Posted on 02/09/2022 11:11:56 AM PST by Justa
The S&P 500 extended gains from the regular trading session on Tuesday. The Nasdaq outperformed, with technology shares climbing as Treasury yields paused after a recent run-up. The benchmark 10-year yield eased back from its highest level since November 2019. ....
But an otherwise strong set of earnings results has helped underpin stocks in recent weeks, with the S&P 500 pacing toward a third straight weekly gain. Aggregate S&P 500 earnings per share (EPS) are currently exceeding consensus expectations by 6% so far for the latest quarter, according to Bank of America's update Tuesday. S&P 500 earnings are tracking toward a growth rate of well over 20% on a year-over-year basis.
"Right now what people are looking for in the markets is earnings, because we know moving through 2022 that earnings are going to come under pressure as margins contract and as the economy slows down. It's why we're concerned about things like rising interest rates, ... elevated inflation prints, [and] a policy misstep this year," Jack Manley, JPMorgan Asset Management global market strategist, told Yahoo Finance Live on Tuesday. "The what we're going to be able to avoid any of those potential pitfalls is through earnings."
Still, those concerns around inflation and the Federal Reserve's next monetary policy moves remain key areas of uncertainty for investors. And new data on these fronts is due later this week, with the January Consumer Price Index (CPI) expected to show a fresh 39-year high rate of inflation.
(Excerpt) Read more at finance.yahoo.com ...
Always take the opposite of Y! Finance to make money.
They’ll keep printing, the market will keep going up.
Soviet media, Soviet politics, Soviet policies, Soviet economics, Soviet results.
Stocks go up stocks go down. Reality is only one minor factor to this.
Should have bought more at the bottom, but just as well; Bears make money, Bulls make money, pigs get slaughtered.
Wholeheartedly agree.
Given one trillion in national debt at the end of 1999 to thirty trillion in debt today, this looks more and more like a "soviet" Ponzi scheme as the days tick off.
“Stocks go up stocks go down. Reality is only one minor factor to this.”
Reality is the long-term driver of stock prices.
They must do whatever it takes to keep their 🐀 buddies in power! Lemme see here ..covid over, mask mandates out, false fake job numbers, no interest rate increase, fake war cry....must be an election year! The great election heist is on! I hope the people never forget what the bastards did to the American people and their children. A years time is eternity in politics anything can happen and they are relying on the American folk to have short memories. BASTARDS!
like a drunk teenager with daddy’s/mommy’s credit card.
Obama literally spent 84-months printing 1% of the US Money Supply every month and actually doubled the circulation USG amounts; this in concert with every other government worldwide whose Central Banks also did the same so that all countries equally Quantitively increase their money supply - some countries cheated like China, of course, thus they could increase or decrease their currency’s valuation in standing with other nations - some countries spent their ways out of poverty. The EU is the driving force worldwide in QE simply because they run a 3-5% deficit yearly due to socialism’s short falls in productivity.
I have to stay nearly 100% in the market to stay ahead of inflation. Cash is about as useful as a savings account. Everyone is switching to a investment savings account like Robin Hood and making their cash withdrawals thru a investment account credit card. Then they pay the capital gains tax rather than a bank account interest tax. The younger people do options trading with their accounts. More conservatives do stocks.
This past week Fidelity sent me a flyer for Fidelity Youth Accounts which I’d like to setup so they can learn about compound interest and be more eager about earning money. It’s like if they don’t have something to spend it on they don’t care about making it. IMO once they understand compound interest they’ll have motivation to work hard.
Yahoo finance is even less credible than Yahoo news.
In case you’re unfamiliar with Yahoo, anyone, meaning you, your dog or insane psychopaths, can write for Yahoo.
These insane scribblers are paid one-quarter of a penny for each view of their post on Yahoo. Thus, they write bullcrap, sensational lies and defeatist propaganda to get clicks for their BS.
So, next time you get the irrational urge to post Yahoo crap, realize that you’re posting psychopathic communist propaganda. And if you do post this leftist crap, at least identify it as such in your first comment.
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