Holiday Blues For The Spoos
MRKT Matrix
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SMP Earnings Estimates Are Way Too High
We've been talking about how SMP earnings estimates are just way too high given what we see is the head winds to economic growth in general. The NASDAQ has really under performed over the last two months and that rally here didn't even get us 200-day moving average guy. Carter came on market call early last week he said there is a gap I think it was saying the 38 18 in the S&P 500 here by my math guy we're almost there 38 32 or so but I don't think he thought it's gonna stop there.
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