Page 14 - Nalyst Note News Today

September "is widely viewed as a rotten month for stocks, which has been true during 55% of Septembers since 1928," Ed Yardeni said.

"We can't help but remain skeptical that economic growth is accelerating... We think the optimism should be faded," Mike Wilson said.

In years when the stock market is up 10%-20% heading into September, market returns are positive 65% of the time during the month.

One investor who is probably paying attention to Apple's risks is Warren Buffett, as Berkshire Hathaway owns a $180 billion stake in the company.

"Nvidia's unmatched software capabilities and exposure to secular AI and data center tailwinds reinforce its position as a top secular grower."

Higher gas prices at the pump weigh heavily on consumer sentiment and could lead to more rate hikes from the Fed if inflation reaccelerates.

"The fact is that the iPhone 15 Pro Max will start mass shipments this week," Ming-Chi Kuo said in response to concerns about potential supply issues.

"Today's macro data... tell us that now is the time for offense, not defense" in the stock market, BofA's Savita Subramanian said.

"We have little doubt that Nvidia will sell every GPU it can secure from TSMC in the quarters ahead," Morningstar said.

"We expect Nvidia to maintain its status as the accelerated computing industry standard for the foreseeable future," Goldman Sachs said.