The Traderszone Network

Published in TZ Latest News 19 August, 2017 by The TZ Newswire Staff

With Earnings Season Winding Down Whats Next?

As earnings season winds down traders are going to be looking for new reasons to be long the market. So far, according to Thompson’s Reuters, 460 of the companies represented in the S&P 500 have reported earnings with almost 74% beating expectations. This is 10% above the long term average and helps explain why the market has been so strong, at least until last week when we saw some deterioration.

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