10-8-26 S&P 500 Breakout Fails: What's Next? | Before the Bell

The S&P 500's breakout to all-time highs is losing momentum. With stocks retreating into their recent trading range, is this a failed breakout or a healthy pullback before a stronger fourth-quarter rally? Lance Roberts examines the market's weakening breakout, key support levels at the 20-day and 50-day moving averages, and why a short-term correction could help relieve overbought conditions. With earnings season approaching, corporate guidance could provide the next catalyst for stocks. Meanwhile, rising Treasury yields, today's bond auction, and continued weakness in small-cap and mid-cap stocks are complicating hopes for broader market participation. Historically, fourth-quarter returns during midterm election years have been favorable, but seasonal trends offer no guarantees. Can improving earnings, lower interest rates, and expanding market breadth set the stage for a year-end rally? Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/8xiTUNThkgY --- REGISTER for our next Dynamic Learning Series presentation, "More Than A Portfolio: Financial Planning Panel" https://streamyard.com/watch/tCqfFT6bMEBn --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #SP500 #StockMarket #MarketOutlook #EarningsSeason #TechnicalAnalysis