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Can second quarter earnings reports save the market? Looking at other earnings seasons the results are mixed. Stocks rallied 2.22% when S&P 500 companies reported their first quarter results (between AA: 4/7/08 and WMT: 5/13/08); however, during the two previous earnings seasons the market declined -4.28% and -5.37%. As shown in the table, Alcoa began 3Q07 reports on 10/9/07, the market top.
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The Ticker Sense Blogger Sentiment Poll is a survey of the web's most prominent investment bloggers, asking "What is your outlook on the S&P 500 for the next 30 days?" Conducted on a weekly basis, the poll is sent to participants each Thursday, and the results are released on Ticker Sense each Monday. The goal of this poll is to gain a consensus view on the market from the top investment bloggers -- a community that continues to grow as a valued source of investment insight. © Copyright 2009 Ticker Sense Blogger Sentiment PollTicker Sense was founded and developed by analysts at Birinyi Associates. Birinyi Associates continues to own and manage all content.
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