Dale Smothers Sees 8,000 SPX by End of 2026, MU Earnings Volatility Ahead

The "reversal" of market reaction to Wednesday's core PCE print remains plagued by crude oil's price spike despite continuing earnings strength, says Dale Smothers. He expects those earnings to bring the S&P 500 (SPX) to 8,000 or higher by year's end. Dale tells investors to "buckle up," however, noting that the path higher will be bumpy. On Micron (MU) earnings, he would "not be at all surprised" if the stock plunges after the report even if it presents blockbuster numbers.

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30 Sep 2026

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