What Investment Strategy Works with Weak Economic Growth?
One of the most difficult things to do is to try and determine the future level of economic growth. There are so many variables that go into the level of economic growth that no model can accurately predict the exact level.
Fiscal “Y2Cliff” Sham Held Investors Hostage in 2012
Companies Lowering Earnings Guidance For Third Quarter
Quarterly earnings: Not that great, about to get worse
If you were to sum up the key theme emerging from second quarter earnings season with one phrase, it'd have to be: "It's the revenue, stupid!"
That's because compared to earnings, which have been seen 72% of companies beating consensus, the sales side has been a huge disappointment.
First Decline in Earnings since Third Quarter 2009
It's ugly out there and it could get worse.
Dismal U.S. corporate outlooks and worries about slower worldwide growth have pushed third-quarter earnings estimates into negative territory, which, if it came to pass, would be the first drop in three years.
Third-quarter earnings of Standard & Poor's 500 (^GSPC) companies are now expected to fall 0.1 percent from a year ago, a sharp revision from the July 1 forecast of 3.1 percent growth, Thomson Reuters data showed on Thursday.
Although the company's earnings look strong and the management's outlook remains positive, investors were not thrilled and the stock is trading 3% lower on today's trading session. This selloff brought NIKE down to test its 50-day moving average on a heavy volume, but the stock has been able to hold above this key technical level.
Shoe Carnival Gives Competition Something to Scuff About
Commonly advertised as a “stock to watch for” over recent weeks, Shoe Carnival (NASDAQ: SCVL) proved its worth today as it reported decent 4Q earnings, great full year results and projected an outstanding outlook for 1Q12. As a result, the stock peaked at a seven month high today, up $3.28.