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2 thoughts on “Just Another Magnificent 7 Article

  1. Well, we are starting another earning season. As of today, 16% of the S&P 500 has reported (including none of the Megas) and 61% by count (70% by market cap) have beaten 3Q consensus revenue and 80% (93%) beat 3Q EPS, 54% (64%) have had 4Q consensus revenue rise and 47% (57%) had 4Q consensus EPS rise. Average price change on report has been 1.5% by count (2.0% by cap). Best reactions to reports so far in Comm Srvcs, Financials, Info Tech; worst in Energy, Health Care, Real Estate. Disclaimer: just my tracking, which could be wrong.

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