Markets Tend to Overreact to Misleading News

The job numbers are notoriously premature and subject to massive revisions later on. Be patient since we believe a phenomenal earnings season is about to begin.
Markets Tend to Overreact to Misleading News
Nvidia founder and CEO Jensen Huang speaks during a Nvidia news conference ahead of the CES tech show in Las Vegas on Jan. 6, 2025. Abbie Parr/AP Photo
|Updated:
0:00
Commentary

After a stronger-than-expected jobs report on Friday, the market took the indexes down for the week and the year so far, but those job numbers are notoriously premature and subject to massive revisions later on, so we’ll be patient since we believe a phenomenal earnings season is about to begin, and as always, a good strategy is to invest in fundamentally superior stocks in an environment where it’s every stock for itself.

Louis Navellier
Louis Navellier
Author
Louis Navellier is chairman and founder of Navellier & Associates in Reno, Nevada, which manages approximately $1 billion in assets. One of Wall Street’s renowned growth investors, Navellier writes five investment newsletters focused on growth investing. In addition to appearing on Bloomberg, Fox News, and CNBC giving his market outlook and analysis, he has been featured in Barron’s, Forbes, Fortune, Investor’s Business Daily, Money, Smart Money, and The Wall Street Journal.