Earnings can be down yet S&P goes up lots of years. It's because during a bad year, people sell

Jan 10, 2023
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Earnings can be down yet S&P goes up lots of years.

It's because during a bad year, people sell off and prices are down (like last year let's say 20 or 30% down). Then the next year so much has been discounted that with a low earning report people can still be buying saying yeah that's fine that's discounted already. They're anticipating.
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Earnings can be down yet S&P goes up lots of years. <br><br>It's because during a bad year, people sell off and prices are down (like last year let's say 20 or 30% down). Then the next year so much has been discounted that with a low earning report people can still be buying saying yeah that's fine that's discounted already. They're anticipating. <br><div><br></div><div><img src="/assets/post_imgs/1673397364_Screenshot_2023-01-10_19-34-52.png" class="appended-img"></div>
Earnings can be down yet S&P goes up lots of years.

It's because during a bad year, people sell off and prices are down (like last year let's say 20 or 30% down). Then the next year so much has been discounted that with a low earning report people can still be buying saying yeah that's fine that's discounted already. They're anticipating.

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