Citadel strategist Scott Rubner highlights a historical pattern where midterm years since 1928 typically see a stock market slump in summer followed by a strong rally in the fourth quarter. However, in 2026, the usual summer decline did not occur, with the S&P 500 ETF (SPY) closing near record highs instead. This means the traditional year-end rally, which relies on a rebound from a low base, faces challenges as investors must now buy at elevated levels. Additional factors like rising Treasury yields and inflation concerns also weigh on the market, especially affecting tech stocks. While history shows a tendency for gains in midterm fourth quarters, investors should be cautious and consider that this year’s conditions differ from the norm, making seasonality less reliable as a sole investment guide.
Citadel's strategist on year-end rally prospects provides context for Pluang's market snapshot as of Oct 02, 2026 22:32 WIB: Among 150 US stocks priced on Pluang, 72 rose and 77 fell today. Hewlett Packard Enterprise (HPE) gained 6.59% despite a 68% sell order activity, contrasting with Nike (NKE) which dropped 6.09% but saw 61% buy orders and a much longer typical hold time of 155 days. FuelCell Energy (FCEL) rose 5.73% with nearly balanced order activity, illustrating varied investor behavior across these assets.
NextEra Energy and partners are developing Project Star, a $22.3 billion natural gas-powered energy campus in Encinal, Texas, aimed at powering a large data center and supplying the grid. The campus will have 6.47 gigawatts of generation capacity, wi...
UBS has increased its price target for G-III Apparel Group to $27.00 from $26.00, reflecting confidence in the company's financial health and market position. Although the current share price slightly exceeds UBS's target, other analysts see potentia...
Enerflex secured a contract to build about 450 megawatts of natural gas-fired power units for a North American data center developer, with deliveries starting in 2027 and completing in 2028. The company’s 2026 capital spending includes $15 million fo...
UBS lowered its price target for McCormick from $52 to $48 following the company's Q3 fiscal 2026 results. Although McCormick beat expectations and confirmed its full-year outlook, its net income fell sharply to $97.6 million from $225.5 million year...
TransUnion has announced that its VantageScore 4.0 mortgage scores will be priced at $0.99 each until December 2028, providing stable and predictable costs for lenders. This pricing strategy follows the Federal Housing Finance Agency's decision to ex...
