Shyon
08-10 23:36

I’m choosing A:Yes, earnings growth will keep driving the S&P 500 higher. What encourages me most about J.P. Morgan’s 8,000 target isn’t the number itself, but the stronger earnings behind it. With more than 85% of companies beating expectations and EPS forecasts rising, the rally is increasingly supported by fundamentals rather than valuation expansion.

I also think the AI story is entering a more important phase. It’s no longer just about AI spending, but whether that spending translates into cloud growth, stronger backlogs & real revenue. I’ll continue watching GOOGL, AMZN and MSFT, alongside AI infrastructure names like AMAT and CRWV.

That said, I won’t chase the index simply because Wall Street raised its target. CPI & Treasury yields remain key risks. I’ll stay invested, maintain core technology exposure & add gradually on weakness. I’m bullish on 8,000, but I’d rather see earnings drive the market higher than expanding valuations.

@Tiger_comments @TigerStars @TigerClub

# 💰Stocks to watch today?(11 August）

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  • twixzy
    ·00:22
    Same read here — if AI spend starts showing up in cloud revenue and backlog, 8000 feels earned. AMAT and MSFT are the right tells, ngl
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