Waiting (In Vain?) For An Earnings Rebound

Waiting (In Vain?) For An Earnings Rebound by Worth Wray, STA Wealth Management

Inside This Edition:

Stocks Reverse Course Post-Brexit…For Now
For What It’s Worth
Weekly Technical Comment
401k Plan Manager
Features Articles & Interviews

Stocks Reverse Course Post-Brexit…For Now

Written By: Luke Patterson
CEO & Chief Investment Officer

As we see the U.S. equity market reverse course from the post-Brexit sell-off and make a renewed attempt to test its all-time highs (2,130.82 close on the S&P 500, which was hit way back on May 21^st, 2015.), the question is whether this effort will prove more successful than the others we have seen over the last year. (see chart of S&P 500 below)