Payne's Perspective: July 22, 2019: Swift and Emotional
Last week, the market struggled, although not in a panicky kind of way - just in a way that suggests there is enough anxiety in enough areas to curtail buying, even though there isn’t a mad dash for the exits, either. Earnings season is fully underway. The Federal Reserve still has investors flummoxed, and geopolitical issues are becoming more than pesky sideshows.
Mo’ Money, Mo’ Problems
Earnings season is underway and as usual, reactions to results are swift and emotional. The kneejerk propensity to sell first has become the norm, magnified by the fact that companies that ‘miss’ often see brutal selloffs.
That was the case with Netflix (NFLX) selling off more than 10% after their subscriber growth came up well short of expectations.
Add a Comment!
Products & Services |
In The Media |
About Us |
All Rights Reserved.