When Not-so-Bad News is Good (11/16/23)

(11/16/23) Markets continue to work through earnings season; WalMart missed guidance in reporting their earnings estimates for the year. This has been a good year for WalMart vs Target, which had a great day yesterday: Target, too, missed earnings estimates, but not as badly as feared. Target stock was up 20% as a result. WalMart has had a great year, but will git hit a bit harder today on weaker forward-looking guidance. Markets have had a sharp advance over the last few days; as the end of the month approaches, and everyone thought markets would go lower, with bearish, negative sentiment, markets are now overbought, and there is a good chance for at least some consolidation or an outright pullback. When that happens, that's your opportunity to put some capital to work. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=kdv5qsINM00&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #EarningsSeason #Target #WalMart #MarketConsolidation #MarketPullback #Markets #Money #Investing