With earnings season over and summer season over, we nonetheless have a couple of months to get again to work. Inside sentiment knowledge from Vickers Inventory Analysis through the earnings season was encouraging, particularly for high-tech NASDAQ-listed shares. However the quick time period (one week) Vickers knowledge is just not but in keeping with the long run (eight weeks) – so a convincing bull name has not been achieved. Buyers’ consideration is now turning to the financial system, the Fed, and presidential election season, occasions that typically haven’t got the flashback of a shocking (or apocalyptic) earnings report. The present sentiment knowledge from Vickers appears to replicate that gloomier outlook.
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