Jarvis™ Newsletter: Tech Strong, Energy Weak; Earnings: Nvidia and more; End of Year Tax Strategy
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-Brian Dress, CFA, Director of Research, Investment Advisor Overview: As the year winds down and the 3rd quarter earnings season moves toward a close, a few key themes appear to be emerging in the financial markets. First, and most importantly from the Left Brain point of view, there is clear momentum in the technology sector, driven by a strong set of Q3 earnings (with some notable exceptions). More broadly, as you can see in the graphics below, the earnings season has been largely positive for companies of all shapes and sizes. This has created significant positive momentum in markets since the beginning of October (the S&P 500 has advanced 9.22% since 9/30/21). This comes despite inflation concerns that have permeated the minds of many investors.
Jarvis™ Newsletter: Tech Strong, Energy Weak; Earnings: Nvidia and more; End of Year Tax Strategy
Jarvis™ Newsletter: Tech Strong, Energy Weak…
Jarvis™ Newsletter: Tech Strong, Energy Weak; Earnings: Nvidia and more; End of Year Tax Strategy
-Brian Dress, CFA, Director of Research, Investment Advisor Overview: As the year winds down and the 3rd quarter earnings season moves toward a close, a few key themes appear to be emerging in the financial markets. First, and most importantly from the Left Brain point of view, there is clear momentum in the technology sector, driven by a strong set of Q3 earnings (with some notable exceptions). More broadly, as you can see in the graphics below, the earnings season has been largely positive for companies of all shapes and sizes. This has created significant positive momentum in markets since the beginning of October (the S&P 500 has advanced 9.22% since 9/30/21). This comes despite inflation concerns that have permeated the minds of many investors.