There Is Still Plenty Of Optimism To Be Wrung Out

More investors have shifted focus to guidance, notes Kevin Gordon. He talks about how the sales beat rate is the lowest since 1Q20, but there is still plenty of optimism to be wrung out. He also highlights that there is more room to fall compared to prior corrections. He previews the Jackson Hole economic symposium which will begin Thursday. He then goes over what's at stake for the Fed this week, as well as how seasonality factors into current market weakness. Finally, he gauges current investor sentiment. Tune in to find out more about the stock market today.