Market Pulls Back Amid Rising Virus Cases And Grim Corporate Earnings Expectations

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Wall Street’s worry meter is ticking higher this morning as virus cases continue to rise, investors are pessimistic about the earnings season, and China threatens retaliation for U.S. sanctions.

now among the largest companies in the world, their growth-to-value transition has given them a safety appeal to many investors, helping give them market leadership on days like Thursday.

Historically speaking, the IMX – which is TD Ameritrade’s proprietary, behavior-based index aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets – is toward the lower end of its readings.

 

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This article is from Friday morning and already woefully outdated... the markets finished strong.

WH it’s not the Economy.......

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