tesla. The dataset is running 269% above the same quarter last year, across all three months of the period. That is a strong signal, though a leading indicator is not a guarantee of the print. For GM, the same German cars dataset leads revenue by 15 days and is running 133% year-on-year.
On the credit side, GM auto-loan delinquencies in SEC ABS filings are running 1.2 standard deviations above their own history as of 29 September. That is a potential drag on sentiment at earnings. Honda's equivalent reading is 0.8 standard deviations below its own history, a clear contrast.
Netflix is also in focus after its content chief was replaced overnight. The stock carries a 47.47 RSI and a short score of 38, suggesting neutral positioning ahead of any further news.
Simpson Manufacturing is attracting defensive attention. ORTEX flagged bears adding positions ahead of its Sunday print.
In the index space, ORTEX Rebalance Radar shows AST SpaceMobile deletion probability jumping to 95% in the MSCI World November review, implying $674 million of forced selling across 1.2 days of volume. The ranking cut-off is 19 October.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
