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Fundstrat: Earnings Update

S&P 500 Target of 3,150 And The Importance of 2,950 Pivot on Volume

The S&P 500 4Q19 sales and earnings update is as follows: 41 companies are reporting this week and of the 46 companies that have reported so far (9% of S&P 500). Note that 70% of these names are beating earnings by and estimate of 9%. Also not that 61% are beating by an average of 3%.

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Disclaimer: We do not provide investment advice or strategies, this article is not intended as such but only to provide you the reader with information. Please conduct your own research before any investment of any kind.

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