Excerpt from Yahoo Finance quoting DataTrek’s Nick Colas: …. “In a note to subscribers on Friday, DataTrek Research’s Nicholas Colas observed that historically, 20 years is the shortest period during…
Blog
MarketWatch: "Expect another quarter of big earnings beats, as Wall Street estimates were likely overly depressed"
Excerpt from MarketWatch quoting DataTrek’s Nick Colas: …. “The big estimate cuts are likely a result of analysts assuming the worst as COVID-19 raged. With companies forced to operate largely…
Big Tech Earnings Leverage: The Short Stick
If you’ve ever hammered out an earnings model you know the concept of earnings leverage, defined as “the rate of change in corporate earnings is usually greater than the rate…
Why the S&P and EM Are Working, Gold ETF Flows
Three Data items today: #1: It’s obviously very early in the year, but we got to thinking about the S&P 500’s 1.4 percent gain in 2021 and wondered what was…
Bloomberg: "S&P 500 Profit Recession May End as Companies Trounce Estimates"
Excerpt from Bloomberg quoting DataTrek’s Nick Colas: ….“Wall Street expectations are too low for Q4 2020, so we should see plenty of beats. We need them,” Nick Colas, co-founder of…
CNBC: "Investors are looking for some clarity from the new earnings season, but likely won’t get it"
Excerpt from CNBC quoting DataTrek’s Nick Colas: …. “Strong 2021 earnings guidance is critical to confirm the foundation of the rally: that massive stimulus combined with an effective vaccine will result…