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Portfolio Weathers Earnings Season

Forbes - 7 Nov 2013 19:16
Portfolio Weathers Earnings Season It was another new record for the Dow Industrials on Wednesday, with 27 of the 30 stocks closing higher on the day. Still the market is likely to be on edge as we get the preliminary reading on 3rd quarter GDP, the Twitter IPO, and the ECB decision on rates. Now that over 84% of the S&P 500 companies have reported their earnings, many investors have been pleasantly surprised. According to Thomson Reuters, 68.3% of the companies have beat expectations, which is much better than the long-term aver...
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