Happy Monday, Insiders! Rough week for tech: the Nasdaq just had its worst week since June, the 10-year yield is above 5%, and Brent crude is near $108 on Middle East supply fears. Earnings now have to do the heavy lifting. 🏦 EARNINGS Tue: GM, GE Aerospace, RTX, 3M (before open); Netflix, Capital One, United Airlines (after close) Wed: Abbott, AT&T, Thermo Fisher (before open); Meta, Tesla, IBM, Texas Instruments, Lam Research (after close) Thu: Procter & Gamble, Union Pacific, Lockheed Martin, Blackstone (before open) Fri: American Express, SLB (before open) Bellwether: Meta. Its AI spending story could steady, or deepen, the chip selloff. 🔥 DATA A light week. Tue: housing starts. Thu: jobless claims (~200K expected). Fri: flash PMIs (manufacturing 55.5, services 57.9 expected) and final UMich sentiment (46.3). 🏛️ THE FED Quiet period, so no Fed speakers. Next decision is Oct 28 (press conference 2:30 PM ET). Markets price only about a 15% chance of another hike. 📅 OTHER Oil headlines out of the Strait of Hormuz can move markets any day. Next week brings Q3 GDP, September PCE and the Fed. My take: With the VIX above 22, expect big post-earnings moves in both directions. Keep position sizes modest into Wednesday night and let the numbers come to you. Syed