Passive investing in ETFs may be losing its appeal, as Tidal Financial Group’s clients seek diversification beyond popular index-linked ETFs like VOO. Strategas Securities notes imbalance in S&P 500 with tech at a record high of 35%. Interest shifting to small-cap stocks, with Russell 2000 hitting all-time high and outperforming S&P 500.

Heavy hitters like Meta Platforms, Alphabet, Microsoft, Apple, and Amazon are set to report earnings next week, while small-cap stocks gain momentum outside large-cap tech exposure. Traders shift focus from tech-heavy S&P 500 to small caps, seeking diversification and growth opportunities.

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1. Tesla reports record profits in Q3, with $1.62 billion in net income. The electric car company also delivered a record number of vehicles, exceeding expectations.

2. Pfizer announces positive results from its COVID-19 vaccine trials in children ages 5 to 11. The vaccine showed strong immune responses and was well tolerated in the study.

3. Apple unveils new iPhone 13 models with improved cameras, longer battery life, and a faster A15 Bionic chip. The company also introduces the Apple Watch Series 7 with a larger display and new health features.: Popular investing strategy losing appeal with stocks at record finding