Thomson Reuters data pours cold water on the likelihood of a continued climb for stocks from...

|By:, SA News Editor
Thomson Reuters data pours cold water on the likelihood of a continued climb for stocks from current lofty levels. S&P 500 Q4 earnings growth is running at 8.4%, or 5.3% if Apple’s results are excluded; 43 S&P companies have issued negative EPS pre-announcements for the current quarter vs. 12 positive - the 3.6 negative to positive ratio is the largest showing since 2001.