Earnings: Early Trend Suggests EPS Growth May Have Already Bottomed in Fiscal Q2

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Market Overview Analysis by Investing.com (Francesco Casarella) covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Investing.com (Francesco Casarella)'s latest article on Investing.com

Quarterly earnings reports have begun to pour in on a positive note, especially for the big banks. In fact, based on the performance of the companies that have already reported so far, the current trend indicates that we have already bottomed out in the previous quarter.

Regarding the Big 7, these large-cap U.S. tech stocks trade at considerably higher valuations compared to the other 493 stocks in the index.This dynamic certainly skews the overall index valuations towards the higher end, but it's important to note that most stocks still trade at lower valuations. This is why, as investors, it's important to focus on valuations, particularly when they deviate from fair value . This approach ensures that our investments are poised for long-term success.

Stocks were up yesterday by around 1.1% on the S&P 500, but we have gone nowhere now in a week, so the bulls are making no progress. The question in front of us is which way...US dollar has continued to gain ground after taking a breather on the weekend Meanwhile, both crude oil and gold have experienced minor corrections following their significant...

 

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