|
Don’t blame the Fed. Earnings are holding this market back. May 8th, 2016 Geoff Bysshe President, MarketGauge.com | Q1 2016 earnings season will likely conclude the first streak of 4 consecutive quarters of year over year declining growth since Q3 2009. The reason such an ugly sounding statistic isn’t driving the market lower is because it’s not a surprise. It is, however, killing the market, and will perpetuate the current stock pickers market. FactSet put out a nice research piece this week which provided a detailed look at earnings trends. The long term trends do not look promising but there are pockets of opportunities you can profit from. You can find the FactSet report, and a quick assessment of the opportunities in this week’s Market Outlook. Click here for this weeks video. | |
|
MarketGauge.com 70 Sparta Ave, Suite 203 Sparta, New Jersey 07871 United States (888) 241-3060
No comments:
Post a Comment
Keep a civil tongue.