"Big bubble close to popping, killing our dreams" That was the headline 2 years ago. Yet here we are ...the S&P500, NASDAQ, and Dow Jones Industrial average closed Friday near all time record highs. Bubble pop averted.... for now. If the price of the stock market was a proxy for the economy the indices would in all likelihood not be trading at these levels. Right?
More for the Long Weekend
Earnings season heats up in a big way this coming week. One of the headliners this coming week it Netflix. Netflix saw its stock rally almost 20% after its previous earnings report. This time around the market is pricing in an almost 11% move:
Earning Breakdowns $NFLX $IBM and more