5 Reasons to Worry About Next Week:Seadrill (NYSE: SDRL ) $0.58 vs $0.71 last year????
Guess we will see some profit taking....if it is at $0.58 vs $0.71 last year???
5 Reasons to Worry About Next Week
The economy is showing signs of fumbling the recovery.
Even though some Fed members have suggested easing back on central bank stimulus, the coast isn't exactly clear. Despite the spike in home sales and this week's better-than-expected report on new claims for jobless benefits, we still saw a report showing that manufacturing has slowed for the second month in a row.
The news isn't just iffy on the macro level. There are also more than a few companies that aren't pulling their own weight in this supposed economic recovery.
There are still plenty of names posting lower earnings than they did a year ago. Let's go over a few of the companies that are expected to go the wrong way on the bottom line next week.