The risk is increased even further if you are placing a spread bet on earnings reports
It was a reflection of (investors') increased tolerance for riskier assets and the strong earnings report
by Apple,'' he said.
Murai was arrested last October along with the company's former president and four other executives on suspicion of taking bribes for overlooking window-dressed earnings reports
The two former executives are suspected of being responsible for window-dressing the company's earnings report
for the year ended in June 2006 when it reported sales of 77.
said, ''More than the earnings reports
from financial institutions, investors are concerned about the series of disappointing earnings reports
from top technology firms like Microsoft and Google.
Such optimism has grown increasingly hard to justify after all the strong earnings reports
over the past two weeks, said Larry Rice, chief investment officer at Josephthal, Lyon & Ross.
This is because of a seasonal lag in earnings reports
The earnings reports
sparked expectations for solid earnings from other companies, thus boosting buying interest.
Six of the 14 covering analysts adjusted their projections for full-year earnings following the earnings report
, pushing the consensus estimate to $2.
As mentioned, after an initial sell off after the earnings report
, DXPE changed direction and finished last week strong, closing at a 52-week high.
MediaSentiment(TM) consists of a number of indices that measure NYSE and Nasdaq companies' earnings reports
and news media coverage as positive, negative or neutral.
So far, a pullback in crude-oil prices and some solid earnings reports
have spurred traders to some light buying on the SPX, but the index remains capped by the 1,270 level and its 10-week moving average.