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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (17636)1/12/2016 6:36:26 PM
From: roguedolphin1 Recommendation

Recommended By
Hawkmoon

  Respond to of 33421
 
That's a great and very useful page. I've had that bookmarked for the last 15 years.



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) | Respond to 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.