from the June investment comments of Provident Investment Management Weakness in the global economy and a strong dollar has negatively impacted first quarter 2019 earnings for U.S. companies that do substantial business abroad. According to FactSet Research, with 90% of S&P 500 companies reporting, first-quarter EPS has declined 0.5% on a sales gain of 5.3%. […]
The post Bad News Built in to Stock Prices, So a Little Good News Could Go a Long Way appeared first on The B-Trader.
source https://thebtrader.com/2019/07/02/bad-news-built-in-to-stock-prices-so-a-little-good-news-could-go-a-long-way/?utm_source=rss&utm_medium=rss&utm_campaign=bad-news-built-in-to-stock-prices-so-a-little-good-news-could-go-a-long-way
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