Market Forecasts Take a Hit: S&P 500 Estimates Plummet Amid Slowing Sales
The outlook for the S&P 500 in 2024 and 2025 has taken a drastic turn for the worse, driven primarily by dwindling sales estimates rather than margin concerns. This shift suggests a substantial risk to earnings estimates in the future. Despite the index stalling since mid-July, it has become increasingly vulnerable to potential downturns.
In today’s complex market landscape, it’s essential to stay informed and adapt to changing trends. Reading the Markets provides daily video and written commentaries to help investors prepare for upcoming events. By combining fundamental trend analysis, technical chart assessments, and options trading data, our process identifies potential market shifts and provides actionable insights for investors.
Michael Kramer, founder of Mott Capital, is a seasoned investor with 30 years of experience in tracking market technicals, fundamentals, and options. He leads the Reading the Markets investing group, where he shares his expertise with members to help them navigate market fluctuations and make informed investment decisions.
The Reading the Markets investing group offers a unique blend of features, including daily written commentary and video analysis, macro trend education, community chat, and regular Zoom sessions. With access to Michael Kramer’s expertise at a fraction of the cost of similar services, subscribers gain a competitive edge in the market.
Important disclosures: The author has no positions in the mentioned companies and does not plan to initiate any within the next 72 hours. This article expresses the author’s opinions and is not influenced by any compensation or business relationships. Charts used with permission from Bloomberg Finance L.P. This report is for informational and educational purposes only, and readers should not treat any opinion or prediction as a specific solicitation or recommendation to buy or sell a particular security.
Leave a Reply