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Six Reasons to Stay Worried

The Compound and Friends

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The S&P 500 Earnings Surprise Versus Average Price Change

Why is the market punishing positive earnings? It is not likely due to the earnings outlooks from companies and analysts for the third quarter, which have not been more negative than normal. Some instances where companies are having a really positive reaction to earnings and Amazon Caterpillar was one last week. Eli Lilly became the most valuable healthcare company in the United States after a stock price surge Tuesday morning. The Indianapolis drug makers market value above 500 billion.

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