It’s still early, but so far fourth-quarter earnings season is confirming what most investors had already suspected: a lower corporate tax rate is likely to boost profits and may even percolate into the broader economy. As of Friday, 11% of S&P 500 SPX, +0.44% companies had reported earnings with two thirds of them beating estimates and about a fifth coming in below expectations, according to FactSet. Analysts polled by FactSet expect earnings grew 9.5% in 2017, while revenues grew 6.2%.
U.S. stock-market indexes opened slightly higher on Friday and were on track to book modest weekly gains. The S&P 500 and Nasdaq were trading above previous record closing levels, as investors shrugged off fears of a potential government shutdown. The S&P 500 SPX, +0.24% rose 6 points, or 0.2%, to 2,804. The tech-heavy Nasdaq Composite index COMP, +0.32% advanced by 19 points, or 0.3%, to 7,315. The Dow Jones Industrial Average DJIA, +0.04% rose 24 points, or 0.1%, to 26,028.
Extremely expensive stock-market valuations are often associated with low or even negative long-term returns, largely due to expectations that valuations will revert to the mean. But returns are likely to be low even if they permanently stay high, according to one financial blogger.
@mikeharrisNY@Jesse_Livermore I tend to believe investors don't listen to pundits or MSM. Their best guide is the price itself: if markets go up, they continue to buy. But historically, there is always a black swan. A matter of when, not if.
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Musk AND Zuckerberg or Musk + Zuckerberg.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used). For example, results will contain either cake or cookie by searching cake OR cookie or cake,cookie
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".