Barron's "Dow Treads Water; Knocking on Gates to ‘Stockpickers Paradise’?"

By in
Barron's "Dow Treads Water; Knocking on Gates to ‘Stockpickers Paradise’?"

Excerpt from latest Barron’s article quoting DataTrek co-founder Nick Colas:

…. “If proof is in the earnings pudding, then investors should be frolicking. Only it’s not pudding investors are eating, but perhaps poorly made sausage, writes Nicholas Colas, co-founder of DataTrek Research in his morning note.

‘We’re talking about 17th century, pre-refrigeration British sausage… It is in the spirit of vivid historical warnings that we approach an analysis of Q2 2018 U.S. earnings reports to date. Yes, the numbers look great, but how the analysts and the market digest them is what really counts,’ Colas writes”….

Read the whole article here on Barron’s.