Kaoboy Musings

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Kaoboy Musings
Mid-Earnings Season Gut-check/ Black Gold About to Shine? / King Dollar No More?
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Mid-Earnings Season Gut-check/ Black Gold About to Shine? / King Dollar No More?

Kaoboy Musings 10 – 10/29/2019

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Michael Kao
Oct 29, 2019
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Kaoboy Musings
Kaoboy Musings
Mid-Earnings Season Gut-check/ Black Gold About to Shine? / King Dollar No More?
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Mid-Earnings Season Gut-check

As of 10/29/19, a little over half of the S&P 500 have reported Q3 results.  I found it interesting that out of 10 major industry sectors represented, all 10 sectors had positive earnings surprises, 6 had positive sales surprises, and of the 4 that had sales disappointments, only 1 group (Utilities) had a negative surprise t…

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