Market Moves
Here’s the Case for Market Optimism, Built on a Virus Retreat
Commonwealth’s McMillan lays out the road back to normal. Hey, investors seem to agree.
Tag: Earnings
CalSTRS Lambasts Exxon’s Red Ink and Carbon Capture Venture
The oil giant shows that it needs fresh faces in its boardroom, says the pension fund.
Market Moves
Market Already Has Priced in Good 2021 Earnings, Says Moody’s
Profit forecasts are heady for next year, after 2020’s bust. But it won’t boost stocks much, John Lonski says.
Market Moves
The Market’s November Was Spectacular, So December Will Be … Down?
An LPL historical study shows the tricky dynamics for stocks in the year’s final two months.
Market Moves
3Q Corporate Earnings Look Better and Better, Yardeni Says
S&P 500 profits should be down just 7.1%, a big upgrade from more dire previous calls.
Market Moves
2021 Economy Won’t Start Off Well, but Last Half Will Be Good, BofA Predicts
Problems like the virus and high joblessness will continue for a while, the bank’s strategists declare.
Market Moves
Here’s a Bullish Call: JPM Says We’re Entering ‘Market Nirvana’
The bank credits split government, a possible vaccine, Fed actions, and possible trade war abatement.
Market Moves
A Divided Congress Is Good for Stocks, Study Says
When neither party controls both side of Capitol Hill, the S&P 500 does best, per LPL study.
Market Moves
Biden Tax Hikes Would Help Junk Bonds, Says Market Savant
Maybe not so much stocks, but high-yield is well-positioned if the Democrat wins and enacts his agenda, Northeast’s Monrad forecasts.
Market Moves
3Q Earnings Could Be Less Bad Than Expected
Corporate profits should lose just (just?) 17%, UBS says, better than previous forecasts.
News
LPL: 2020’s Strong 3rd Quarter Means Stocks Will Do Fine in the 4th
When the market’s July-September period is good, the October-December one will be, too, but somewhat less good in a presidential year.
Market Moves
Goldman’s 10 Reasons That the Bull Market Will Resume
An array of forces will juice stocks anew and the early-September drop is just a correction, the firm argues.
Research
Will Last Week’s Selloff Wake Up Investors to the Overvalued Market? El-Erian Asks
Allianz sage spells out the difference between lowered fundamentals, like earnings, and the current rally.
Market Moves
Why 3rd Quarter Earnings Might Just Romp, Sage Predicts
One-shot wonder: New stimulus money and pent-up consumer demand will fuel profits, says economist David Levy. Alas, the 4th period won’t be so hot.
Market Moves
Stock Market Will Be Flat for a While, Says Bob Doll
Flanked by giddy bulls and gloomy bears, the Nuveen strategist looks for an earnings rebound in the fourth quarter and a lessening of the virus’ malign effect.