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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: Casaubon who wrote (56792)7/19/2000 10:00:17 AM
From: Fun-da-Mental#1  Read Replies (1) of 99985
 
Some very positive earnings results out there today - SI's leading headlines:

"Nabisco net income rises 29 percent"
"UAL earnings up 17 percent, top estimates"
"Citigroup's profits up 23%"
"Boeing profits up, beat estimates"
"Coca-Cola operating net beats estimates"

This definitely gives the market a reason to rally if it wants. Note these results are in companies not normally considered growth stocks. On the other hand this could be discounted as peak earnings at a cyclical top.

Fun-da-Mental
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