%% That peak could really impact a single stock; but so many+ pension plans,banks+ insurance companies buy every month, buy every quarter/buy on the dip/n buy with a bonus............... My comments dont really apply to Dow; SDOW/dxd maybe helped also .NOT a prediction
peak earning is an harbinger of a market correction. Timing is, is as always, uncertain. The absence of peak earnings is even more reliable. Do not expect a significant market correction without peak earning occurring first.