Baked in Q-2 Earnings are Off, the Stock Market Will Continue North

Baked in Q-2 Earnings are Off, the Stock Market Will Continue North

$SPY The S&P 500 is cheaper than many think, meaning more profitable. The stock market is cheaper and profitability is better than the pundits would have us believe. The deep dive baked into Q-2 consensus earnings understates the real core earnings of many US companies. Here I show where there is Northside in the overall […]

SEC Cracking Down on Misleading “Shocking” Corporate Accounting

SEC Cracking Down on Misleading “Shocking” Corporate Accounting

SEC Cracking Down on Misleading “Shocking” Corporate Accounting $DIA, $SPY, $QQQ, $VXX SEC’s chief accountant for corporate sending message to companies that aggressively engage in misleading adjusted earnings measures. Mark Kronforst, chief accountant of the SEC’s corporation finance division, warned that the SEC is sending a message to companies that excessively engage in misleading accounting. […]

Bear Market “Radar” on High Alert

Bear Market “Radar” on High Alert

Bear Market “Radar” on High Alert $DIA, $SPY, $QQQ, $VXX The US Securities and Exchange Commission is set on putting a stop to the accounting methods that artificially inflate company profits. According to an industry notice he SEC is getting ready to step up its scrutiny of companies’ “homegrown earnings measures,” signaling it plans to […]