Market Week Ahead: Can The Stock Market Fly With A Lame Duck Congress?
Detailed summary
After testing some dangerous lows, the stock market watches for a specific signal — amid a waning earnings season and a neutered Congress. The post Market Week Ahead: Can The…
Amid the market chaos that followed the midterm election results, the stock market also passed through the peak week of the September quarter reporting season. Some 88% of S&P 500 companies have thus far reported. Of those, 84% topped consensus EPS estimates. That is above the five-year average of 78%. Those earnings beats are averaging 2.7% above estimates, vs. a…
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