Tag Archives: Earnings

Morning Update  -  01/02/10

Markets are looking a bit better today with strong economic data out of Europe and ahead of today’s ISM data for the U.S. Another full earnings week with 13 TSX companies reporting and 92 members of the S&P 500.

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Weekly Commentary  -  25/01/10

Tough week for the markets on the back of Obama’s comments about US bank reform and concerns over the reappointment of Fed Chairman Ben Bernanke. Any good news on the economic side or from the earnings season, which is better than many may think, was quickly glanced over. Lots of economic data this week, especially Friday. And lots of earnings.

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Morning Update  -  20/01/10

U.S. dollar is very strong this morning with the C$ down along with most commodities. China is down 3% and markets are looking down for the open.

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Buying the Banks Ahead of Earnings  -  24/10/09

We believe the Canadian banks are well positioned to exceed earnings expectations in similar fashion to last quarter. The yield curve remains very steep which has a positive relationship with earnings growth. Once more, based on current earnings estimates the market is not expecting any earnings growth from the banks.

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