The Morning Filter

In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Sarah Hansen discuss what last week’s midterm election results could mean for markets. They unpack the brutal selloff in technology stocks and Morningstar’s outlook for the artificial intelligence trade in the short and long term. They also preview upcoming earnings results from three technology stocks linked to the AI trade: semiconductor equipment firm Applied Materials AMAT along with neoclouds CoreWeave and Nebius Group.
Sekera and Hansen talk about new Morningstar research after another busy week of earnings, including from Apple, Clorox CLX and Palantir PLTR. Tune in to find out why we raised our fair value estimate for Arista Networks ANET, and why we cut our estimate for SanDisk SNDK.
They wrap the show with four undervalued growth stocks to buy while they’re still trading at a discount.
Episode Highlights
What the results of the midterm elections could mean for markets.
What to know ahead of earnings reports from neocloud firms CoreWeave CRWV and Nebius Group NBIS.
Is Apple AAPL a buy after earnings?
Why we cut our fair value estimate for SanDisk SNDK.
Under the hood of the AI selloff and the ongoing rotation from growth stocks into value.
Growth stocks to buy while they’re still undervalued.
Read about topics from this episode.
November Stock Market Outlook: How to Position Your Portfolio for the Remainder of 2026
Read Dave’s complete archive.

Got a question for Dave? Send it to themorningfilter@morningstar.com.

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar).

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next.

This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Sarah Hansen discuss last week’s market activity and the major selloff in technology stocks. They also cover what investors need to know after the October Federal Reserve meeting. They unpack another busy week of earnings, including upcoming reports from Apple, Palantir, Clorox, and Arm Holdings.
Tune in to hear Morningstar’s take on Alphabet’s post-earnings selloff, along with key considerations for investors after reports from Microsoft MSFT, Amazon AMZN, L3 Harris LHX, and more.
Sekera and Hansen also cover what investors need to about core holdings, including the qualities core stocks have in common and how to manage core positions in a portfolio. They wrap the show with three stocks to sell and three stocks to buy for November.
Episode Highlights
What to know after last week’s tech selloff.
What to watch when Apple AAPL, Palantir PLTR, Clorox CLX and Arm Holdings ARM report earnings this week.
Why Alphabet GOOGL/GOOG dropped 12% after reporting its third quarter results.
Is Amphenol APH still a buy after earnings?
What to know about core holdings, and how to manage core positions in your portfolio.
Stocks to buy and sell for the month ahead.

Read about topics from this episode.
Q4 2026 Stock Market Outlook: Individual Stock Selection Looks Increasingly Important
Read Dave’s complete archive.

Got a question for Dave? Send it to themorningfilter@morningstar.com.

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar).

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next.

This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Sarah Hansen unpack a very bumpy week in the markets, from a dramatic selloff in AI-linked names and an ongoing rotation from growth to value to a huge rally in the Treasury market. They cover what to watch for in upcoming earnings reports from Alphabet, Microsoft, Amazon, and more. They also recap a busy week of earnings and new research on SpaceX SPCX, Meta META, and Tesla TSLA.
They answer a viewer question about Morningstar’s star ratings for stocks, and Dave explains how to incorporate those ratings into a broader investment strategy. They wrap up with five stock buys that are trading at big discounts.
Episode Highlights
What’s behind the AI selloff and rally in Treasury bonds.
Expectations for the October Fed meeting.
What to watch in upcoming earnings from Alphabet GOOGL, Microsoft MSFT, and Amazon AMZN.
Is Hasbro HAS still a buy after earnings?
What slowing growth at Netflix NFLX means for the stock.
How to incorporate Morningstar’s stock ratings into your investment strategy.
Stocks to buy while they’re trading at big discounts.

Read about topics from this episode.
Q4 2026 Stock Market Outlook: Individual Stock Selection Looks Increasingly Important
Read Dave’s complete archive.

Got a question for Dave? Send it to themorningfilter@morningstar.com.

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar).

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next.

This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Sarah Hansen recap last week’s market activity, including the rotation out of growth stocks and how hotter-than-expected inflation data contributed to another spike in Treasury yields. They unpack what the market is now pricing in when it comes to monetary policy and economic growth.
They also cover what to watch in upcoming earnings reports from Meta, Telsa, Western Digital and Nebius Group NBIS, and discuss the key takeaways from Progressive PGR and ASML, and Schwab SCHW after earnings.
Tune in for a deep dive with Michael Hodel, director of communication services equity research for Morningstar, who explains SpaceX’s recent purchase of wireless spectrum infrastructure and what it means for the major US telecom firms. We wrap up the show with four stocks to buy while they’re still undervalued.
Episode Highlights
How hot inflation data moved the market last week.
Earnings to have on radar: Meta META, Tesla TSLA, Western Digital WDC, and more.
Takeaways from big bank earnings.
What we think of chipmaker ASML’s ASML growth prospects.
How SpaceX’s SPCX recent purchase of wireless infrastructure affects our view of US telecom giants Verizon VZ, T-Mobile TMUS, and AT&T T.
Undervalued stocks to buy for the long term.
Read about topics from this episode.
Q4 2026 Stock Market Outlook: Individual Stock Selection Looks Increasingly Important
Read Dave’s complete archive.

Got a question for Dave? Send it to themorningfilter@morningstar.com.

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar).

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next.

This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this bonus episode of The Morning Filter podcast, host Dave Sekera sits down with Morningstar Chief Economist Preston Caldwell to discuss their market and economic outlooks heading into the end of 2026. Tune in to find out why stock selection is becoming increasingly important, what valuations are signaling to investors, and how to position your portfolios as market risks continue to build.
They unpack expectations for economic growth, inflation, and interest rates and discuss how the artificial intelligence boom is affecting the economy. They close by talking about mega-cap stocks, what’s behind the rise in bond yields, and why conditions in private credit continue to worsen.
Episode Highlights
A third-quarter performance recap and where US stocks stand today.
The key risks to watch in Q4.
Which sectors, styles, and market caps offer opportunities, and where valuations look stretched.
Morningstar’s latest list of analyst stock picks.
Morningstar’s US economic outlook heading into 2027.
What rising rates and growing strains in private credit mean for fixed-income investors.
Read about topics from this episode.
Q4 2026 Stock Market Outlook: Individual Stock Selection Looks Increasingly Important


Have an idea for a bonus episode of The Morning Filter? Send it to themorningfilter@morningstar.com.

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar).

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next.

This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.