75 Percent Of U.S. Companies in S&P 500 Have Beaten First Quarter 2012 Earnings: Earnings, economy make a comeback. Europe is back in the news with issues related to its ongoing debt crisis which may be causing some U.S. companies to get overlooked in a strong earnings environment. A rough calculation of the companies that…
Will The S&P 500 Hit New 2012 Mult-Year Highs? The U.S. stock market jumped today after more news from the financial sector showed banks are much stronger than they have been for the last few years. Goldman Sachs reported strong earnings today which follow the earnings from JP Morgan, Citigroup and Well Fargo that all…
Financials 1st Quarter Earnings 2012 Up, U.S. Economy In Spotlight While Apple, Google In Correction Mode: Traders focused more on the U.S. economy and bank earnings today as opposed to Spanish bond yields or headlines from Germany. Citibank’s earnings beat Wall Street estimates today and financials got a strong start in trading before news came…
U.S. First Quarter 2012 Earnings Vs. International Headline Risk: The U.S. major averages tested new ground lower last week (ended April 13, 2012) as investors and traders may have been focused on trends in Europe and China in the short-run. Bond yields rising in Spain and Italy as well as China’s GDP growth coming in…
Financials Beat Estimates But China’s Growth Slows To 8.1 Percent: Financial stocks took a short term turn after earnings announcements today from JP Morgan and Wells Fargo. Both companies beat estimates handily but traders and investors may be waiting for more data on earnings next week and war caught by surprise about China’s weakness. U.S.…
