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SPDR S&P 500 ETF Message Board

  • techglass1 techglass1 Apr 25, 2013 8:34 AM Flag

    Every company in the S&P missed revenue guidance and mkt still goes up

    The worst earnings season I can remember and stocks are still soaring......

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    • UPS, QCOM, IBM, AAPL and others were marginally met their low ball revs. Regardless of how unemployment claim report because futures already rocketed prior the report came out.. bad report translates QE extension , good report means better for stock investments..
      Henry Ford's logic: choose whatever direction you want, as long as it's up... can't go wrong with that... GL

    • and they missed on their own low ball guidance too. They tell analysts what to expect, almost a win-win situation, low ball the estimates, then lower it even more just before reporting...and still miss on revenues...lol...crazy. Alcoa earnings were slashed like 30% 2 weeks before earnings so it can beat it. But money is buying into this game of rigging earnings beat every quarter for years.

 
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