Was Friday's pullback just a blip in the now three-year-old bull market or will today's comeback start to lose steam. Guys, hello Melissa. Well, listen, I mean, you mentioned 50%, 60% depending on what you're looking at, we recoup, but I I'll say this.I think the technical damage done last week and in sort of the days leading up to last week are enough where I don't think Friday was necessarily a blip. And I think the market was looking for an excuse to sell off. It found it in the form of the comments from ...

Market Trends & Risks - Retail investors have been cautiously optimistic, keeping "one foot out the door" due to geopolitical headlines, a weakening consumer, and concerns about the labor market [4][5] - The market is waiting for signs of real earnings or revenue from AI infrastructure spending to justify current valuations [7][8] - There's optimism around energy independence and infrastructure, with focus on underdeveloped industries beyond oil, gas, and solar [19][20] - Central banks globally are leaning towards stimulating growth, potentially at the risk of inflation, leading to interest in gold, precious metals, and crypto as hedges [12][13] Earnings Season Outlook - The market is looking for earnings growth to broaden beyond the MAG 7 tech giants, with financials, industrials, and healthcare sectors showing promise [14][15] - Key themes to watch include the sustainability of AI-related spending and the broadening of earnings growth beyond the tech sector [7][14] Retail Investor Focus - Retail investors are interested in core portfolio stocks like Nvidia, Palantir, and Robinhood, as well as more speculative names in nuclear energy, rare earth metals, and lithium battery plays [17] - The Stock Twits community is broadly optimistic heading into year-end, focusing on themes unaffected by geopolitical issues with China [10][11] Consumer Spending & Economic Indicators - There's a divergence in consumer spending, with higher-income households showing 2.6% year-over-year card spending growth, while lower-income households are at just 0.6% [40] - High-income wage growth is at 4% year-over-year, while lower-income wage growth is at 1.4%, contributing to the spending divergence [41] - Bank of America's data indicates a softening in the labor market, with a 0.5% year-over-year increase in accounts receiving paychecks [47] - Tariffs are having a modest and gradual impact on durable goods, with transaction numbers weaker than dollar values, indicating a price effect [48][49] Cryptocurrency Market - Bitcoin's key level to watch is $108,000-$109,000 to maintain momentum [37] - While crypto is seen as a hedge against fiat currency debasement, it still trades like a risk asset, as evidenced by the sell-off [21]

This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Welcome back! Sora has at least one big fan: Mark Cuban. He gave users on the app permission to use his likeness. He spoke to BI about why he did it, and why it's good for business. In today's big story, earnings season is upon us, with big banks up first. But can earnings reports fill the gap left from the lack of data due to the government shutdown? What's on deck Ma ...

Earnings Season Focus - Earnings are the primary driver of markets, especially with stretched multiples and market froth [1] - The best earnings revisions are in the technology and financials sectors, a potentially symbiotic relationship [2] - Technology sector exhibits the best earnings growth globally, though a breather may be needed after a significant run [3] Investment Strategy - Investors should avoid day trading based on headlines and policy moves, focusing instead on earnings [5] - Political developments can cause whipsaws; earnings trends are a better indicator of relative performance [7] - The firm invests in companies, not countries, seeking the best earnings globally [11] Market Outlook - S&P 500 earnings are growing at approximately 10% to 11% year-over-year [11] - The US has the best earnings globally, making it a primary focus for global equity opportunities [12] - The earnings bar for the current quarter is manageable, with the market anticipating positive results [9][10]

Earnings Growth Expectations - The S&P 500 is expected to see around 8-9% year-over-year earnings growth for the quarter, marking the ninth consecutive quarter of earnings growth [2] - Strength is particularly noted in the IT sector, with significant spending and earnings generation occurring there [2] Investor Sentiment - Despite high optimism among individual investors, concerns about tariffs and their potential impact on inflation remain prevalent [5][7] - Investors have experienced over 30 all-time highs this year, supported by lower interest rates and ongoing deregulation [6] AI and Market Bubbles - There are concerns among investors regarding potential bubbles in AI-related stocks and other high-risk assets, although they continue to hold these stocks in their portfolios [9][10] - Nvidia remains the most widely held stock among individual investors, with many expressing a reluctance to take profits due to fear of missing further gains [12][16] Economic Concerns - Investors perceive the economy as fragile and uncertain, with a growing sentiment that economic instability may eventually affect the stock market within the next 6 to 12 months [19][20] - While the stock market has performed well, there is a sense of caution among both individual investors and large fund managers regarding the sustainability of this performance [20]

The wave's here!Ride Q3's Super Earnings Season on #BitgetStockFutures 🏄‍♂️Volatility incoming for major banks, healthcare, industrial & tech giants.Time your entry, and trade 24/5 on Bitget 👉https://t.co/t10169i124 https://t.co/0gsKlgr463 ...

Wave in. Risk on. Game on. 🌊Which ticker are you ready to surf during the earnings season — AAPL, NVDA, TSLA, or wild card?Trade #BitgetStockFutures now, and enjoy up to 25x leverage. ⤵️ ...

Earnings Growth Outlook - Earnings growth for the S&P 500 is projected to slow to about 8.8% year-over-year in Q3, down from approximately 13% in Q2 and 11% in Q1, indicating a significant deceleration in profit growth [2] - Excluding oil and gas, the earnings growth number slightly increases to 9.6%, but the overall narrative remains that the profit engine is not operating at full capacity [2] Macro Economic Context - The Atlanta Fed's GDPNow estimates Q3 growth at around 3.1%, suggesting decent momentum but a rapid cooling trend [3] - Inflation rates held steady at approximately 2.9% in August, following 2.7% in July, while the 10-year Treasury yield is slightly above 4%, contributing to tighter valuations and market nerves [3] Sector Performance - Information technology is expected to lead earnings growth with around 21%, followed by communication services and financials, indicating that IT remains a critical growth driver [4] - Energy and consumer staples sectors are forecasted to experience declines due to volatile commodity prices and persistent costs, creating an uneven market landscape [5] Specific Sector Challenges - The energy sector appears particularly vulnerable, with analysts continuously lowering forecasts due to falling crude oil prices and inconsistent refining margins [6] - Consumer staples are facing challenges from input inflation and consumer fatigue, where previous price hikes that boosted earnings may now deter shoppers [6] Investment Opportunities - Goldman Sachs identifies 20 "overlooked" stocks, including Celsius Holdings, Cameco, Wynn Resorts, and Broadcom, which may see significant price movements in Q3, suggesting potential investment opportunities in less popular stocks [7]

In the latest CFO Briefing newsletter, a close look at two developing trends and how they may play out this earnings season https://t.co/cwRldKAStc ...

Core Viewpoint - Valuations are a significant concern as the market prepares for the upcoming earnings season, which will prominently feature reports from major banks [1] Group 1 - The market's fundamentals will be highlighted in the coming week with the start of earnings season [1]