Browse > Home / Earnings / The Week Ahead: The rules have changed

The Week Ahead: The rules have changed

August 10, 2008

The Week Ahead

I am not sure how things can get any worse from this point although the more I learn about the accounting antics within the financial industry and the see wild market volatility, it appears obvious that we are not out of the woods yet - even with the recent dead cat bounce.  The main problem stems from the fact that the rules have changed.

Yes, even though many of the core principles that we may use to identify market opportunities are solid and have worked for years, this time it is different. No matter how you choose to look at it, the economy is in shambles and this extreme volatility is clearly reflective of a bear market rather than what may appear to be the return to a bull run.

Last week, earnings came in all over the place and many of the reporting companies missed by a wide margin. In fact, as over half of the S&P 500 has already reported earnings know this quarter, we’re seeing an overall decline of about 18% from a year ago.

(ANF) (BIDU) (AMAT) and others….

Read the Entire Article

Related Posts:

  1. The Week Ahead: Earnings you need to know about Excerpt from my MSN Money article on the coming week’s earnings: How...
  2. The Week Ahead - Apple, Netflix and More The Week Ahead - My Weekly Column on MSN Money We are...
  3. The Week Ahead: Size matters, but does Sears? MSN Money TopStocks It is no secret that markets have been tough...
  4. The Week Ahead - Crocs, Banks and Beer Here is a peek at my article for MSN Money for this...
  5. The Week Ahead: Waiting for more shoes Upwards of 65% of the S&P 500 companies have reported thus far...

Written by Andrew Horowitz · Filed Under Earnings 

Comments