Wall Street Unplugged - What's Really Moving These Markets cover image

3 Big Tech leaders to buy… and 3 to avoid

Wall Street Unplugged - What's Really Moving These Markets

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AMD's Trading at 38 PE

This is the first quarter we've seen probably in about six, seven quarters where the average usually where they beat expectations is around 70, 73 percent. For the S&P 500 company, 73 percent of them usually beat analysts estimates. Now we're 80 percent. But this is the first time we've been over 73 percent where even though that many companies are beating the earnings and sales estimates, the average company is going lower after they report. That's how crazy this market is right now. You should be very, very, very careful,. especially companies that are heavily dead and they better be growing.

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