Global Earnings Revision Ratio

Global Earnings Revision Ratio The global earnings revision ratio is still improving. Image: BofA Global Quantitative Strategy

S&P 500 Earnings Revisions Breadth

S&P 500 Earnings Revisions Breadth Earnings revisions breadth is very strong. But according to Morgan Stanley, the stock market is vulnerable to a 10-15% correction over the next six months. Image: Morgan Stanley Research

S&P 500 Earnings Revisions Breadth

S&P 500 Earnings Revisions Breadth This chart suggests that S&P 500 earnings revisions have likely bottomed. Image: Morgan Stanley Research

S&P 500 and Earnings Revisions

S&P 500 and Earnings Revisions In recent history, the S&P 500 has bottomed when the second derivative of earnings revisions have bottomed. Image: UBS