Great call! Had to watch this one again! The U.S. economy grew at a meager 1 percent pace this spring, a slower rate than previously estimated. The downward revision will likely increase fears that the economy is at risk of another recession. Fewer exports and weaker growth in business stockpiles led the Commerce Department to lower its estimate for the April-June quarter from its previous annual rate of 1.3% growth. That means the economy expanded only 0.7% in the first six months of the year.
S&P 500's Earnings in 2011 Will Miss Consensus Estimates FOR SURE! Most investment analyst and mutual fund managers are way too bullish on the earnings seasons going forward. We'll just have to keep watching CNBC for the looks on their faces when the earnings catch up with the market fundamentals
@TheSMFTRADER thanks for the comments we hope you enjoyed the "S&P 500 Earnings Estimates for 2011" We'll be updated you in a few days with future years "s&p 500 EPS" figures for 2012, 2013, and 2014. Make sure you bookmark this "S&P 500 Video" to keep us honest ;-)
@TheSMFTRADER I see it on thier faces now. but they know the Fed will buy the junk to save them. I bet Dow 10,000 and S&P1,000 is the bottom even if world war III starts. Poor Earnings dont matter, all that matters is the Fed bidding up prices. Good luck
@scanlonized thanks for the comments, keep checking back in and we'll let you know if those numbers are going to hold. Obviously they undercut the prior low on the Dow Jones by exactly 50 points then like were telling our trades they'd walk it off the lows. I know what you're saying about the Feds and they're doing a great job at the Federal Reserver to create negative interest rates to get the money into the market. Volume for August 2010 is far lower than the normal low volume we see.
@scanlonized good luck to you too. These people will do anything to get a move, including having Ben Bernanke come out an lie about the 2011 prospects for the United States Economy and forecast "“Stronger household finances, rising incomes, and some easing of credit conditions will provide the basis for more-rapid growth in household spending next year,” Mr. Bernanke said.
Bottom line, poor earnings and earnings outlook for 2011, 2012 do matter because institutional investors sell.
@TheSMFTRADER I see it on thier faces now. but they know the Fed will buy the junk to save them. I bet Dow 10,000 and S&P1,000 is the bottom even if world war III starts. Poor Earnings dont matter, all that matters is the Fed bidding up prices. Good luck
2012 EARNINGS will be greatly affected with this
belenmalmis 6 days ago
Hit the nail on the head with this one Mario!
ChartingPlatform 6 months ago
Great call! Had to watch this one again! The U.S. economy grew at a meager 1 percent pace this spring, a slower rate than previously estimated. The downward revision will likely increase fears that the economy is at risk of another recession. Fewer exports and weaker growth in business stockpiles led the Commerce Department to lower its estimate for the April-June quarter from its previous annual rate of 1.3% growth. That means the economy expanded only 0.7% in the first six months of the year.
TheSMFTRADER 6 months ago
This has been flagged as spam show
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travelecomomy 1 year ago
wrong.
dynobreath 1 year ago
@dynobreath S&P just downgraded the US debt and markets are crashing because this video was accurate
DailyStockCharts 6 months ago
We told you!!
eatfish97 1 year ago
S&P 500's Earnings in 2011 Will Miss Consensus Estimates FOR SURE! Most investment analyst and mutual fund managers are way too bullish on the earnings seasons going forward. We'll just have to keep watching CNBC for the looks on their faces when the earnings catch up with the market fundamentals
TheSMFTRADER 1 year ago
@TheSMFTRADER thanks for the comments we hope you enjoyed the "S&P 500 Earnings Estimates for 2011" We'll be updated you in a few days with future years "s&p 500 EPS" figures for 2012, 2013, and 2014. Make sure you bookmark this "S&P 500 Video" to keep us honest ;-)
StockMarketFunding 1 year ago
@TheSMFTRADER I see it on thier faces now. but they know the Fed will buy the junk to save them. I bet Dow 10,000 and S&P1,000 is the bottom even if world war III starts. Poor Earnings dont matter, all that matters is the Fed bidding up prices. Good luck
scanlonized 1 year ago
@scanlonized thanks for the comments, keep checking back in and we'll let you know if those numbers are going to hold. Obviously they undercut the prior low on the Dow Jones by exactly 50 points then like were telling our trades they'd walk it off the lows. I know what you're saying about the Feds and they're doing a great job at the Federal Reserver to create negative interest rates to get the money into the market. Volume for August 2010 is far lower than the normal low volume we see.
StockMarketFunding 1 year ago
@scanlonized good luck to you too. These people will do anything to get a move, including having Ben Bernanke come out an lie about the 2011 prospects for the United States Economy and forecast "“Stronger household finances, rising incomes, and some easing of credit conditions will provide the basis for more-rapid growth in household spending next year,” Mr. Bernanke said.
Bottom line, poor earnings and earnings outlook for 2011, 2012 do matter because institutional investors sell.
TheSMFTRADER 1 year ago
This has been flagged as spam show
@TheSMFTRADER I see it on thier faces now. but they know the Fed will buy the junk to save them. I bet Dow 10,000 and S&P1,000 is the bottom even if world war III starts. Poor Earnings dont matter, all that matters is the Fed bidding up prices. Good luck
scanlonized 1 year ago