Earnings Trends: Positive and Negative Surprises
Here is an interesting chart displaying the earnings trend of S&P 500 companies. Column 1 represents 10 basic sectors.Column 2 represents Q1 median growth year-over-year.Column 3 represents Q2 median projected growth year-over-year.Column 4 represents 2006 median growth.Column 5 represents 2007 median projected growth.Column 6 represents the % of the companies, that have reported earnings in [...]
Dow Record High … Don’t Believe the Hype
The big headline a few weeks ago was the record high hit by the Dow Jones average. Of course what you didn’t read or hear at the time was that the ratio of declining to advancing shares was 1800 to 1300. In other words, even as the Dow was hitting its stride the market was [...]