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After Cliff, Markets Will Now Focus On Earnings

After Cliff, Markets Will Now Focus On Earnings: With the beginning of a new year, the markets are now eagerly waiting for the results season, which is due a few days. But, major analysts are saying that this earnings season is going to be static temporarily. As the fourth quarter reports on markets was slightly down on this week, the US investors have decided that after the fiscal cliff worries, they will now focus more on fundamental concerns like earnings. The market is closed on Tuesday with Alcoa, the aluminum company whose financial results are being expected to be slightly higher than the third quarter results which were lackluster. Most of the financial analysts are taking this as a warning sign and had opinions that instead of this new raise in earnings estimates in the market, these recent estimates are sharply down from the estimates of October. The new market assumptions claim that these new estimates will set the stocks up in trends where it will tend to fluctuate sharply & regularly.

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