The stock market’s strongest run in more than two decades will be tested beginning this week, as a looming pullback in corporate profit growth sets up major indexes for a fresh bout of volatility.
Dozens of companies have slashed their profit forecasts for the first quarter. Walgreens Boots Alliance Inc. last week became the latest big company to cut its full-year profit forecast as a result of challenging market conditions, joining corporate powers such as Apple Inc., FedEx Corp. and 3M Co.
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Credit Suisse: Don't expect Netflix's Q1 earnings to 'spark joy,' but buy the stock anywayNetflix's upcoming earnings report may not send the stock rallying, but the stock is still a good buy in the long run, according to a Credit Suisse analyst. Hmmm, would Credit Suisse’s giant position with Netflix benefit if a lot of people bought the stock?
Source: CNBC - 🏆 12. / 72 Read more »
First quarter earnings are expected to be lousy, but the stock market may not careThe worst earnings season in three years is about to begin, but stock strategists say the market should be able to ignore weaker profits and continue to edge toward all-time highs. Earnings don’t matter unless they are collapsing. The Fed matters more. 999 baby! Glass half empty. Classic spin LOL... What a joke this is You people keep trying to fool the market... It will not last
Source: CNBC - 🏆 12. / 72 Read more »
Cramer: Investor apathy for Lyft is a big positive for this bull marketJim Cramer says Lyft's 'ice cold' entrance to the Nasdaq turns out to be 'great news for the rest of the market because we don't want a flood of hot IPOs.' Valuing a company that makes no money and, by their own admission, may never make any money, at $25 billion is apathy? Wow, do I ever need a mind adjustment. oh thank god - i hope what i lost on $LYFT i can make back on the $SPY hitting ATHs
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse: Don't expect Netflix's Q1 earnings to 'spark joy,' but buy the stock anywayNetflix's upcoming earnings report may not send the stock rallying, but the stock is still a good buy in the long run, according to a Credit Suisse analyst. Hmmm, would Credit Suisse’s giant position with Netflix benefit if a lot of people bought the stock?
Source: CNBC - 🏆 12. / 72 Read more »
There are signs that the 10-year bull market for stocks is ending, Jim O'Neill saysFormer Goldman Sachs Asset Management Chairman Jim O'Neill says volatility is doing something it hasn't done for 10 years. Ah Jim O'Neill presided over the WORST investment record of any company. Did anything he supervise make any money?
Source: CNBC - 🏆 12. / 72 Read more »
A Surprising Connection Between the Bull Market and Stock BuybacksBuybacks are more important than economic growth when it comes to equity market performance, a new study finds. Surprising to whom, exactly? Anyone who isn’t in the top 10% of earners could tell you that. It’s time for some trust-busting. Companies that print stock screw shareholders via corporate QE. Buybacks benefit corporate insider shareholders selling stock grants back to the company at inflated prices, screwing other shareholders who could receive dividends, and the corp stuck with unpaid bonds. Self dealing
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European markets seen lower amid concern over corporate earningsEuropean stocks are set to open lower Monday morning, as investors prepared for what is expected to be a tough U.S. earnings season.
Source: CNBC - 🏆 12. / 72 Read more »
GameStop is sinking after the company said it won't issue annual earnings guidance (GME) | Markets InsiderGameStop is sinking after the company said it won't issue annual earnings guidance (GME) ❤️❤️❤️
Source: BusinessInsider - 🏆 729. / 51 Read more »