Read the full article on Seeking Alpha.
Excerpt:
The summer stock market swoon has finally struck. Losses from the highs reached on the morning of July 27 have not been all that dramatic, however. Still, large caps and small caps, domestic and foreign equities, have pulled back as the dog days of August roll on. You can’t blame this mini-correction on earnings season – the S&P 500 EPS beat rate has been just shy of 80%, above the 5-year average.
For now, key clues come from individual company earnings events and corporate body language. We highlight a pair of unusual quarterly reports on tap, along with a dividend resumption from a familiar low-cost airline.
Recent Content
-
_thumb.png)
Spin-Off Stocks Surprise to Start Q2 - Reviewing Recent Market-Newcomers
-
MoneyFM: US Markets Wrap: Increase in Wall Street analysts’ Q2 S&P 500 earnings estimates
-
_thumb.png)
The Final Peak Week of the Q1 Season Begins Just As Earnings Hit Their Stride
-
The Globe and Mail: The Final Peak Week of the Q1 Season Begins
-
_thumb.png)
Solar Stocks, Berkshire, and the latest Costco Craze
-
_thumb.png)
Big Tech Earnings Beats Stymie Q2 Sell-Off
-
_thumb.png)
Volatility Watch: Eyeing a Pair of Blue Chips with Unusual Earnings Dates in the Heart of the Reporting Season
-
Traders' Insight: Eyeing a Pair of Blue Chips with Unusual Earnings Dates in the Heart of the Reporting Season
-
_thumb.png)
The Magnificent 7 Get Set to Report Amidst an S&P 500 Losing Streak
-
Investing.com: Magnificent 7 Set to Report Amid S&P 500 Losing Streak: What to Expect
