• CWS Market Review - May 4, 2021

    8 days ago - By Crossing Wall Street

    (This is the free version of CWS Market Review. Don't forget to sign up for the premium newsletter for $20 per month or $200 for the whole year. Thanks for your support.)
    The Best Earnings Season Ever!
    The Q1 earnings season is shaping up to be an outstanding earnings season for Corporate America.
    The Wall Street Journal notes that this season's “beat rate,” meaning how many companies are reporting results above Wall Street's consensus, is running at 87%. That's the highest since they started tracking these numbers in 1994. The long-term average is 65%.
    Side note: That last stat says a lot...
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