the earnings that will be reported in October will be stellar and will continue the positive momentum of the market.
yes, yes, i know, its anathema to talk about valuations and such like, however, if you were to indulge me for a second:
one might argue that stocks are not priced for "meeting expectations" but for "wildly exceeding expectations". those stocks that have so far announced that they'll meet expectations have not rallied on that news. on the contrary.
okay. back to the regularly scheduled jubilation. smoothies on me.
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