FOMC Preview for the Little Market That Could

The October FOMC Rate Decision is coming! And so is the Anthropic (ANT) IPO.

JR Romero breaks down what you need to know:

If you spend just five minutes scrolling through financial social media, you might think the sky is falling every 10 minutes. Between sticky inflation, election drama, and upcoming Federal Reserve meetings, there is plenty of drama. Yet, when you cut through all the doom and gloom, one clear reality stands out: the market simply refuses to break down. 

Looking at the big picture, the S&P 500 has just kept on trucking, staying right near all-time highs. Corporate earnings across the board have stayed remarkably strong, and broad stock valuations are pretty reasonable. While commentators online scream about danger, the actual long-term charts tell a much calmer, healthier story.

A huge driver behind this market resilience continues to be artificial intelligence. Anthropic’s recent S-1 filing revealed massive revenue growth alongside staggering computing costs. In many ways, modern AI behaves like the classic movie monster “The Blob”. The more data and processing power the system consumes, the bigger it grows, which in turn forces tech companies to buy even more computing hardware just to keep up. It has turned into an endless cycle where tech giants pour billions of dollars into each other to keep the momentum going. It's an endless game of musical chairs but the music has not stopped yet.

So how should everyday traders handle this wild mix of politics, interest rates, and runaway tech spending? The smartest approach is simple: ignore the constant chatter, stick to the price charts, and look for companies that quietly profit from these massive structural trends.

JR shares some standout ideas, like United Rentals (URI), a heavy-equipment provider that directly benefits from the endless construction of new data centers across the country. He also highlights TG Therapeutics (TGTX) and Abercrombie & Fitch (ANF), among other names.

Rememberhe market will always give you a reason to worry. While internet experts loves predicting the end of the world, the market keeps going.

Don't argue with the price action. That's the lesson here.