Strong Earnings In The Third Quarter
In hisDaily Market Notes report to investors, while commenting on the strong earnings, Louis Navellier wrote: Q3 2021 hedge fund letters, conferences and more Strong EarningsThe market opened down to more concerns about inflation after some noise from European bankers wanting to raise interest rates, that crude oil opened at a 7-year high fueling inflation concerns, and a weak 3Q GDP number out of China. But then the strength of earnings took over. 80% of the 41 companies which have already reported beat their EPS expectations. New forecasts are for the S&P 500 to bring in 30% growth for the q...