Originally Posted by
Balance
Market is obviously pricing in and expecting a profit downgrade and earnings disappointment. So is the market right?
If TIL's sp trend is any guide, the market has been pretty accurate in the past.
One of the most interesting observations passed to yours truly here over the decades when evaluating a stock's propensity to trend on 'informed' trades is to look at whether the sp gaps on results and price sensitive announcements.
The chart of TIL suggests to me that the informed market is driving the sp.
Leaving the stock well alone until they announce their results or trading update.