Please feel free to read the blog post: #investing #stocks #bonds #options
https://www.linkedin.com/pulse/week-barrons-11012026-r-f-culbertson-pzqfe
Factually: (a) The S&P closed October down -0.93%, but still up +10.7% YTD. (b) The equal-weighted S&P closed UP +4.9% in October. (c) Midterm patterns and seasonality suggest a strong run ahead for stocks. (d) Value stocks are making new all-time highs following the yield correction. And (e) Global earnings breadth is running a little too strong. Overall, per Callum Thomas: I have a neutral stance due to an increasingly adverse risk backdrop with few remaining supports. I believe that: expensive valuations + consensus bullish sentiment + heavy exposure to equities = a dangerous risk setup. Despite our FED’s hesitation in October, monetary policy remains on a tightening path. Stocks remain in an uptrend, and the earnings/macro story is marginally supportive. Valuations = Expensive. Macro ’n Earnings = Supportive. Monetary Policy = Multiple Headwinds. Sentiment ’n Positioning = Contrarian Bearish. And the Technical Charts = SLIGHT Bullish Uptrend. Please feel free to read the rest of the blog post: #investing #stocks #bonds #options
https://www.linkedin.com/pulse/week-barrons-11012026-r-f-culbertson-pzqfe
Please feel free to read the blog post: #investing #stocks #bonds #options
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