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Strategies & Market Trends : General market lab and commentary -- Ignore unavailable to you. Want to Upgrade?


To: Robohogs who wrote (222)2/29/2016 2:59:34 AM
From: Robohogs  Respond to of 668
 
Yardeni earnings.

yardeni.com

Q1 estimates are dramatic. SPX down 6%. SPX400 down 2%. SPX600 Up. That is not sign of horrible economy.
q2 has SPX down 1%, SPX400 UP 4% and SPX 600 up 7%.

SPX clearly hit hard by energy and dollar. SPX 400 is bottom part of SPX500 so numbers indicate midcaps really humming. Of course that should be sweet spot - more domestic, less energy, more nimble. It also says OEX EARNINGS MUST STINK.
Jon