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If you thought last week, with 34% of S&P 500 firms reporting, was profitable, wait till you get a load of what's coming up fast.
The big-cap tech companies – Facebook Inc. (NASDAQ: FB), Microsoft Corp. (NASDAQ: MSFT), and Amazon.com Inc. (NASDAQ: AMZN) – all exceeded expectations, helping drive the S&P 500 to fresh all-time highs.
And the fireworks aren't even close to over. We're at the start of the second busiest reporting week of the season, with 135 – fully 27% – of S&P 500 companies scheduled to report.
However, we're looking at a relative few big influencers…
About the Author
D.R. Barton, Jr., Technical Trading Specialist for Money Map Press, is a world-renowned authority on technical trading with 25 years of experience. He spent the first part of his career as a chemical engineer with DuPont. During this time, he researched and developed the trading secrets that led to his first successful research service. Thanks to the wealth he was able to create for himself and his followers, D.R. retired early to pursue his passion for investing and showing fellow investors how to build toward financial freedom.
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