‘We Are Pushing Levels That are Historically Unusual’: Takeaways from 3Q Earnings
Schwab Network · Schwab Network
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Show Notes
Kevin Davitt notes levels of support to watch in the major indexes as markets head lower today. His key takeaway from 3Q earnings is that tech growth has been around 23%, translating to “basically no growth” in multiple expansion. “We are pushing levels that are historically unusual,” he adds. Nvidia (NVDA) earnings next week will be an interesting “capstone.”
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