10/14/2026
Day 157 of this Investing Challenge, and We Just Broke $25,000!
Today, the market pulled back slightly as Q3 earnings season kicked into high gear and investors reacted to results from some of the country's biggest banks.
JPMorgan, Goldman Sachs, Wells Fargo, and Citigroup all reported earnings today, and the reactions were mixed.
Citigroup actually beat expectations, with profit and revenue coming in stronger than analysts expected, but the stock still fell as investors focused on weaker trading activity and concerns about higher rates.
Goldman Sachs also beat expectations, helped by a huge jump in equities trading revenue, and its shares eventually moved higher after a volatile session.
Oil is still another major factor to watch.
Brent crude remains above $106 per barrel, keeping inflation and energy costs elevated as geopolitical tensions continue.
Though, there is at least one piece of better news.
The 10-year Treasury yield has eased from the 5.3% levels we saw last week to 5.215%, which could help relieve some pressure on borrowing costs if that trend continues.
Why do we watch the 10 year treasury yield?
It's because it is closely watched it influences:
Mortgage rates, Auto loans, Business financing, and even Stock valuations
For our challenge, though, nothing changes.
We are dollar cost averaging into the market every day it's open.
And now that we’ve officially crossed $25,000, we’re getting close to our next goal of $30,000.
If all this market volatility has you nervous about investing your hard earned money, there are still ways to put your cash to work with lower risk.
I made another video comparing options like:
1. High-Yield Savings Accounts
2. Money Market Funds
3. SGOV a short term treasury ETF.
Watch that video next, and I’ll see you tomorrow for Day 158!
Blake Alewelt
Shieldline Financial and Bravo Ridge Group at eXp Realty
[email protected]
https://www.shieldlinefinancial.com/
West Des Moines, IA
Licensed to Sell Real Estate in Iowa