Earnings estimates slashed, reality forces long-overdue downward revisions. S&P, Nasdaq shorts hit multi-year highs. S&P 500 trails global markets like never before since 1988
Downward #earnings revisions have been outpacing upward revisions. As you know,we have been stating for quite a while that #estimates were way to high and would have to adjust lower for #economic realities.H/T @sentimentrader pic.twitter.com/rzDVOxozSy — Lance Roberts (@LanceRoberts) March …