Earnings: up or down?

Just a quick straw poll to ask two burning questions:
1. Which way do you lean this earnings season? It’s a hot topic on every investor’s mind lately. Bears note that signs of economic recovery are slim and fragile, and that the market run-up seen over the summer is due for a correction. Bulls are quick to point out that year-to-year numbers show just how far a company has (or hasn’t) come since the Big Market Slide last autumn.
Which way is your earnings-arrow pointed: up, down or sideways?
2. Which sectors or stocks will stand out this earnings season? Do you have any stocks in your back-pocket that you think are likely to surprise the market, for good or for bad? What are they, and how do you plan to trade ‘em?
If you’re not using it already, don’t forget to check out TK’s Earnings Calendar, under Quotes + Research. (Don’t forget to login first.) This tool is your best friend during earnings season to track all the announcements, analysts’ expectations, and more.
Best of luck trading the earnings-waves out there – here’s hoping you stay out of choppy waters!
[images: Arrow of the North by CJ’s and the arrow by cjc4454 on Flickr]
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Comments
Follow commentscloser posted October 12, 2009 (07:26PM)
All Aboard
Best Closer
corbinb2 posted October 13, 2009 (09:13AM)
One interesting stock I have already put into the IRA account is AA (ALCOA). Commodities in general and building/manufacturing materials should see some pretty steady growth well ahead of an official recovery. Of course with the market being fairly well speculative at this point, how growth translates into the price of a stock is going to be skewed somewhat, but my guess is that companies that provide the materials other companies need to 'make stuff' should do well this earnings season.
bigdog posted October 13, 2009 (02:50PM)
Interesting points on your sector pick, too, Corbinb2. Speaking anecdotally, it does seem like lots of major construction projects were put on hold when the crisis hit, and that now many builders may realize they can complete their jobs with discounted labor and materials and with some promise of buyer demand on the other end. Anyway, let's hope you're right!
Trench warfare posted October 13, 2009 (04:24PM)
bigdog posted October 14, 2009 (10:11PM)
I found your big-picture take on all this very interesting, Trench warfare. Let's check in in six months and see if you're right!
Trench warfare posted October 29, 2009 (09:23AM)
bigdog posted October 30, 2009 (09:23AM)
Bottom line, though, sounds like you're hanging tough, with your portfolio more in the black than the red? If so, congrats! Let's just navigate now to less choppy waters and ride this uncertain period out.
Trench warfare posted December 05, 2009 (01:11PM)
Summation of earnings season, from Bloomberg. Up 11% looks like joblessness is paring down and all those dire warnings for 2010 may be unfounded.
http://www.bloomberg.com/apps/news?pid=20601068&sid=aCLBmnGq2pPM
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