October 26, 2020
This week (10/26/2020 – 10/30/2020) includes a significant number of public firms reporting 3Q (September) quarterly results. As part of my daily process, I tune into CNBC to check out those stocks that are included in the scoreboard.
And, then I enrich the data with pricing information from KoyFin or Yahoo! Finance; and earnings estimates from Zacks.com.
In the segment I was viewing, there was additional focus on the pharmaceutical firms reporting due to the trending rise in COVID-19 cases.
From a longer term perspective, there was discussion as to why the U.S. equity market increases in value over time. The primary reasons were (1) capitalism and (2) functional court (contract) system.
