Greater Fool Pressure Dropping

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Includes: BNO, CRUD, DBO, DNO, DTO, DWTI, OIL, OLEM, OLO, SCO, SPY, SZO, UCO, USL, USO, UWTI
by: Danielle Park, CFA

Economic barometers oil and copper falling. Stock prices way up. Willing buyers low.


S&P forward earnings estimates still high but following oil prices lower.

Rate of decline in forward earnings estimates catching growth bulls by surprise (encore). 2015 looking very interesting…Remember, no one gets it all their way forever.