Jarvis™ Newsletter: Risk Very Much On; More Earnings – Roku, Etsy, Cloudflare
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-Brian Dress, CFA, Director of Research, Investment Advisor Overview: In September, investors, particularly those oriented to the growth space, faced a very unfavorable market. With no earnings data and very little news to go on, many market participants turned sellers, driving many of our favorite stocks sharply lower. This theme has been turned on its head in October and early November, with many growth stocks erasing September losses and moving toward new highs. What changed? News flow is what changed and, over the past three weeks, we have seen a significant number of positive earnings reports that have altered overall market sentiment.
Jarvis™ Newsletter: Risk Very Much On; More Earnings – Roku, Etsy, Cloudflare
Jarvis™ Newsletter: Risk Very Much On; More…
Jarvis™ Newsletter: Risk Very Much On; More Earnings – Roku, Etsy, Cloudflare
-Brian Dress, CFA, Director of Research, Investment Advisor Overview: In September, investors, particularly those oriented to the growth space, faced a very unfavorable market. With no earnings data and very little news to go on, many market participants turned sellers, driving many of our favorite stocks sharply lower. This theme has been turned on its head in October and early November, with many growth stocks erasing September losses and moving toward new highs. What changed? News flow is what changed and, over the past three weeks, we have seen a significant number of positive earnings reports that have altered overall market sentiment.