The third quarter earnings season for the US stock market is about to hit! But will the market not be "too high" this time?
Although the profit is expected to grow for the fifth consecutive quarter, some strategists believe that increasing macroeconomic unfavorable factors may limit the upward space of US stocks during the earnings season.
Is the bull market in US stocks about to enter the second stage?
During the current bull market in US stocks that started in October 2022, the s&p 500 index has risen by 61% as of the end of September.
US stocks booming | Surging over 23% since September! Software giant Oracle may cooperate with Open AI; AI boom reignites! Palantir's annual surge of 140% approaches a market cap close to one trillion US dollars.
Institutions expect Q3 sales to exceed expectations! The used car platform carvana surged more than 6% overnight, breaking a new high in stock price since 52 weeks.
Daily options tracking | Nvidia's stock price hit a three-month high, with the highest increase in call options nearly tripling; China concept ETF cools down, with a significant decrease in volatility.
tesla rose slightly by 1.52%, the call options with expiration dates of this Friday at 245 and 250 US dollars were the most active, Robotaxi conference tickets have been issued, the event is scheduled for 10 am this Friday morning peking time.
S&P 500 Forms a Bullish Flag, but Will It Hold? [Video]
Financial report season is approaching, Bank of America: the threshold for US stock rise is very low.
Bank of America stated that Wall Street has set a relatively low profit threshold for the third quarter, and more importantly, companies are looking ahead to the next few quarters under the Federal Reserve's loose policy.