FYI: Another earnings season kicks off after the close Monday, and judging by the pace of estimate revisions, analysts are increasingly worried. Over the last four weeks, companies with negative analyst revisions outnumbered companies with positive revisions by 278. This works out to nearly 19% of the stocks in the index, and is close to the lowest levels we have seen in a year. In fact, the pace of revisions is more negative than it has been heading into any earnings season in at least a year.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2015/1/12/analyst-sentiment-dropping-like-a-stone.html?printerFriendly=true
