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Wednesday, July 7, 2010

Earnings Season Almost Here

Interesting chart from Bespoke Investment Group showing stocks during off earnings season periods and earnings season . CLICK CHART TO ENLARGE
Earnings season starts on Monday with the release of Alcoa's results. Expectations are not as strong for earnings overall as they been in the recent past. This is a good thing. If they are even a little bit better than expected, it could push prices higher.

Guidance, where companies look down the road a bit, is also important. That's where investors will get clues on how the recovery (or lack of recovery) is proceeding.
Buckle could get bumpy.

Disclaimer: Information is for educational purposes only. Investors should do their own homework or consult with an investment professional before making investment decisions.

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