Monday, October 17, 2016

An Apple Earnings Beat Could Fuel Another Big Run For The Stock

Stocks continue to chop around as we head toward a lineup of huge events in the coming weeks. First, we have third quarter earnings reports underway. Remember, last quarter companies reported into lowered expectations. And they beat at about the same rate they historically beat--about 70% of the time. But conveniently, they accompanied those better earnings with downgrades on the third quarter outlook.

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