Earnings Season Disappointment Could Drive Contingent Selling

Disappointing Earnings Season

Analysts warn that the current earnings season could lead to increased contingent selling as companies report weaker-than-expected results. This trend may impact market momentum, raising concerns among investors about future performance.

Market Momentum Insights

Tim Hayes from Ned Davis Research discussed potential market momentum during a segment on ‘Closing Bell Overtime.’ He emphasized the importance of understanding earnings trends to gauge whether the current market performance can be sustained.