Attention all bosses! This Wednesday and Thursday, we will welcome the most critical 48 hours of the fourth quarter.
During these two days, five tech giants among the seven major U.S. stocks (Google, Microsoft, Meta, Amazon, Apple) will release their earnings reports, the Federal Reserve will hold a rate cut meeting, and there are also U.S.-China talks brewing.
#美联储利率决议即将公布 #美股财报周来袭 #中美贸易谈判 These three events combined will directly determine the direction of the global market in the fourth quarter.
💼 1. Earnings Reports of the Seven Giants: A Pillar of Confidence or a Landmine?
Wall Street expects the profit growth rate of the seven giants in the third quarter to be about 14%, lower than the 27% in the second quarter.
Although it is still higher than the overall 8% of the S&P 500, this is the slowest growth in two years.
Don't think that "exceeding expectations" will necessarily lead to a rise. For these companies, exceeding expectations has long been a routine operation. What really needs to be focused on is whether the earnings report can sustain market sentiment. If the earnings report does not meet expectations, the U.S. stock market may enter a phase of adjustment or consolidation.
If infrastructure companies like Nvidia keep rising, but the application layer does not grow, this story cannot continue.
💰 2. Federal Reserve Rate Cut
On-chain data websites show that 98% of investors believe the Federal Reserve will cut rates by 25 basis points in October. The key focus is whether it will continue to cut in December.
🧾 3. Tax Loss Selling Tide in U.S. Stocks: Hidden Risks at Year-End
Attention to those playing in the U.S. stock market! There will be a wave of tax loss selling before the end of the year. The U.S. tax system is: Profits minus losses = Taxable amount. Therefore, many institutions will throw out losing stocks in the fourth quarter to use as "tax offsets." Don't be caught off guard by passive adjustments.