XJO 0.84% 8,295.1 s&p/asx 200

Weekend Charting and Chat

  1. 9,480 Posts.
    lightbulb Created with Sketch. 5337
    Yes - it's Earnings
    Season, when expectations are not fulfilled and the stock price rises, and expectations are beaten to death, and the stock price drops.

    Screen Shot 2018-08-10 at 10.14.23 pm.png

    This is the time when even a whiff of optimism will see a stock price fly: Screen Shot 2018-08-10 at 10.17.04 pm.png

    Of course, (wink, wink) we all know that the figures are massaged and the only people fooled are the analysts who produce all those expectations:

    Screen Shot 2018-08-10 at 10.18.46 pm.png

    Let's do more forecasts.  Yeah!

    Screen Shot 2018-08-10 at 10.22.30 pm.png

    So - Let's have a look at what the market thought of the first week of Earnings Season:

    Screen Shot 2018-08-10 at 10.23.52 pm.png

    XJO up +0.7%.

    Screen Shot 2018-08-10 at 10.26.33 pm.png

    See ya all t'morro

    RB
 
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