Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

3 Things You Need to Know About This Historic Earnings Season: Part 2

Published 04/23/2021, 10:59 AM
Updated 04/23/2021, 12:31 PM
3 Things You Need to Know About This Historic Earnings Season: Part 2

Today's article features the SPY and touches on AMZN and BABA. It covers the "3 Things You Need to Know About This Historic Earnings Season: Part 2." Read for details.In part 1 of this series, I explained why the market's red hot start to 2021, on track for 25% to 40% gains depending on the index, required earnings growth to be a blockbuster in 2021 and beyond.

So far Q1 earnings season has brought almost all good news, and expectations for 60% EPS growth through 2023 have fueled a bull market for the ages.

There's even the chance that another $5.3 trillion in stimulus could drive double-digit earnings growth through 2024 or even 2025.

Continue reading on StockNews

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.