Daily Charts - Fundamentals vs Technicals
1.Fundamentals vs Technicals...
What if I told you one of the most *fundamental* of fundamental information: earnings growth, was actually working more like a technical indicator?
Turns out Analyst consensus earnings expectations function more like a sentiment indicator -- basically giving a contrarian signal rather than a fundamental justification to be bullish or bearish 🧐 $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $DJIA(.DJI)$
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2.Disinflation is done.
Inflation resurgence risk is here.
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