Oct 9: Wall St higher. S&P +0.6%, Nasdaq +0.6%, Dow +0.8%. Risks: Oil >$104, 10Y yield near 5.24%, AI/chip profit concerns, bank earnings & CPI. Q: Can earnings support rich valuations with high rates? Next week sets the tone. #Stocks
WHOA😳 Just in! Elon Musk’s SpaceX wants Starlink to become a major US mobile carrier. Telecom stocks are CRASHING: $T -11.30%, $VZ -11.30%, $TMUS -13.30%. This is wild.