What's happening in the stock market today? We tell you all about it in Episode 20. Learn a bunch of new jargon that Jessie makes Jess define for us all as we discuss everything from what the Fed has done and earnings to whatever a "Santa Claus Rally" is... 🎅🏻🎅🏽🎅🏿🎅
Stock Market Update November 2023:
Fall Harvesting (taxes)
No Recession Called
Bullish Santa Claus Rally
AI Narrative (and a little drama)
Q3 Earnings Delivered Another Strong Quarter Marked By:
Y/Y earnings growth of +6.3% (highest since 2022 Q2)
Y/Y earnings ex-energy growth of +11.6% (highest since 2021 Q4)
Q/Q earnings growth of +7.8% (highest since 2021 Q1)
Earnings beat rate of 81.3% (highest since 2021 Q2)
Earnings surprise rate of +7.1% (2nd highest since 2021 Q3)
Check Your Portfolio (Twice)
Re-balance, re-adjust, re-assess and see if there's some opportunity for your portfolio this holiday season. Don't forget to validate with data. 🤓
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