Green Light Ahead?

July 24, 2009 at 8:00 pm 1 comment

As always, the flood of earnings reports sets the tone for the market, and so far this tone has been very positive.  Overwhelmingly, companies are beating earnings estimates.  Just take a look at the weekly summary at briefing.com.  It shows all earnings reports this week.  Green color is used to show positive surprises, and red is for negative ones.  As you can see, green color dominates, and this has been the reason for the market rally over the last couple of weeks.

Entry filed under: Uncategorized.

Good Start to Earnings Season Housing Market Showing Signs of Life

1 Comment Add your own

  • 1. Green Light Ahead Again? « Sensible Investing  |  October 22, 2009 at 8:32 pm

    […] is right, at least as far as earnings surprises are concerned.  Just like in Q2 and shown in this post, a vast majority of companies are exceeding earnings estimates, as evidenced in weekly summary from […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Blog Author

Leon Shirman's long-term investment philosophy is summarized in his book, “42 Rules for Sensible Investing”, also available from Amazon.

Feeds

Recent Posts


%d bloggers like this: