stocks

57 Posts

Weekend Reads: Beating Expectations — Again and Again

Weekend Reads Exceeding Expectations Again and Again

Companies have gotten so good at managing earnings (and Wall Street) these days that when reporting season rolls around, it’s hard to ascribe any value to news that a company “beat” expectations. In fact, a review of quarterly data compiled by FactSet Research Systems reveals a recurring pattern in recent years. Companies guide earnings and revenue estimates down over the course of the quarter and then clear the lowered bar when they report financial results. Markets cheer. Rinse and repeat. Read more

Leave a Comment

Weekend Reads for Investors: The Super Bowl Indicator

Weekend Reads

This weekend approximately half of US households will be watching the Denver Broncos and Seattle Seahawks compete in the 48th edition of the National Football League’s Super Bowl. It is typically a time when stock market observers cast seriousness aside and consider what the game’s outcome will mean for equity prices by examining the Super Bowl Indicator. First proposed in 1978, this theory holds that stocks will rise in the coming year if an original NFL franchise wins, but will fall if an old AFL team wins. Read more

Leave a Comment