“The weakness has carried over from Friday,” observed Schaeffer’s Senior Technical Strategist Ryan Detrick, CMT. “It’s hard to imagine the S&P 500 Index (SPX) went from a new all time high to down on the year in just two
In the fourth quarter of 2013, the S&P 500 hit record highs, while the majority of corporations (95) reported negative EPS guidance, and 12 issued positive EPS guidance, according to FactSet Research. The estimated earnings growth rate for
During the course of the recent trial on patent dispute settlement between tech giants Apple ( AAPL ) and Samsung, the former accused the latter of misleading the jury. According to Apple, Samsung’s claim that three of