Earnings Season Kicks Off This Week As S&P Earnings Estimates Slide
Photo by Austin Distel on Unsplash
While Europe was closed today, the S&P struggled to find its footing as bank earnings will kick off the 1Q earnings season. While the S&P 500 has been grinding higher, earnings estimates and margins have continued to fade.
While the bigger picture looks bleak, stocks have been surprising to the upside. (MU, AMD, BTG, SVM, HL, FCX, EQT, PYPL, ALLY, SLG, HZO, TGT).
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