And even that is not enough. Investors want to see strong guidance for the following quarter and full fiscal year to help them determine which companies will emerge as the clear leaders as we claw our way out of this economic slump.
Drilling down into the sectors, one of the most identifiable trends is how volatile high-beta tech stocks have underperformed following their reports. Large-cap tech has weakened and other sectors have led the latest push.
Amazon.com ( AMZN) is the latest name in the space to get beaten down due to weak earnings and guidance. Take a look at my video with Scott from T3Live. We review the trend, AMZN's quarter and guidance and what your next trade is.
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