Investors need to practice patience amid a ‘very much intact bull market,’ says Oppenheimer It’s essential for investors to practice patience and not got swept up in trepidation amid this period of heightened uncertainty, according to Oppenheimer. In a Monday note, Oppenheimer chief investment strategist John Stoltzfus reiterated his bullish stance on equities. “We remain…
Wall Street couldn’t ask for a better start to the earnings season. About 35 S & P 500 have reported fourth-quarter results thus far. Of those, more than 25 have exceeded expectations on the bottom line, according to FactSet. Many of those beats came from the largest U.S. banks. Goldman Sachs and JPMorgan Chase reported…
Check out the companies making headlines before the bell. Bank of America — Shares moved 1% higher after third-quarter earnings and revenue topped Wall Street analysts’ estimates. Earnings came in at 81 cents, beating the 77 cents expected from analysts polled by LSEG. Revenue was $25.5 billion, versus the $25.3 billion consensus estimate. Johnson &…
The upcoming earnings season could decide what’s next for stocks. The S & P 500 and Dow Jones Industrial Average are at all-time highs after a strong jobs report last week and some cooler inflation data this week raised investor confidence in equities. Tech stocks outperformed this week, with the sector up more than 2%,…