How Q3 Earnings Growth Will Impact the Stock Market -Breaking
This is now the 3rd week of the market’s melt-up. It’s unusual for the S&P 500 (SPY) to go up so long without a pullback. But, it’s the most logical outcome given the combination of year-end strength, fund manager inflows, and a strong earnings season. Yes, the earnings season was strong overall, despite some notable misses and cautious comments on conference calls. In today’s commentary, I want to review earnings season in more detail and discuss some interesting, potential opportunities in the market. Read on below to find out more….Enjoy this version of my weekly comment published on November 1, 2021, from the POWR growth newsletter.
First, let’s take a look at the past week:
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