Veytics Intelligence
2026-10-20 · CNBC

Investors look to earnings to reset the bull market. The key level to watch on the S&P 500

Get Mike Santoli's Market Memo in your inbox first. SUBSCRIBE HERE In a previous life, when I routinely shut down New York City bars, the end of Daylight Saving Time was an annual bonus, as 2am on a Saturday night instantly became 1am, leaving three more hours until closing time. The financial markets now are undergoing several forms of late-cycle unease, and Wall Street is now looking for earnings season and the passage of the midterm elections to turn back the clock before last call. To be clear, this remains a bull market, the S&P 500 's uptrend unbroken, with constant rotations between AI tech and remainder of the market fitfully supporting the tape, with pullbacks limited to 3% for half a year.

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