Earnings Revision Work Says Buy The Dip on Cyclicals

The S&P 500 is at all-time highs above 4000 and has rallied nearly 90% off its low of 2191 reached on 3/23/20.  It has certainly been a year filled with lots of challenges for everyone, both personal and professional. As the market looks poised to continue higher as the U.S. economy is beginning to reopen and begin its recovery, I find it quite interesting that there is such a plethora of pessimism and concern from both our clients and from many forecasters.   During the enti...

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