TDLR:
The CNN Money Fear and Greed index remained in the “Greed” zone on Thursday.
US stocks closed slightly higher on Thursday after the release of inflation data.
The Walt Disney Company's shares gained 4.9% after reporting better-than-expected Q3 earnings.
More than 90% of S&P 500 companies have released quarterly results, with four-fifths beating estimates.
Major sectors on the S&P 500 closed mixed, with consumer discretionary and communication services stocks gaining, while real estate and industrials stocks declined.
——-
With such a high-interest rate, money will slowly flow to safe assets like bonds.
I am sensing a weird atmosphere that even 80 % beating estimates, the market is not moving.
Fearful when others are greedy, and greedy when others are fearful.
What's your prediction for next week?
Leave a Reply