Hey there!

Welcome to The Investing Authority Newsletter.

Join our savvy investors sharing weekly market forecasts and recaps, delivered straight to your inbox. If you want to stay ahead of the trends be sure to subscribe now and be part of the action!

The Investing Authority specializes in helping companies enhance their visibility within the investment community through marketing, advisory, and partnership services. See more Here

This Week’s Market Forecast… 📊

This week will be one of the most influential week’s in the market for the whole year; get ready for volatility. We have an influx of earnings this week, including the start of big technology earnings. This week alone Apple, Google, Microsoft, Amazon, and Meta report. These 5 companies alone are a large part of the whole rise in stocks over the last year.

Investors hope that big tech earnings continue the trend that we have seen from the first two weeks of earnings season. Last week we had another strong week of earnings, headlined by Tesla. Tesla had one of their biggest one day moves ever after their earnings report, rising 20% after they beat on EPS and had strong forward guidance.

This week is not only influential because of all of the big earnings reports, but we also have a large amount of macroeconomic data coming out. This week alone we will get GDP data, PCE data, and a Non-Farm Payrolls report.

This data will be extremely important because it is the last look we get at inflation and the labor market before the Federal Reserve’s meeting on November 6/7. I believe the Fed will cut by 25 BPS in their upcoming meeting, but unexpected data this week could change that.

Lastly this week will be very influential due to the close proximity of the upcoming election. This is the last full week before the US Presidential Election on November 5th. With this week having massive amounts of news, the market could be volatile. Stay focused, get invested, and stay optimistic!

🚨Top Stocks on our Radar…

Apple ($APPL) reports earnings Thursday after the close. The consensus EPS is $1.54 for the recent quarter. This earnings report will be the first look into new phone sales from Apple following the release of the iPhone 16.

Tune in every Monday and Friday for in-depth Market Analysis, Recaps, and a featured Stock & ETF.

Thanks for reading and have a great week!

-Ryan

@Theinvestingauthority