
80% OF EARNINGS BETTER THAN ESTIMATES
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Better Earnings Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: In yesterday’s Morning Capsule we wrote: Here is what to watch. Technical – the character of the first rally and subsequent pullback. This is the most important thing to watch in the short term. Fundamentals – watch earnings. 109 S&P 500 companies will report earnings this week. Macro – jobs report on Friday. Also watch statements by Fed officials. Technical – the chart shows that