Quote:
Originally Posted by Saratoga_Mike
121 companies reported last night/pre-open. As of 15 mins ago, 71 of those stocks were down. Of the 71, 52 met or beat EPS expectations. Market action is horrible. SOX chart is disconcerting.
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The market defies logic at almost every step. I laugh at TV analysts tying market movement to interest rates, earnings reports, elections, product announcements etc. Supply and demand rules.
