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Microsoft and Alphabet earnings are signaling one thing: A lot of bad news has been priced in

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Pro Picks: Watch all of Friday's big stock calls on CNBC
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CNBC ProPro Picks: Watch all of Friday's big stock calls on CNBC
Goldman says buy puts on these stocks with deteriorating fundamentals in this bear market
CNBC ProGoldman says buy puts on these stocks with deteriorating fundamentals in this bear market
The beaten-down stock market may get a slight reprieve as the calendar turns to October
CNBC ProThe beaten-down stock market may get a slight reprieve as the calendar turns to October