Market conditions were challenged with spiking correlations and negative sentiment presenting headwinds for stock pickers. Earnings trends were the only bright spot.
January 24, 2019
October 18, 2018
Consecutive quarters of record-breaking earnings strength haven’t improved the mood among Wall Street analysts. That negative sentiment spoiled an otherwise healthy backdrop for active managers in the third quarter.
July 26, 2018
Earnings season is in full swing. This is the time each quarter when analysts and investors hear from company management regarding the past three months and gauge what that means for the future. Stock prices move based on how the company’s performance is viewed against what was expected. How financial results are judged relative to expectations provides insight into a behavioral anomaly that permeates the market.
July 24, 2018
Companies are shattering earnings expectations at a record clip…but Wall Street analysts appear skeptical the trend can continue.
April 12, 2018
Active managers were able to ring in the new year with some of the most favorable market conditions for stock picking on record. Spiking correlations in the first quarter have officially spoiled the party.