SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Ox who wrote (17636)1/13/2016 5:29:19 PM
From: John Pitera3 Recommendations

Recommended By
3bar
roguedolphin
sixty2nds

  Read Replies (3) of 33421
 
19 out of 23 of the top companies that has posted earnings have been light on revenues and they are not oil and gas and commodities. Companies like NKE which has been one of the chief momentum stocks.. talkling about the strong dollar and softer demand... Bed bath beyond ... BBBY .and this is with revenues reduced by analysts.

This looks like 5 consecutive quarters of reduced revenues and probably softer earnings.

The 2 big macro data points that I have hear mentioned by talking heads repeatedly over past few months. as to how strong economy is unemployment and auto sales... occur at tops. 2000 for both 2007 for unemployment.

The strategist who came out with his note that this market action is the reaction of all of the QE programs has a point.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext