Chipper

Savita Subramanian’s team at Bank of America Merrill Lynch collects data on how many times certain terms are used during quarterly conference calls. This morning, her chart demonstrating a seven year high for optimistic forward guidance. Guidance ratio (leads revisions) is above average Hard data (guidance ratio) and soft data (word count) indicate upbeat management tone. Guidance trends heading into 4Q earnings sea...

source http://thereformedbroker.com/2018/01/24/chipper/