Let us explore the issue with the help of a chart.
• The chart shows the Arora buy signal given on Christmas Eve. In hindsight, the Arora buy signal was given at the exact low of the present cycle. Since the Arora buy signal, the stock market has jumped about 23%.• Earnings are the single best determinate of future stock prices. • Progress in China trade talks has helped, but in our opinion, the Fed’s policy has been the main driver of this rally.
This does not mean that investors should sell stocks wholesale. The reason is that the market is controlled by the momo crowd. The momentum is to the upside. The momentum can easily carry the market to new highs. Many short-sellers likely have stops above the old highs. If the old high is taken out, these stops will trigger more upward pressure on the stock market.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GameStop is sinking after the company said it won't issue annual earnings guidance (GME) | Markets InsiderGameStop is sinking after the company said it won't issue annual earnings guidance (GME) ❤️❤️❤️
Source: BusinessInsider - 🏆 729. / 51 Read more »
First quarter earnings are expected to be lousy, but the stock market may not careThe worst earnings season in three years is about to begin, but stock strategists say the market should be able to ignore weaker profits and continue to edge toward all-time highs. Earnings don’t matter unless they are collapsing. The Fed matters more. 999 baby! Glass half empty. Classic spin LOL... What a joke this is You people keep trying to fool the market... It will not last
Source: CNBC - 🏆 12. / 72 Read more »
How the worst earnings season in years could trip up the stock marketEarnings season kicks off this week, but before you get too excited about what the next batch of quarterly results could mean for stocks, you might want to... buy Don't worry FED will print more money to cover any losses in stock market Wonder when will the rest of the world start realising that dollar is a dud $usdq I love discount sales! Stock market “blue light specials” are the best! Buy buy buy
Source: MarketWatch - 🏆 3. / 97 Read more »
A stock picker who's dominating 92% of his peers breaks down his market-beating strategy — and reveals 5 stocks he loves, even as earnings growth dries upJim Tierney at AB invests in no more than 20 companies that hold the promise of growing profits even in an earnings recession.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market trades at session low with energy sector, Boeing's stock weighingThe stock market traded at session lows with about two hours left in regular trade Wednesday afternoon. There appeared to be no direct catalyst for the...
Source: MarketWatch - 🏆 3. / 97 Read more »
Here comes Levi Strauss' first earnings report as a public company in nearly 35 years ...Levi Strauss, which returned to the public market last month, is scheduled to report quarterly earnings on Tuesday afternoon. Private company
Source: BusinessInsider - 🏆 729. / 51 Read more »
Expected Earnings Pullback Sets Up Big Test for Bull MarketAs earnings season kicks off in earnest this week, the expected slide in profits will come up against an accommodative Federal Reserve that has fueled a sharp bounceback in stocks this year How quick can we make this a bad thing for trump? Tic toc Good work ! We also use InstaCryptoNews for fresh news
Source: WSJ - 🏆 98. / 63 Read more »
European markets seen lower amid concern over corporate earningsEuropean stocks are set to open lower Monday morning, as investors prepared for what is expected to be a tough U.S. earnings season.
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse: Don't expect Netflix's Q1 earnings to 'spark joy,' but buy the stock anywayNetflix's upcoming earnings report may not send the stock rallying, but the stock is still a good buy in the long run, according to a Credit Suisse analyst. Hmmm, would Credit Suisse’s giant position with Netflix benefit if a lot of people bought the stock?
Source: CNBC - 🏆 12. / 72 Read more »