Yes - it's Earnings
Season, when expectations are not fulfilled and the stock price rises, and expectations are beaten to death, and the stock price drops.
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This is the time when even a whiff of optimism will see a stock price fly:![]()
Of course, (wink, wink) we all know that the figures are massaged and the only people fooled are the analysts who produce all those expectations:
![]()
Let's do more forecasts. Yeah!
![]()
So - Let's have a look at what the market thought of the first week of Earnings Season:
![]()
XJO up +0.7%.
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See ya all t'morro
RB
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