The Market Goes for Seven in a Row

The futures market looked ugly before the open, but the market is up for the day (at the moment I’m writing this.) If we stay green, this would be the seventh-straight up day for the market.

I should mention that Friday was a very good day for our Buy List. The portfolio was up 0.66% while the S&P 500 was up 0.04%. Carriage Services was a big help. The stock gained 3.2% on Thursday ahead of their earnings report. Then on Friday after the report, CSV rose another 5.3%.

We have two earnings reports on Thursday; Continental Building Products (CPBX) and Hormel Foods (HRL). Even though they report on the same day, CBPX is for the December quarter while Hormel’s is for the quarter ending in January.

After that, Ross Stores (ROST) will report their fiscal Q4 earnings ON March 6, two weeks from today. After that, there’s not going to be much earnings news for some time. Two stocks on the Buy List are on the February cycle. Factset Research Systems (FDS) will probably report in mid-to-late March, and RPM International (RPM) will report sometime in early April. After that, the Q1 earnings season starts up in mid-April.

Posted by on February 20th, 2018 at 12:22 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.