Flying blind into Apple’s earnings: Stay the course

The second calendar quarter, Apple’s fiscal Q3, seems sure to be the low point for many company’s earnings. Accordingly, investors are already turning their attention to next year where the consensus view has S&P 500 earnings jumping from $125 this year to $161 next year, matching 2019 earnings.
Jack Hough for Barron’s:Earnings season is here, and it looks like a nail-biter. Will stocks rise because of a.) better-than-expected results; b.) disappointing results but bright g