Fear & Greed Index Remains In 'Extreme Greed' Zone After Dow Records 3rd Week Of Gains
Portfolio Pulse from Lisa Levin
The CNN Money Fear and Greed index remained in the 'Extreme Greed' zone on Friday, indicating high investor confidence. The Dow Jones closed higher for the third week in a row, while the PCE price index rose 0.2% MoM in June. The Federal Reserve increased interest rates last week. Procter & Gamble reported better-than-expected earnings and revenue for its most recent quarter. Investors are awaiting earnings results from ON Semiconductor, Tenet Healthcare, and Western Digital.
July 31, 2023 | 5:45 am
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POSITIVE IMPACT
Procter & Gamble reported better-than-expected earnings and revenue for its most recent quarter.
The better-than-expected earnings and revenue reported by Procter & Gamble are likely to have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from ON Semiconductor.
The upcoming earnings results from ON Semiconductor could impact its stock price, but the direction will depend on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Investors are awaiting earnings results from Tenet Healthcare.
The upcoming earnings results from Tenet Healthcare could impact its stock price, but the direction will depend on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Investors are awaiting earnings results from Western Digital.
The upcoming earnings results from Western Digital could impact its stock price, but the direction will depend on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60