Fear & Greed Index Remains In 'Fear' Zone; Nasdaq Records 7-Day Winning Streak
Portfolio Pulse from Lisa Levin
The CNN Money Fear and Greed index remained in the 'Fear' zone on Monday, despite U.S. stocks closing slightly higher. The Nasdaq Composite recorded gains for seven consecutive days, while the Dow Jones and S&P 500 also saw significant weekly gains. Kosmos Energy Ltd reported better-than-expected Q3 earnings, while DISH Network Corp's Q3 revenue fell short of consensus. Investors are awaiting earnings results from D.R. Horton, Inc., Uber Technologies, Inc., and eBay Inc.
November 07, 2023 | 7:10 am
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POSITIVE IMPACT
Kosmos Energy Ltd reported better-than-expected earnings for its third quarter.
Better-than-expected earnings typically lead to a positive reaction in the stock market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from D.R. Horton, Inc.
Pending earnings results can lead to volatility in the stock market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Investors are awaiting earnings results from eBay Inc.
Pending earnings results can lead to volatility in the stock market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Investors are awaiting earnings results from Uber Technologies, Inc.
Pending earnings results can lead to volatility in the stock market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
DISH Network Corp reported third-quarter revenue of $3.70 billion, missing the consensus of $3.72 billion.
Missing revenue consensus can lead to a negative reaction in the stock market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80