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2024 Q1 Earnings Summary

2024 Q1 Earnings Summary

Released Friday, 17th May 2024
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2024 Q1 Earnings Summary

2024 Q1 Earnings Summary

2024 Q1 Earnings Summary

2024 Q1 Earnings Summary

Friday, 17th May 2024
Good episode? Give it some love!
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Tom Sosnoff discusses recent market movements and earnings. Notable points include E-mini S&Ps inching up and metals like copper and silver surging. The 2024 earnings summary indicates that all major indices have risen 5% to 12%. Surprisingly, 51% of the 3,000 companies analyzed showed negative post-earnings returns, averaging around zero, emphasizing market randomness. Despite expectations, even in a bull market, post-earnings stock performances remain unpredictable.

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