PVG Market In A Minute – July 18, 2017

PVG Admin

July 17, 2017

We are entering the first big week of earnings reports this week. Last week the banks reported much better than expected earnings, but the stocks traded down. Technology, as a group, has been extremely strong this year. Microsoft (MSFT) is the first “real” technology company to report on Thursday. The consensus calls for just 3% earnings growth for MSFT and the stock has a P/E multiple of 23.4x 2017 earnings.

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Market in a Minute 2017-7-18

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