Currently, about 90% of companies in the S&P 500 have reported first quarter earnings.
You wouldn’t believe it if you only read the news (much of it negative, of course) … but a full 78% of them have reported earnings per share (EPS) above Wall Street estimates.
As investors and traders, we really need to know how the market reacts to companies reporting above or below their estimated EPS. That’s particularly true now, given how trade war headlines have been affecting sentiment.
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