Biggest one day fall since sometime in 2016 I heard on telly
What’s happened since that dreadful day?
No worries
But bull.. et al love these big daily swings eh ...I just love the relentless up trend
Printable View
It is at times like this we seek inspiration.
I think we need to go no further than Alfred E Neuman's wise words;"What Me Worry ?"
From FactSet ....says things are all honky dory
No worries
To date, 50% of the companies in the S&P 500 have reported actual results for Q4 2017. In terms of earnings, more companies are reporting actual EPS above estimates (75%) compared to the five-year average. In aggregate, companies are reporting earnings that are 4.0% above the estimates, which is below the five-year average. In terms of sales, more companies (80%) are reporting actual sales above estimates compared to the five-year average. If 80% is the final number for the quarter, it will mark the highest percentage of S&P 500 companies reporting positive sales surprises since FactSet began tracking this metric in Q3 2008. In aggregate, companies are reporting sales that are 1.4% above estimates, which is also above the five-year average.
Sometimes I don't understand market panic. The sp500 and Dow are still both higher than they were at the beginning of the year. Before last week they were up 6% for the month of Jan which was ridiculous and needed a pullback
Old saying .... what goes January goes for the year
If US markets up in January then full year up (more than 70% of the time) ......and full year often up 20% plus
No worries
https://www.cnbc.com/2018/02/01/best...-the-year.html