2min chapter

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Ep. 195: Jim Roppel: Stock Market Lessons Of 2022

Investing With IBD

CHAPTER

The Incentives for Estimates for 2023

Zachary: The estimates are looking phenomenal for 2023. But let's look at who's making these estimates people who are like. They're living to save their job. If they are wrong to the upside, they're fired. That's why we have beaten raise very few if an analyst says we think they're going to earn a dollar. He's like 90 cents. So yeah, it's not ideal. Maybe that's the one flaw. But with all these other variables, the market is telling us it like, oh, click it a weekly, please. Are you looking at it now?Yeah. Look at the wall of blue and the volume bars. Yeah. Okay

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