ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
February 15, 2025 | Tech Talk for Saturday February 15th 2025
Don Vialoux
Reminder U.S. and Canadian equity markets are closed for a holiday on Monday.
The Bottom Line
Diverging trends! On one hand, equity indices are responding to higher than consensus fourth quarter earnings and revenue results. Focuses this week are reports by Wal-Mart on Thursday and reports by a series of commodity companies throughout the week. Important equity indices and sectors either are near or above intermediate resistance levels. The NASDAQ 100 Index (NDX) closed at an all-time closing high on Friday at 22,114.69. Notably stronger last week were European, Chinese and Emerging Market ETFs. On the other hand, analysts continue to lower consensus 2025 earnings estimates for S&P 500 companies: Projected earnings growth is robust, but has diminished slightly now that most of the major U.S. companies have reported.
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Don Vialoux February 15th, 2025
Posted In: Tech Talk
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