Part 3/12:
The broader macro environment currently favors optimism, with some caution. The speaker predicts roughly a 50% chance of a seasonal correction in late September and October, primarily linked to the Federal Reserve's meetings. Fortunately, the recent Fed meeting did not trigger such a correction, easing immediate fears. The next pivotal event is the Fed's meeting on October 29th, which could influence market momentum. However, with upcoming Tesla earnings scheduled for October 22nd, the period before that remains relatively stable, offering a strategic window for trading.