Market Leadership Shifts As Growth Gap Widens (Plexus Corp)
The Broad Market Index was down 0.77% last week and 72% of stocks out-performed the index. It was a light week for financial statement updates from the third quarter with only 61 companies reporting; lifting the update to 91% complete. These are mostly companies with fiscal years ended September (annual financial statements have a later filing deadline). Still to be seen is the larger population of companies with fiscal quarters ended October and they (mostly retailers) will report financial statements in the next two weeks.Q3 2020 hedge fund letters, conferences and moreEvidence is accumulati...