Technology Sector Dominance in Q2 Data
The recent SEC filing update of quarterly financial statements is now 90% complete. The volume of SEC filings will now start to decrease in coming weeks giving us the chance to take a high-level view of the Q2 data and potential trends.Q2 2020 hedge fund letters, conferences and moreTop-Line WeaknessCorporate growth fell very broadly in the second quarter but not as steeply as we might have expected. Total market average sales growth fell to 5.7% (down from 7% last period and down 15% from the peak in the third quarter of 2018).Average sales growth downtrend continues. The proportion of market...
Sell Intuit Inc: Overvalued & Cash Flow Falling Fast
Investors do not wait. Get ready for Active Management now!Now is the time for investors to incorporate quantitative tools to empower their portfolio management. Any change in the direction of any of the principal components of earnings growth such as sales growth, gross margins, operating or financing costs may be important indicators about the future direction of the growth rate of the company. Intuit Inc. (NASDAQ:INTU) is exhibiting a clear sell pattern.Q1 2020 hedge fund letters, conferences and moreHow to Spot a Loser!A quality sell pattern requires:High & flat to falling gross marginLow ...