Citadel Securities: Buying opportunity arrives, S&P 500 earnings accelerate
2026-10-03 00:27:02
CoinMeta data: Citadel Securities indicates that as S&P 500 earnings expectations rise, investors should be prepared to take advantage of further market weakness as an opportunity to rebuild their stock positions. Although the S&P 500 index is still near record highs, the internal condition of the market is relatively weak, with about 25% of S&P 500 companies trading below their 50-day moving averages. The optimism represented by Citadel mainly stems from earnings; the S&P 500's third-quarter earnings per share forecast has risen by 2.2% in the past two months. Currently, the market expects third-quarter earnings per share to grow by 27% year-over-year. At the same time, U.S. companies have authorized a record $1.3 trillion in share repurchases, and it is expected that the repurchase window will open up rapidly after October 15th, which could provide a new source of demand for the stock market.
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Source:Coinpaper
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