Earnings Estimates Update: Johnny Nash Style…

Data Source: FactSet

Everyone knows the classic song by Johnny Nash, “I Can See Clearly Now”

I can see clearly now the rain is gone
I can see all obstacles in my way
Gone are the dark clouds that had me blind
It’s gonna be a bright (bright)
Bright (bright) sunshiny day
It’s gonna be a bright (bright)
Bright (bright) sunshiny day

Continue reading “Earnings Estimates Update: Johnny Nash Style…”

Be in the know. 10 key reads for Friday…

  1. U.S. adds 136,000 jobs in September, unemployment rate hits 50-year low (MarketWatch)
  2. The Dow Could Rebound in ‘a Matter of Days.’ One Way to Play the Comeback (Barron’s)
  3. Apple to Increase iPhone 11 Output by Up to 10%, Nikkei Reports (Bloomberg)
  4. Alphabet (GOOGL) PT Raised to ‘Street High’ $1,600 at Deutsche Bank; ‘Bullish on Google Cloud’ (Street Insider)
  5. ‘Sahm Rule’ enters Fed lexicon as fast, real-time recession flag (Reuters)
  6. Eddie Murphy says ‘Dolemite Is My Name’ (and Obama’s urging) spurred his return to stand-up (USA Today)
  7. The McRib is returning to McDonald’s menus at more than 10,000 locations across America (Business Insider)
  8. Soybean Futures Bounce Back After China Restarts Purchases (Wall Street Journal)
  9. The EU signaled it won’t retaliate after Trump said he’d slap Europe with $7.5 billion in tariffs (Business Insider)
  10. Ray Dalio: ‘I’m going to go quiet in about a year’ (Yahoo! Finance)