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IBDvalueinvestin (98.91)

Fear of lowered forward guidance on earnings day because of Europe is what is scarying investors

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October 07, 2014 – Comments (1) | RELATED TICKERS: SPY , DOW , SQQQ

The yahoo finance page headline saying that fear Europe will dent earnings is causing 200 point drop is kinda misleading. The biggest factor on earnings day is forward guidance. Since many are predicting that Europe is headed for a recession, the big multi-nationals will be hard pressed on the guidance going forward.

1 Comments – Post Your Own

#1) On October 07, 2014 at 7:45 PM, IBDvalueinvestin (98.91) wrote:

Recessions are known for exposing bankruptcies, this week everyone was surprised by GTAT bk filing including myself.

This may have just been the first of many though. There are a couple of  IPO's that have been in a death spiral the last 3 months in the 3D printing sector. The same sector that couldn't miss in 2012-2013.

 

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