As the the tariffs drama keeps playing back and forth it has lost its power to have a day-to-day impact on the market. Now the market attention is likely to come back on the earnings reports. So far 36% of the companies in the S&P 500 have reported earnings for the fourth quarter. Of these companies, 77% have reported actual EPS above the mean EPS estimate, which is equal to the 5-year average of 77% and above the 10-year average of 75%, that is the main support for the current bull market.........................
Edited by redfoliage2, 04 February 2025 - 08:47 AM.