🚨 #WallStreetEarningsRevisionsTurnBearish — the market just lost one of its quietest bullish supports.
For the first time in 23 weeks, more Wall Street analysts are cutting U.S. earnings estimates than raising them, according to a Citigroup revision index. That ends the longest positive revision streak since 2021.
The pressure points are clear:
Higher rates + sticky inflation + expensive energy = margin pressure.
Consumer, materials and financial names are among the areas seeing weaker revisions, while investors are starting to question whether current valuations can keep outrunning earnings.
Important nuance: this does not mean earnings have collapsed. FactSet still showed aggregate Q3 EPS estimates rising through August, so the bearish turn is a newer change in revision momentum, not a full earnings recession yet.
The trigger now:
More estimate cuts → weaker forward earnings → valuation compression risk → broader equity volatility.
AI names may stay resilient longer, but if earnings revisions keep deteriorating, even market leaders can eventually feel it.
Wall Street just shifted from upgrading profits to cutting them. That’s a signal worth watching. 👀
$XAU $NVDA $INTC
#AIStocksWhatNext #BCHJumps28%OnCMEFuturesListing #DollarIndexReclaims101 #21SharesLaunchesEuropesFirstZcashETP
For the first time in 23 weeks, more Wall Street analysts are cutting U.S. earnings estimates than raising them, according to a Citigroup revision index. That ends the longest positive revision streak since 2021.
The pressure points are clear:
Higher rates + sticky inflation + expensive energy = margin pressure.
Consumer, materials and financial names are among the areas seeing weaker revisions, while investors are starting to question whether current valuations can keep outrunning earnings.
Important nuance: this does not mean earnings have collapsed. FactSet still showed aggregate Q3 EPS estimates rising through August, so the bearish turn is a newer change in revision momentum, not a full earnings recession yet.
The trigger now:
More estimate cuts → weaker forward earnings → valuation compression risk → broader equity volatility.
AI names may stay resilient longer, but if earnings revisions keep deteriorating, even market leaders can eventually feel it.
Wall Street just shifted from upgrading profits to cutting them. That’s a signal worth watching. 👀
$XAU $NVDA $INTC
#AIStocksWhatNext #BCHJumps28%OnCMEFuturesListing #DollarIndexReclaims101 #21SharesLaunchesEuropesFirstZcashETP
