Is the Bull Market Over?
Hey, it’s Ross Givens here with the Chart of the Day. As traders, it’s easy to lose sight of the fact that buying a stock means owning a slice of a business. With earnings season on the horizon, it’s crucial to focus on the fundamentals. The latest chart reveals a promising trend: earnings upgrades far outweigh downgrades. This should bolster market confidence, even without rate cuts. While nothing is certain, it’s premature to shift to a defensive stance. Moreover, earnings season brings its own set of opportunities. Stay tuned for more insights on navigating this dynamic landscape.