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.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wally Mastroly who wrote (4529)4/15/1999 9:33:00 PM
From: Justa Werkenstiff  Read Replies (2) of 15132
 
Wally: ""..Of the 111 companies in the Standard & Poor's 500 Index reporting results as of Thursday morning, 74 topped Wall Street forecasts, surpassing expectations by an average of 6.9 percent, according to First Call Corp. Twenty-six firms met forecasts.
Eleven fell below..."

Earning have been great. BUT we should ask ourselves, why have so many that have beaten earnings estimates have declined in value on the announcement of those earnings and in such high volume on all of the averages? Are we going through distribution or rotation into to other areas or both and to what extent? That is a major question facing this market. BUT for the broadening of the market to include mid caps and small caps, I would be even more concerned at this point. But this has been a healthy occurrence thus far.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext