From an April recap article at Marketwatch (link)
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"The earnings season in general has been better than expected, with 68% of the S&P 500 reporting upside surprises, and we're three-quarters of the way done," said Art Hogan, chief market strategist, Jefferies & Co.
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Historical trends bode well for the U.S. stock market in looking 10 to 12 months ahead, yet Greenhaus also cautions the shorter-term picture remains a choppy one, given "low earnings visibility, macroeconomic uncertainty and a volatile political environment."
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Elsewhere, FSLR burns the shorts with an upside gap on strong earnings. I kept waiting for FSLR to come back during the day, but mostly, it kept powering on up.
Long MCD, VMI
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