As companies face increasing costs and other challenges, corporate earnings might soon start to fall, and this could impact the stock market during an important earnings season.
Now is not the time to disregard this chart during what could be the most important earnings season of this business cycle.
Corporate earnings are currently at a crucial point within the upper boundary of a 70-year channel and are poised to begin declining, even in the face of… pic.twitter.com/ue8J2deRMR
— Otavio (Tavi) Costa (@TaviCosta) October 17, 2023
YTD return for macro hedge funds is negative
''you don't understand macro data'' pic.twitter.com/Gr2e4rtWpb
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) October 16, 2023
The Fed is desperate to hold markets together until OpEx by scheduling 20 conferences this week. https://t.co/LIhKsshOZc pic.twitter.com/ZG2u8g3mnI
— Financelot (@FinanceLancelot) October 16, 2023
FOR SOME REASON WE HAVE 21 FED SPEECHES THIS WEEK pic.twitter.com/RbHnzW64Hc
— GURGAVIN (@gurgavin) October 16, 2023
NFIB HARD & SOFT
COMPONENTS pic.twitter.com/upXYxov14v— Win Smart, CFA (@WinfieldSmart) October 17, 2023
It Has Happened Only Twice In The Last 24 Years! And it transpired the 3rd time last Friday:
1) VIX up >15%
2) Gold up > 3%
3) Brent Crude > 5%The last two times this combo transpired were on 17th September 2001 and 17th September 2008.
Source: Sagar Singh LinkedIn pic.twitter.com/aKmkvMo8Vi
— Wall Street Silver (@WallStreetSilv) October 17, 2023
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