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Dale Smothers Sees 8,000 SPX by End of 2026, MU Earnings Volatility Ahead
Source: youtube.com
InflationEnergy Markets & PricesCorporate EarningsMarket Technicals & FlowsInvestor Sentiment & Positioning
Dale Smothers said the market's reversal after Wednesday's core PCE inflation reading remains constrained by a spike in crude oil prices, despite sustained corporate earnings strength. He expects earnings momentum to lift the S&P 500 to 8,000 or higher by year-end, though elevated oil prices remain an inflation and market-risk headwind.
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