This is the thing the bears hate most

I wrote this on my birthday, February 25th. I knew it would happen. Hundreds of S&P 500 component companies, like my Mastercard example, cut their full-year guidance for 2020 or eliminated it outright. The bears like that. But then, enough time goes by and everyone forgets what the original estimates were. And then the companies start “beating” the new numbers, which have been revised lower months ago. An...

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source https://thereformedbroker.com/2020/05/26/this-is-the-thing-the-bears-hate-most/