Okay, on that note, let's bring in Kevin Green who joins me now for a look at what we're seeing as far as the reaction in the market this morning. So, stocks pulling back, no doubt, on some of these comments that we heard from David Solomon and also Ted Pick out in Asia overnight. Sort of talking about the potential for a 10 to 20% correction over one to two years.What do you make of that KJ. >> Yeah, I think it's the prudent thing to do if you are CEO, especially one uh you know, a couple of CEOs from very ...

The SIBO volatility index down today, ending at its lowest in nearly two weeks, but problems may still lurk under the surface. Manny Shu is the head of derivatives market intelligence for SIBO Global Markets. Manny, it's always great to see you. >> Great to be here.>> Um, we've been remarking about sort of that, you know, on the surface everything looks calm on the, you know, index level, but then individual stocks seem to have crazy moves and you actually note that the volatility in individual stocks is mu ...

IF THESE RECIPIENTS OF CHINESE GOODS FEEL THE HEAT, WE MAY STILL HAVE THE RISK OF A TRADE WAR MOVING FROM ONE PLACE TO ANOTHER, SO OUR MESSAGE TO EVERYBODY IS BECOME AN TO CHINA, BE CAREFUL. DO NOT PROVOKE OTHER COUNTRIES TO SEE YOU AS A THREAT. HASLINDA: THE IMF IS CALLING FOR CALM AND RESTRAINT AS BEIJING AND WASHINGTON TRADE SHARP BARBS, ESCALATING FEARS OF A DEEPENING TRADE WAR AND GLOBAL FALLOUT FROM TARIFFS.LIVE FROM SINGAPORE, THIS IS "INSIGHT" WITH HASLINDA AMIN WHERE WE DIVE DEEPER INTO STORIES THA ...

Market Overview - Pre-market earnings are flat-to-down, with the Dow down 16 points, S&P 500 up 1 point, and Nasdaq down 4 points, while the small-cap Russell 2000 is down 2 points [1] Employment Data - Weekly Jobless Claims numbers are absent for the second consecutive week; the last reported figure showed a drop from 264K to 218K, a decrease of 46K [2] - Continuing Claims have stabilized around 1.93 million, below the 13-week range of 1.94-1.975 million [2] Retail Sector Insights - CNBC's NRF Retail Monitor report for September indicates a decline in retail and restaurant sales by 0.7%, following a 0.5% increase in August; core retail sales also fell by 0.5% from a previous increase of 0.3% [3][4] - The year-over-year growth for retail sales has decreased to 5.4% for headline and 5.7% for core, down from 6.8% and 6.7% respectively a month ago, indicating a healthy spending level despite the recent declines [4] Q3 Earnings Reports - Delta Air Lines reported Q3 earnings of $1.71 per share, exceeding the $1.52 analysts' expectations, with revenues of $16.67 billion, surpassing the Zacks consensus by 5.61% and up from $15.68 billion year-over-year [5][6] - Delta has raised its Q4 earnings guidance to a range of $1.60-1.90 per share, leading to an 8% increase in shares during pre-market trading [6] - PepsiCo reported Q3 earnings of $2.29 per share, slightly above consensus estimates, with revenues of $23.94 billion, outperforming expectations by 0.25%; however, shares are down 8% year-to-date [7] - Tilray reported fiscal Q1 earnings of $0.00 per share, exceeding expectations of -$0.03, with revenues of $210 million, up from anticipated $206.8 million; non-medical cannabis revenues increased by 12% year-over-year, resulting in an 18% rise in shares during pre-market activity [8]

Market Overview - The U.S. stock market is experiencing upward momentum, with all three major indices opening in the green, led by the Dow and Nasdaq [5][10] - The S&P 500 recently broke a seven-day winning streak, indicating some downward momentum [6] - The U.S. dollar has come under pressure year-to-date, down more than 9%, but showed a slight increase of about 0.2% this morning [7][24] Debasement Trade - Investors are increasingly turning to gold and cryptocurrencies like Bitcoin due to waning confidence in the government and fears of inflation, a trend referred to as the "debasement trade" [3][12] - Gold futures have crossed $4,000 per ounce, reflecting a more than 6% increase over the past 10 days, while Bitcoin has risen approximately 9% in the same period [7][32] - The simultaneous rise of both gold and Bitcoin is unusual, as gold is typically seen as a safe haven while Bitcoin is viewed as a riskier asset [27] Federal Reserve Insights - Goldman Sachs has stated that while there is no current stock market bubble, bubble-like activity is being observed in stock valuations and market concentration [11] - Federal Reserve officials are focusing on private sector data due to the government shutdown, with a 94% chance of a rate cut expected at the end of the month [18][19] - The Fed's potential rate cuts are seen as a positive catalyst for the stock market, encouraging investors to remain long on stocks [20][22] Company-Specific Insights - Nvidia is investing up to $2 billion in Elon Musk's AI company, XAI, as part of a larger $20 billion funding round, indicating strong interest in AI technologies [9] - Constellation Brands reported a 7% decline in beer sales and a 19% drop in wine and spirits sales, attributed to various factors including immigration policies and a slowing job market [39][42] - Despite challenges, Constellation Brands remains optimistic about its brand performance, having gained market share in 49 of 50 markets year-to-date [46]

The onset of Q3 earnings season is just around the corner, and it looks like it will be a good one. Not only is there an outlook for S&P 500 NYSEARCA: SPY earnings growth and sequential acceleration to follow, but the forecasts are also improving, providing a lift for market spirits. As of early October, the consensus for the year is for earnings to grow by 8.0%, an 80-basis-point improvement from the lows of the revision cycle, and the forecast for the following year is also improving. Get SPDR S&P 500 ETF ...

