This market is still a buy, says MJP Wealth's Brian Vendig

Market Outlook - The market is still considered a buy, with earnings coming in better than expectations and a projected 13% year-over-year EPS growth for 2026 [1][5]. Investment Focus - There is a recommendation to focus on midcaps and small caps, especially as government reopens consumer plays, rather than solely on large-cap tech stocks [2][3]. - The earnings growth potential of companies outside the concentrated mega-cap tech space is highlighted, suggesting a diversification strategy [4][5]. Economic Conditions - The current economic environment is described as bending but not breaking, with expectations of higher earnings growth participation from sectors outside of tech over the next 12 months [5][6]. - The potential for seasonal earnings growth is noted, particularly as the year-end approaches and considering the midterm election year [6]. Government Shutdown - There is optimism regarding the resolution of the government shutdown, with indications of increasing friction and economic loss prompting discussions for a resolution [7].