Market Commentary Highlights...
- The so-called earnings "pre-announcement season" is upon us.
- The current ratio of negative-to-positive preannouncements is 2.3, above the historical average pre-announcement ratio of 2.1; historically this 2.3 ratio has been followed by a gain of about 2% in the S&P 500 during the ensuing earnings season.
View the entire economic Commentary
- While the above average pre-announcement ratio may be a small positive for the earnings season once it gets underway, the next few weeks may continue to feature negative pre-announcements and modest losses for the stock market.
Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of June 27, 2011. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. The above commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx
###This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. www.mylsb.com