Although U. S. companies topped earnings expectations, stocks broke their three-week uptrend on fading prospects of a new stimulus bill before the election.
MoneyMatters Blog
"In the investing blog, I seek to help you take sound investment decisions free from emotion by sharing my objective insights on markets, sectors, and companies."
Sam Subramanian PhD, MBA, Editor, AlphaProfit MoneyMatters
Looking Back, Looking Forward – October 18, 2020
The bulls and bears battled as impasse over stimulus and mixed COVID19-related news offset better-than-expected third quarter earnings.
Looking Back, Looking Forward – October 11, 2020
U. S. stocks scored their biggest weekly percentage gain since July on optimism Congress will pass another stimulus package at least after the election.
Looking Back, Looking Forward – October 04, 2020
Hopes of new COVID19 relief legislation helped the S&P 500 buck economic and health concerns, ending its five-week losing streak.
Looking Back, Looking Forward – September 27, 2020
The S&P 500 suffered its fourth straight weekly loss as negatives on the economic, health, and political fronts weighed on stock prices.
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