By Elliott Wave International Earnings season is upon us, so it’s a good time to delve into how earnings affect stock prices. Here’s an excerpt from Bob Prechter’s February 2010 Elliott Wave Theorist. It considers the conventional belief in a cause/effect relationship between earnings and stock prices. EWI’s 50-page Independent Investor eBook includes the entire [...]
Source: http://blog.forexcycle.com/6153/earnings-season-strong-earnings-mean-a-strong-stock-market-right/
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