Sell in May and Go Away 2013, Earnings Season Scorecard
Jon OggThe first-quarter earnings season is peaking this week, as far as the number of companies on a normal calendar. Corporate earnings have been weaker than expected in a manner of sorts,…
Jon OggThe first-quarter earnings season is peaking this week, as far as the number of companies on a normal calendar. Corporate earnings have been weaker than expected in a manner of sorts,…
Earnings season is still in overdrive. Many companies are meeting or just beating earnings expectations, but the bias has been toward coming in light on revenues. We have seen many corporate earnings…
U.S. equity markets opened higher this morning despite low flash PMI readings from the eurozone. Germany’s manufacturing PMI reading was especially notable, falling to 47.9 from 49, and the country’s services PMI…
thinkstockAs with any earnings season, the results that have come in so far for the first quarter of this year have been mixed. There have been some winners and some losers, and…
Jon OggStocks have enjoyed a serious bull market, and we still have the S&P 500 Index and the Dow Jones Industrial Average both up by double digits so far in 2013. As…
Investors and traders are on the lookout for fresh research ideas from Wall St. that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls to…
U.S. equity markets opened higher this morning, but struggled to stay in positive territory for most of the morning. There was little economic data released today. In Asia, Hong Kong’s consumer price…
The world’s largest mobile carrier, China Mobile Ltd. (NYSE: CHL), reported first-quarter earnings today, posting revenue growth of 5.7% and profit growth of just 0.3%. In its press release, the firm said…
ThinkstockIt was just at the end of last week that we gave a pre-earnings update for Caterpillar Inc. (NYSE: CAT) in our DJIA earnings season scorecard, warning that the market was expecting…
ThinkstockCaterpillar Inc. (NYSE: CAT) reported first-quarter 2013 results before markets opened this morning. The heavy equipment maker posted diluted earnings per share (EPS) of $1.31 on revenues of $13.21 billion. In the…
U.S. equity markets opened mixed this morning as the DJIA was slammed by a number of weak earnings reports both last night and before markets opened this morning. The was no economic…
Jon OggThe bull market had no economic announcements to propel stocks on Friday. Most earnings reports in the past 48 hours from Dow Jones Industrial Average companies have been lackluster, but investors…
Jon OggInvestors and traders see many Buy ratings from Wall S. analysts, but they often overlook or do not see Sell ratings and analyst downgrades when they are doing research. 24/7 Wall…
Jon OggInvestors and traders are looking for new ideas as the markets challenge new all-time highs to generate income and profits. 24/7 Wall St. reviews many analyst calls and research notes to…
Jon OggThe DJIA and S&P 500 Index both hit new highs on Wednesday and we expect to see DJIA 15,000 and also 1,600 on the S&P 500 Index any day now. One…