WEEKLY MARKET REPORT 📈

• Monday: Fed Speaks; $NVDA AI Summit

• Tuesday: $PEP Earnings

• Wednesday: Fed FOMC Minutes; 10Y Bond Auction

• Thursday: CPI Inflation, Jobless Claims; $TSLA Robotaxi Event

• Friday: PPI Inflation, Consumer Sentiment; $JPM $WFC $BLK Earnings ⚠️

Next week marks the start of a crucial corporate earnings season, with bullish investors eager to see if company results can justify the elevated valuations in a U.S. stock market that’s near record highs.

Optimism around U.S. economic growth was bolstered by Friday’s impressive labor market data, exceeding expectations. The S&P 500 is up 20% year-to-date and remains near record levels despite rising geopolitical tensions in the Middle East.

However, the rally faces a major test as corporate earnings reports start coming in. For valuations to hold, companies will need to deliver solid profit growth and strong outlooks for the coming year.

Investors will also keep a close eye on U.S. consumer price data next week. A stronger-than-expected CPI number, following Friday's robust jobs report, could dampen hopes for the Federal Reserve to cut rates in the coming months.

#BTCUptober #HBODocumentarySatoshiRevealed #U.S.UnemploymentNewLow #WeAreAllSatoshi #moonbix