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Taking no chances
October 28, 2015 13:01:19 | 0 comments

The market has been reacting strongly to companies in this earnings seasons.Any sign of weakness as a small miss on earnings , sales or revenues ; if the guidance is not raised , anything can lead  to strong reactions. Last week SKX ( the shoemaker skechers)reported quarterly sales record but way below the analysts estimates. As a result, the stock fell almost 30%.Akamai ( Akam)reported this morning , beating estimates but giving weak guidance for next quarter. quarter. As a result shares were down 18%.

These and others examples tell me that investors are afraid of the future and don't want to take any risk.Talking of recession is increasing, signs of a slow down in some areas are popping.