Uploaded September 2026 | Updated September 2026, 19 hours ago
On this episode of The Buck Stops Here, host Cathrine Murray sits down with Sam Stovall, Chief Investment Strategist at CFRA Research, to unpack a remarkable earnings season and what it signals for the road ahead. With Q2 profits more than doubling expectations and all 11 S&P sectors seeing upward revisions, Sam explains why the AI story runs deeper than tech alone and where the real opportunities are hiding.
Cathrine and Sam dig into September seasonality, the midterm-election drawdown pattern, a new Fed chair likely to hike rates, and elevated energy prices tied to Middle East tension. Sam shares his "GARP" approach, overweight calls on technology, industrials, healthcare and energy, and the five-star names he's watching heading into year-end, plus the one thing that could actually derail this bull market.
TIMESTAMPS
00:00 — Intro: earnings, seasonality & the big picture
00:39 — Q2 earnings smash expectations, more than doubling
02:02 — What's driving the strength: AI, chips & the U.S. economy
03:27 — The consumer, interest rates & discretionary weakness
05:37 — Where's the value? Overweight tech, industrials, healthcare & energy
07:12 — The energy trade and why prices could stay elevated
08:46 — September seasonality and the midterm-year pattern
11:33 — Fed chair, rate hikes & midterm drawdowns
15:22 — The momentum trade and the Mag Seven
17:32 — Five-star picks in tech and healthcare
19:55 — What could derail the bull market?
GUESTS
• Sam Stovall: Chief Investment Strategist - CFRA Research
The Buck Stops Here
Host: Catherine Murray
FOLLOW US
• Subscribe: youtube.com/@TheNewsForum
• Twitter/X: https://x.com/thenewsforum_
• LinkedIn: linkedin.com/company/the-news-forum
TAGS
#TheBuckStopsHere #SamStovall #CFRA #StockMarket #Investing #Earnings #SP500 #MarketOutlook #SeptemberSeasonality #Midterms #FederalReserve #InterestRates #Energy #TechStocks #Healthcare #MagSeven #AIStocks #Semiconductors #Finance #WallStreet #StockMarketNews #InvestingTips #MarketAnalysis #Stocks #PortfolioStrategy
On this episode of The Buck Stops Here, host Cathrine Murray sits down with Sam Stovall, Chief Investment Strategist at CFRA Research, to unpack a remarkable earnings season and what it signals for the road ahead. With Q2 profits more than doubling expectations and all 11 S&P sectors seeing upward revisions, Sam explains why the AI story runs deeper than tech alone and where the real opportunities are hiding.
Cathrine and Sam dig into September seasonality, the midterm-election drawdown pattern, a new Fed chair likely to hike rates, and elevated energy prices tied to Middle East tension. Sam shares his "GARP" approach, overweight calls on technology, industrials, healthcare and energy, and the five-star names he's watching heading into year-end, plus the one thing that could actually derail this bull market.
TIMESTAMPS
00:00 — Intro: earnings, seasonality & the big picture
00:39 — Q2 earnings smash expectations, more than doubling
02:02 — What's driving the strength: AI, chips & the U.S. economy
03:27 — The consumer, interest rates & discretionary weakness
05:37 — Where's the value? Overweight tech, industrials, healthcare & energy
07:12 — The energy trade and why prices could stay elevated
08:46 — September seasonality and the midterm-year pattern
11:33 — Fed chair, rate hikes & midterm drawdowns
15:22 — The momentum trade and the Mag Seven
17:32 — Five-star picks in tech and healthcare
19:55 — What could derail the bull market?
GUESTS
• Sam Stovall: Chief Investment Strategist - CFRA Research
The Buck Stops Here
Host: Catherine Murray
FOLLOW US
• Subscribe: youtube.com/@TheNewsForum
• Twitter/X: https://x.com/thenewsforum_
• LinkedIn: linkedin.com/company/the-news-forum
TAGS
#TheBuckStopsHere #SamStovall #CFRA #StockMarket #Investing #Earnings #SP500 #MarketOutlook #SeptemberSeasonality #Midterms #FederalReserve #InterestRates #Energy #TechStocks #Healthcare #MagSeven #AIStocks #Semiconductors #Finance #WallStreet #StockMarketNews #InvestingTips #MarketAnalysis #Stocks #PortfolioStrategy
