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2,958.8 standard & poor's 500

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pbong1

117 Posts.

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10/06/20

10:03

Post #: 45129001
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Originally posted by Womtrade: ↑

Investing.com does provide some estimates for quarter ending 30 June 2020.

Have a look at the estimates for Apple and Amazon for example and see how their revenue and EPS have fallen off a cliff since 31 December 2019.

Keep in mind that the recent quarter is not going to reflect the massive changes in the economy with out of control unemployment, riots and the very likely chance that state governors will impose a second and longer lasting lockdown.

The upcoming quarter is going to lay bare the truths of just how the economy is tracking and if all the recent announcements have been fake news.

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What I am afraid of is that the estimate is so bad that they can beat easily a market will take off again.

Last edited by pbong1: 10/06/20

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