Goldman Sachs Sees Many Firms Missing Q2 Revenue Estimates on Strong Dollar
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JPMorgan Raises US Q2 Real GDP Forecast to 1.4% from 0.7%
July 27, 2022 9:47 AM EDTJPMorgan Raises US Q2 Real GDP Forecast to 1.4% from 0.7%
... MoreRelief Rally Nearing Exhaustion as Seasonally Weak August Approaches - BTIG
July 25, 2022 7:24 AM EDTJonathan Krinski, Chief Market Technician at BTIG, sees the ongoing relief rally in stocks nearing an exhaustion point.
The strategist took note of a c10% rally off recent lows and urged clients to cut risk exposure above the 4,000 handle in the S&P 500.
We are still in... More
This is Just the First of Likely Several Disappointing Quarters - Morgan Stanley
July 25, 2022 6:16 AM EDTMorgan Stanleys Michael Wilson once again reiterated his bearish stance on U.S. equities as companies continue to report on their Q2 performance.
Wilson took note of plunging revision breadth, especially noticed in sectors like Consumer Durables, Financials, Industrials, Materials, Semis, Tech Hardware, and Telecom Services.
We believe this is just the first of what is likely to be several disappointing quarters before estimates finally trough.... More
Global S&P Futures mixed in premarket
July 25, 2022 3:34 AM EDTGlobal S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $94, natural gas mixed, gold at $1724 an ounce
... More