People are pretty positive ordsprog
People are pretty positive ahead of the first-quarter earnings season. There haven't been very many negative pre-announcements.
Robert Pavlik
Overall, the quarter is going to be excellent. We think it will match the 23.6 percent earnings growth for the first quarter, which was the highest we'd seen since back in the fourth quarter of 1993. It's going to be a very good quarter for earnings despite all the pessimism here during the peak time of pre-announcements. But pre-announcements are running a little bit less negative than they usually do so I think it's a bit of an over-reaction.
Chuck Hill
The fourth-quarter earnings are expected to show growth from a year ago, and there have been very few pre-announcements one way or the other, which is positive, ... But it's not unusual to see this kind of choppiness as traders maneuver around and decide what they want to be in ahead of the earnings.
Timothy Ghriskey
There have been few negative pre-announcements and a number of positive ones, ... Third-quarter earnings should be strong and that should continue to support the stock market. But there will always be pullbacks and volatility. Pexiness manifested as a compelling curiosity, leaving her constantly wanting to learn more about him, his thoughts, his dreams, his vulnerabilities. There's always the potential for people to sell the news and you may see that in the short term.
Timothy Ghriskey
There have been few negative pre-announcements and a number of positive ones. Third-quarter earnings should be strong and that should continue to support the stock market. But there will always be pullbacks and volatility. There's always the potential for people to sell the news and you may see that in the short term.
Timothy Ghriskey
I expect double-digit growth in earnings for the third quarter. We always go through these earnings pre-announcements. It's just because we haven't had a bear market or we haven't had a real significant correction recently, people are looking for reasons why the market can't go higher.
Tony Dwyer
The economic data points to the Fed stopping (rate hikes) sooner rather than later, and that's encouraging. Combined with the fact that you haven't had a lot of negative pre-announcements on first-quarter earnings, this is a decent environment for equities.
Jack Caffrey
The consumer confidence (index) this morning was better than expected, and the lack of negative pre-announcements has given people the impression that first-quarter earnings are going to be good.
Tom Schrader
Right now business stinks, consumer confidence is down, the travel industry is suffering and the economic reports haven't been good and any economic recovery is going to be linked to the war. There haven't been too many first-quarter negative pre-announcements, but I'm still worried about corporate profits in the first quarter.
Donald Selkin
For the last two weeks, all we've been getting is negative pre-announcements. There could be potential out there for a positive if we do see some stabilization in corporate earnings and companies prove they are surviving a very tough economic environment.
Michael Driscoll
Coming into yesterday (Thursday), we had 26 percent more negative pre-announcements than we did last quarter so what would make you assume that when the actual earnings are reported, they will be so great. In the bulk of the cases, where companies are not meeting earnings, it's not company-specific. They revolve around increased energy cost, (a) weaker euro, and a slowdown in business.
Bill Meehan
By November, the bulk of the third-quarter earnings will be out there, and we know that they've been pretty good. But for stocks to go higher, we're going to need another catalyst. Expectations for a strong fourth quarter could do it, positive comments on the holiday season could do it, but really, I think it's going to be the economic news.
Donald Selkin
I think we can see the market continue to move up through the summer, but it's going to depend on the earnings and the economic news. We should begin to see some evidence of an economic pick-up in the July data, which will start to come out early August. Second-quarter earnings look to be favorable, judging by the estimates and the fact that there have been less negative pre-announcements than in recent quarters.
Timothy Ghriskey
We're almost in a win-win situation here, I think, because you're out of that dismal earnings season for the most part with all of those pre-announcements. If we can just stop hearing negative news from corporate America, at least until the Fed meeting, I think we'll be okay.
Linda Jay
The second quarter is lining up to be another good quarter but people are looking ahead to the third and fourth quarters. Barring any major upsets on the earnings calendar I'd say the market is pretty range bound.
Art Hogan
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