Outlook 10/21: Stock futures fall slightly on Monday after the SP500 notched their best weekly win streaks of 2024. Whether stocks can sustain those gains may depend on whether companies can beat expectations this earnings season, which is set to ramp up this week. Roughly one-fifth of SP500 companies are set to report through Friday. The recent winning streak has investors optimistic equities still have further to run. Still, they are mindful that stretched valuations, ahead of the U.S. presidential election and amid rising geopolitical risks, could also mean further choppiness.
ESZ24 (DEC2024): YVAH 5909 YPOC 5907 YVAL 5895 GAP 5907.75
/ES Plan: Last session market closed bullish (PBT 5938), but overnight looks slightly bearish, moving a few ticks below previous value, so these're the opening and initial balance options for today:
