Low Expectations for 1Q Earnings
April 30, 2009 by TheRainMaker
Filed under Stocks
One of the key indicators for today’s open was XOM’s earnings, and despite missing analysts’ earning expectation by $100M the stock is trading up in premarket. The DOW future, 15 minutes before the open, is now trading up over +100 points. So what does this tell us? The Street has extremely low expectations for the [...]