David Solomon says he's feeling pretty good about where stocks & the economy are going. The Goldman Sachs CEO made four predictions when speaking at a tech conference in Italy this week. A stock drawdown and a wave of losers from the AI trade are some things on his radar. Goldman Sachs's top executive is feeling good about markets, with some important caveats. David Solomon, the bank's CEO, struck an upbeat tone when speaking about stocks and the US economy at Italian Tech Week on Friday. Despite ...

Economic Data - U.S. Q2 GDP growth was revised higher to +3.8% (q/q annualized), exceeding expectations of +3.3% [1] - U.S. durable goods orders rose unexpectedly by +2.9% m/m in August, against expectations of -0.3% m/m [1] - Core durable goods orders, excluding transportation, increased by +0.4% m/m, surpassing expectations of -0.1% m/m [1] - Existing home sales fell by -0.2% m/m to 4.00 million in August, slightly better than the expected 3.96 million [1] - Initial jobless claims decreased by -14K to a two-month low of 218K, compared to the expected 233K [1] Stock Market Performance - Wall Street's major indices closed lower, with CarMax (KMX) dropping over -20% after disappointing Q2 results [2] - Chip stocks, including Arm Holdings (ARM) and ON Semiconductor (ON), fell more than -2% [2] - Oracle (ORCL) declined over -5% following a Sell rating initiation by Rothschild & Co. Redburn [2] - Intel (INTC) surged over +8%, becoming the top gainer on the S&P 500 and Nasdaq 100 due to potential investments or partnerships with Apple and TSMC [2] Tariff Announcements - President Trump announced new sectoral tariffs effective October 1st, including a 100% tariff on branded or patented pharmaceuticals unless manufactured in the U.S. [3] - Heavy trucks will face a 25% tariff, kitchen cabinets and bathroom vanities a 50% duty, and upholstered furniture imports a 30% tax [3] Federal Reserve Insights - Fed officials expressed concerns about the economy, with some advocating for quick interest rate cuts due to inflation nearing the 2% target [5] - Rate futures indicate an 87.7% chance of a 25 basis point rate cut at the October FOMC meeting [6] European Market Reactions - Euro Stoxx 50 Index rose +0.62% as investors reacted to U.S. tariffs and awaited U.S. inflation data [10] - The European Commission secured a 15% ceiling on U.S. pharmaceutical tariffs [10] - German business daily reported potential tariffs of 25% to 50% on Chinese steel and related products [10] Japanese Market Developments - Japan's Nikkei 225 Index closed lower, influenced by U.S. tariffs and losses on Wall Street [13] - Pharmaceutical stocks in Japan declined following the announcement of a 100% tariff on U.S. imports [13] - Core inflation in Tokyo held steady but remained above the Bank of Japan's target, indicating potential for future interest rate hikes [13][14]

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information does not constitute any recommendation or advice for investment actions [1]. - Users are advised to perform their own research and consider their financial situation before making decisions [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - It encourages users to understand how these instruments work and the associated risks before investing [1].

Market Overview - Stocks are mostly seeing gains with the Dow roughly flat, S&P 500 up about 0.4%, and NASDAQ up about 0.7% [2][3] - The 10-year Treasury yield is down two basis points to 4.04%, while the 30-year yield is down to 4.66% [4] Sector Performance - Mega-cap stocks are leading the rally, particularly in communication services (Alphabet), consumer discretionary (Tesla), and technology (chip stocks) [5][6] - Defensive sectors are underperforming, with consumer staples down about 1% and healthcare off about 0.8% [6] Federal Reserve Insights - The Fed is widely expected to cut its benchmark interest rate by 25 basis points, with discussions on the potential for additional cuts later in the year [9][10] - Inflation is currently about 3% while job growth has weakened, raising concerns about the Fed's dual mandate [10][11] Company-Specific News - Texas Instruments shares are down about 3% due to an anti-dumping investigation launched by China targeting American semiconductor companies [49][51] - CoreWeave shares are up 8% after closing a $6.3 billion order with Nvidia, highlighting strong demand for AI infrastructure [55][56] - Union Pacific's stock is up modestly after Citigroup upgraded it to buy, citing improved clarity on its merger with Norfolk Southern [58][61] Investment Strategies - Analysts suggest that the stock market does not necessarily need a rate cut to move higher, as earnings growth remains strong [23] - There is a focus on yield curve steepeners as a favorable risk-reward trade amid expectations of further rate cuts [32]