Over the next few weeks we will hear how US companies navigated a difficult Q2. More importantly, we will also receive guidance looking forward. This will lead to analysts lowering their earnings targets… something the stock market is yet to price in.
Sell this Bounce… and Why NZ is Worth Watching
We are in the midst of a bear market rally – but I don’t trust it for three reasons. Separately, is New Zealand a canary in the coal mine regarding the impact of raising interest rates?
What Did We Learn from NIKE?
NIKE’s disappointing earnings today warned us a recession looms. And whilst the stock is 43% off its highs – it’s not yet a buy. It’s going lower.
Market Poised to Rally… But Tread Carefully
Bear market bounce or market bottom? For me, it’s the former. Two things: (i) we still need to see earnings revisions come down; and (ii) the market has a large technical hurdle it’s yet to clear…
For a full list of posts from 2017…