Second quarter predictions continue to decrease as stocks fall
As stocks continue their decline, market analysts have revised Q2 estimates slowly but steadily downward for almost the entire spectrum of S&P sectors all spring and summer long. Not a lot of good news here, not that the Reformed Broker is surprised.
As stocks continue their decline, market analysts have revised Q2 estimates slowly but steadily downward for almost the entire spectrum of S&P sectors all spring and summer long. Not a lot of good news here, not that the Reformed Broker is surprised.
By Joshua M. Brown, Guest blogger
We've seen Q2 estimates slowly taken down for almost the entire spectrum of S&P sectors all spring and summer long.聽 Steven Russolillo at MarketBeat tells us what we can expect:
I'm doing very little little trading here, content to watch over a dividend-focused, large value-oriented portfolio as we head into what looks to be an earnings season not to remember.
What else is going on?聽 Everything good otherwise?