From the Desk of Anthony Pompliano Buying Opportunity Of The Year? Why S&P Could Finish 2026 Up 10%
18 snips
Apr 1, 2026 
Ryan Detrick, Chief Market Strategist at Carson Group, offers quick-market perspective and portfolio thinking. He explains why a roughly 9% pullback can be a buying opportunity. Short takes cover software stocks' upside, commodity and gold moves, Fed policy decisions, midterm-year market patterns, and how diversification and AI are shaping advisor strategies.
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Corrections Are Normal
- Market drawdowns of ~10% are common and not necessarily a signal of structural failure.
- Ryan Detrick notes the average year pulls back 14% and midterm years are typically more volatile, so the recent ~9% drop is within historical norms.
Earnings Stayed Resilient During The Pullback
- Stocks pulled back but earnings estimates and profit margins have stayed strong.
- Detrick points out forward 12-month S&P earnings rose ~2.7% and profit margins hit an all-time high near 15%, softening valuation concerns.
Dip Buy Software Stocks
- Consider buying quality software names after the pullback instead of panicking.
- Carson Group added a software ETF because many software stocks are as cheap as 2014 and solid moats remain despite AI fears.