All Eyes on Friday Jobs after Weak GDP
By Matthew Buckley
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In today’s Market Forecast: Monday’s Market Outlook, WCI’s Chief Investment Strategist Matthew Buckley covers how the market will see a slew of economic reports with none more important than Friday’s jobs numbers. With anemic numbers out of Apple (AAPL), Amazon (AMZN), and other market titans, the market needs a dose of good news to keep it north of 1400. According to Matt, if we see Q3 earnings end with a whimper, we expect to see a rush of downward earnings guidance for Q4. He believes they’ll see SPX 1300 before they see 1500.
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