Good morning investors! Houthis have continued to attack on Saudi, worsening the situation in the region.
Today we cover:
What to expect this week
Cell-tower companies to win?
Investing in Pokemon cards
📊 Economy and News
What to Expect This Week d
Here’s what to keep an eye on this week:
Monday, Oct. 12
U.S. bond markets are closed for the holiday; stock markets remain open. No major economic releases or big earnings.
Tuesday, Oct. 13
Major banks report before the open, giving the first clear look at Q3 profitability, net interest income, trading results, and credit quality:
JPMorgan Chase (JPM) — results ~7 a.m. ET, call at 8:30 a.m. Consensus ~$5.93 EPS.
Goldman Sachs (GS), Citigroup (C), Wells Fargo (WFC) also report.
UnitedHealth (UNH) and Johnson & Johnson (JNJ) add healthcare color.
Domino’s Pizza (DPZ) and Albertsons (ACI) offer consumer and grocery insight.
Economic data: NFIB Small Business Optimism (6 a.m.) and Existing Home Sales (10 a.m.).
Wednesday, Oct. 14
CPI (8:30 a.m. ET): September headline expected ~3.6% YoY (up from 3.4%), core ~2.5%. This is the last major inflation print before the late-October FOMC meeting.
Fed Beige Book at 2 p.m. ET.
More banks: Bank of America (BAC), Morgan Stanley (MS), plus ASML (chip-equipment maker) and BlackRock.
Thursday, Oct. 15
Retail Sales (8:30 a.m.): September expected to slow to ~0.3% after a strong 1.2% in August.
PPI, weekly jobless claims, Empire State and Philly Fed manufacturing indexes also land at 8:30 a.m.
TSMC (TSM) hosts its earnings call (afternoon ET / evening Taiwan time). J.B. Hunt (JBHT) reports after the close. Regional banks (USB, PNC, etc.) also report.
Friday, Oct. 16
Import/Export Prices (8:30 a.m.) and Industrial Production + Capacity Utilization (9:15 a.m.).
A few remaining regional banks and insurers (e.g., Travelers) report. Options expiration may add end-of-week volatility.
Global hits:
Brazil inflation rises above central bank target in September.
EU presidency proposes 8% cut to its 2028-2034 budget to €1.6 trillion.
World Bank in talks with dozens of countries about crisis aid.
Reminder: US consumer sentiment near record low as frustration over economy mounts.
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📈 Stocks
S&P 500 7,811.54 (+0.59%)
DJIA 51,654.95 (+83%)
NASDAQ 27,366.17 (+0.64%)
BRENT CRUDE 103.26 (-1.23%)
* Prices as of Oct 12th, 12:20 AM UTC
SpaceX Spectrum Deal May Benefit These Stocks
SpaceX is expanding its wireless ambitions, and cell-tower companies are the early winners.
After the news, shares of American Tower, Crown Castle, and SBA Communications all jumped at least 6%. Crown Castle led the group with a gain of about 12%. In contrast, AT&T, Verizon, and T-Mobile fell sharply, with T-Mobile down roughly 10%.
We know that Spectrum will help Starlink Mobile signals penetrate walls and reach devices inside buildings—coverage that still relies on traditional cell towers in dense urban areas.
Analysts called the move a clear positive for the tower sector. Madison Rezaei of Bernstein wrote that it undercuts the idea that towers are becoming obsolete in a direct-to-device satellite world and raises the chance of a new customer for tower capacity.
Tower stocks have struggled for years. Higher interest rates and the rise of satellite connectivity weighed on the group. Over the past five years, American Tower is down more than 30%, SBA about 45%, and Crown Castle about 55%.
Some observers remain cautious. Gregory Williams of TD suggested SpaceX could be using the spectrum news partly as leverage to negotiate a cheaper mobile virtual network operator deal with an existing carrier. Still, most analysts treat the purchase as a serious step toward denser terrestrial service.
JPMorgan’s Sebastiano Petti noted that SpaceX would likely need macro towers to deliver performance comparable to traditional wireless networks. Bernstein’s Rezaei agreed that the company appears to be keeping a terrestrial build option open. Petti also flagged Anterix’s 900 MHz spectrum as a possible future target for SpaceX.
Interesting: The Justice Department is investigating whether ABC, CBS, CNN, Fox and NBC violated antitrust law by jointly suspending pooled television coverage of Trump.
Jaguar reveals a $130,000 all-electric vehicle.
Trump launches new effort to oust Fed Governor Lisa Cook.
Surprising: Trump says he is ‘going to look at’ joining Saudi Arabia in the fight against Iran-backed Houthis.
💵 Personal Finance
Pokémon Cards Surge in Value: Opportunities and Risks for Collectors
Pokémon and other trading cards are attracting growing interest as collectibles and alternative investments. A record $16.5 million sale of a rare Pikachu Illustrator card has highlighted the market’s potential, while rising sports-card prices are encouraging buyers to explore non-sports cards featuring popular characters and franchises.
A card’s value depends on its authenticity, condition, rarity, professional grading, and resale demand. Cards graded PSA 10, representing near-perfect condition, can command particularly high prices. The market is expanding rapidly, with trading-card games accounting for a growing share of grading activity and sales.
However, trading cards are risky investments. Prices can fluctuate, some cards may lose value, and counterfeit Pokémon cards are becoming increasingly common. Buyers should research verified sales, compare prices, check population reports, and use reputable authentication and grading services before purchasing.
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