Markets, decoded —
the AlphaPro newsletter.
Earnings sentiment, macro signals, and the stories moving the tape — distilled into a single read every Monday.
Record Highs, Weak Breadth, and Rising Risk
The S&P 500 hits a record high led by just 12 stocks, the Shiller CAPE sits at historic highs, energy leads 2026 with 22% gains, and Tesla kicks off the Magnificent Seven earnings season.
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Nervous Thursdays, the $200 Question & HALO Stocks
Oil prints a $200 handle, Microsoft posts its weakest quarter in years on AI margin pressure, and Q1 earnings season opens with sentiment on edge.
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What the past tells us: every major oil shock has hurt the S&P 500
The IEA warns of the worst energy crisis in decades, JPMorgan cuts its S&P 500 target to 7,200, and history shows every major oil shock since 1973 has led the market into bear territory.
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Oil at $150? 4 New S&P 500 Entrants
Crude breaks $150 on supply shocks, Boeing lands a long-awaited China order, and the S&P 500 rebalance reshuffles sector weights heading into Q2.
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Nvidia earnings and six key rotation stocks to watch
Nvidia's fiscal Q4 earnings could set the direction for AI stocks, the S&P 500 is posting its strongest revenue growth in three years, and six stocks are driving the market rotation away from big tech.
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Nine S&P 500 companies raise capital spending
Hyperscaler capex pushes past $670B as AI infrastructure spending reshapes the S&P 500's earnings power and free cash flow profile for 2026.
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All Eyes on Apple, Meta, Microsoft, and Tesla This Week
All eyes on the Magnificent Seven as Mag7 earnings week kicks off, Intel slumps on guidance, and gold breaks above $5,000 for the first time.
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Market in 2026: Citi's 9 Picks, Goldman's Call, Investor Risks
Citigroup names top stock picks in financials, healthcare, and tech, Goldman Sachs forecasts a 12% S&P 500 rally, and Deutsche Bank flags the biggest threats to market stability in 2026.
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2025 US Stocks in 5 Snapshots
A look back at 2025: which sectors led the S&P 500, how Big Tech's earnings drove returns, and the macro signals heading into 2026.
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Santa Rally or Not, Wall Street Is Eyeing 8K in 2026
Wall Street targets the S&P 500 at 8,000 by end of 2026 as Deutsche Bank leads the bulls, Oracle slumps 14% on AI spending concerns, and undervalued sectors like real estate and energy flash buying signals.
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The Unflashy Sector That Outperformed in Q3 Earnings
Health care topped all S&P 500 sectors in Q3 earnings surprises, investors are buying every market dip 17% more aggressively than usual, and the Magnificent Seven posted their weakest growth since Q1 2023.
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These Four Non-AI S&P 500 Stocks Just Made All-Time Highs
Market breadth widens as cyclicals and consumer names break out, tariff anxiety eases, and the rally finally extends beyond the AI complex.
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The Market Just Entered Its Best Six Months (If History's Right)
November marks the start of the historically best six months for stocks, Nvidia became the first company to cross $5 trillion market cap, and 83% of S&P 500 companies beat Q3 earnings estimates.
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AlphaPro Sentiment Score Predicted Two S&P 500 Winners
AlphaPro's Earnings Sentiment Score predicted 39.9% and 27.4% stock gains for First Solar and Teradyne, Q3 earnings season is off to a strong start with 86% beating EPS, and TSMC raised its 2025 outlook on AI demand.
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September Smashes 27-Year Records (2nd Best Ever)
September 2025 delivered its best S&P 500 performance since 2010, Western Digital surged 104% in Q3 to lead all S&P stocks, and communication services topped the quarter's sector leaderboard.
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iPhone 17 Effect: Apple Just Got an Upgrade From Analysts
Apple stock jumped 3.2% as iPhone 17 launch drives analyst upgrades from JPMorgan and Tigress Financial, nuclear power could become a $10 trillion opportunity, and AI revives the hard drive market with 30% revenue growth.
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Is the September Curse Real?
September has been the worst month for U.S. stocks since 1896, gold hits a record $3,596 per ounce on safe-haven demand, and upcoming CPI data will shape whether the Fed cuts rates in September.
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Fed is Dovish but All Eyes Are on Nvidia
Fed Chair Powell signals a September rate cut at Jackson Hole, the US government takes a 9.9% stake in Intel for $9 billion, and Nvidia's earnings this week will test whether AI hype is cooling.
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3 Big takeaways from Q2 earnings
Q2 earnings show 81% of S&P 500 companies beat expectations, big tech is outpacing the market with 27% EPS growth, and indices hit record highs on strong fundamentals and rate-cut hopes.
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Q2 Earnings: 80% Beat EPS and 3 Surprises
80% of S&P 500 companies beat Q2 earnings estimates, led by Alphabet's 32% cloud revenue jump and Verizon's steady beat, while Tesla disappoints with a 12% revenue decline.
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Tariffs are back. Two mid-caps reveal the early impact
Tariffs return as Trump warns 20+ countries of 25-50% duties, Conagra Brands faces $200 million in additional costs while raising productivity targets, and Levi Strauss maintains a high sentiment score despite a $30 million tariff hit.
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These 6 stocks are seeing major sentiment shifts - Are you watching them?
Six stocks with the biggest sentiment score swings in Q2 2025 — Texas Instruments, Microchip, and Moderna lead bullish moves while Snap-on, Church & Dwight, and Prologis show bearish sentiment declines.
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6 Stocks with the Biggest Sentiment Shifts This Quarter
Six stocks with the biggest Q2 2025 earnings sentiment score swings — Texas Instruments, Microchip, and Moderna lead the bulls while Snap-on, Church & Dwight, and Prologis top the bearish list.
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