October 28, 2025

Markets:

Stock futures rose on Tuesday after another round of earnings results impressed investors.

Equity futures were given a bit of a boost early Tuesday after a number of strong earnings results came out, such as those from United Parcel Service and UnitedHealth. Shares of the package delivery company and the insurer gained 13% and 4%, respectively, in the premarket after their results for the third quarter both exceeded Wall Street’s expectations.

PayPal, which saw its latest quarterly results top analyst estimates on the top and bottom lines as well, surged 10% in early trading after the company told CNBC that it has partnered with OpenAI to have its digital wallet embedded into ChatGPT, effectively allowing users to pay for items found through the artificial intelligence tool.

Key market catalysts loom ahead this week, including Big Tech earnings, a Federal Reserve rate decision and a potential China trade deal.

Earnings reports are due Wednesday and Thursday from several “Magnificent Seven” names, including Alphabet, Amazon, Apple, Meta Platforms and Microsoft, which together account for roughly one quarter of the S&P 500′s total value. So far, the third-quarter earnings season is off to a strong start.

Tuesday also marks the start of the two-day Fed meeting, where the central bank is expected to cut its benchmark rate rate for a second time this year. Traders hoping for a signal from Fed Chair Jerome Powell on Wednesday that the central bank will cut once more at its final meeting of the year in December, partly driven by concerns about a weakening labor market. The Fed is dealing with an economic data blackout given the ongoing U.S. government shutdown.

Portfolio:

Great start to the week — and the most “hated” rally just keeps charging higher.

We’re entering today’s session holding setups in OPEN, ONDS, and TSLL.

About a month ago, we mentioned in the premarket that the S&P could hit 7,000 by year-end — and at this pace, we might see it by Thanksgiving.

Don’t waste time looking for reasons to doubt the rally. Embrace it. Recognize what’s happening and take advantage of it.

Remember, we’re still within that 30-month historical bull phase we discussed a few weeks ago. Earnings will, of course, shape the short-term path — but the broader trend remains powerful and continues to strengthen.

Fed tomorrow.  Monster earnings from Alphabet, Amazon, Apple, Meta Platforms and Microsoft all to be received by Thursday evening.  Great few days ahead with monster insight to come.