Big week ahead for markets. About 15% of the S&P 500 reports earnings, with $TSLA and $META headlining Wednesday.
Also watching:
Tuesday: September pending home sales + SpaceX $SPCX earnings
Thursday: Jobless claims (labor market check-in)
Friday: October consumer sentiment and inflation expectations from Michigan
Housing data matters because mortgage rates are still elevated. If pending sales stay weak, it reinforces the Fed's tightrope walk between cooling inflation and not breaking the economy.
Consumer sentiment on Friday could move markets if inflation expectations tick up. That would complicate the soft-landing narrative.
Earnings season is the main event. Tech names like $TSLA and $META will set the tone for whether this rally has legs or if valuations are getting stretched. Pay attention to guidance, not just the headline numbers.
Also watching:
Tuesday: September pending home sales + SpaceX $SPCX earnings
Thursday: Jobless claims (labor market check-in)
Friday: October consumer sentiment and inflation expectations from Michigan
Housing data matters because mortgage rates are still elevated. If pending sales stay weak, it reinforces the Fed's tightrope walk between cooling inflation and not breaking the economy.
Consumer sentiment on Friday could move markets if inflation expectations tick up. That would complicate the soft-landing narrative.
Earnings season is the main event. Tech names like $TSLA and $META will set the tone for whether this rally has legs or if valuations are getting stretched. Pay attention to guidance, not just the headline numbers.