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SMLL - Fundamentally Speaking: Earnings Don't Support Bullish Thesis
Direxion Daily Small Cap Bull 2X Shares
With the second quarter of the 2020 reporting season mostly behind us, and with markets testing "all-time" highs, do earnings support the bullish thesis? Such is the fundamental question surrounding the debate over the record deviation between "momentum" and "growth."
No Real Surprise
As we stated before the earnings season began, the annual "beat the estimate" game would, as always, have a high "beat rate."
"SO EXCITED! - It's almostMillennial Soccer seasonon Wall Street where companies begin to beat estimates on drastically lowered expectations."