Youtube·2025-10-17 23:47Market Sentiment - The fourth year of the bull market begins with skepticism and disbelief towards bullish investors, which has been a consistent theme throughout the market run [1] - Despite the skepticism, buying the dips has proven profitable for investors over the past 45 years [2] Market Performance - The Dow gained 238 points, with the S&P 500 advancing by 0.53% and NASDAQ climbing by 0.52% [3] - Initial concerns about bad loans at banks were alleviated by positive reports from several banks, contributing to market gains [3][4] Company Performance - American Express reported a strong quarter, which contributed to the market rally and countered fears of a decline due to bad bank loans [4] - The focus should be on individual companies rather than just the S&P 500 index, as many companies are performing well despite negative sentiment [5] Upcoming Earnings Reports - The upcoming week is expected to feature earnings reports that are believed to be better than anticipated, starting with Cleveland Cliffs, a steel maker [6] - The performance of Cleveland Cliffs will provide insights into the health of the real economy, which is influenced by Federal Reserve rate cuts [6]