When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
SPXE - 2020 Earnings Data Portends Positively For S&P 500
ProShares S&P 500 Ex-Energy
Preparing yesterday's post, the decline in the "forward 4-quarter" growth rate for the S&P 500 below 3% was a bit of a surprise.
However, perusing the IBES by Refinitiv 2020 Expected S&P 500 Earnings data shows that revisions are positive for next year (at least for now) which historically has been positive for "expected returns" for the S&P 500.
Ed Yardeni, Jeff Miller, Sam Stovall, and a few others who follow S&P 500 earnings regularly have noted over the years that the "revisions" trend is usually negative into the release of quarterly earnings and then