| Followers | 683 |
| Posts | 142174 |
| Boards Moderated | 35 |
| Alias Born | 03/10/2004 |
Thursday, May 16, 2024 5:35:13 PM
Earnings season for S&P 500 companies is about 87% complete, and the picture looks pretty healthy
By: SentimenTrader | May 16, 2024
• Earnings season for S&P 500 companies is about 87% complete, and the picture looks pretty healthy.
Reported earnings are on track to grow 10% from Q1 2023; the first back-to-back quarterly increases in a couple of years.
A cruel irony of markets is that what's obvious is often not helpful. It should be obvious that earnings growth is good for stocks. And double-digit growth should be even better.
That hasn't been the case, however.
Read Full Story »»»
DiscoverGold
By: SentimenTrader | May 16, 2024
• Earnings season for S&P 500 companies is about 87% complete, and the picture looks pretty healthy.
Reported earnings are on track to grow 10% from Q1 2023; the first back-to-back quarterly increases in a couple of years.
A cruel irony of markets is that what's obvious is often not helpful. It should be obvious that earnings growth is good for stocks. And double-digit growth should be even better.
That hasn't been the case, however.
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
