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The dirty little secret of Q4 earnings season

You can tell a lot about the character of a market by the way it reacts to the news. Bespoke reported a downbeat market reaction to earnings and sales beats, which is disappointing, "The 163 companies that have beaten both top and bottom line estimates this earnings season have averaged a one-day decline of 0.23% on their earnings reaction days."

While this may seem like the dirty little secret of Q4 earnings season, there’s another one that buried that you may not be aware of.
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