Mill Street Research on Mythryl: “To follow up on Semis, our data on analyst EPS estimate revisions…”

To follow up on Semis, our data on analyst EPS estimate revisions shows the pace of EPS increases vs decreases coming down from its historically high levels after extreme upward moves in Q1 and Q2 earnings. Expectations are now *very* high and seem to have passed the "second derivative" peak.

Mill Street Research@millstreetresearch.com

Interesting point from @followtheh.bsky.social about the losing streak for the SOX. As the poster child industry for "selling picks and shovels to gold miners" in AI, the selling in Semis since the peak in June, despite continued solid reported earnings, is concerning for leadership/sentiment.

16/10/26, 1:48 pm0 reposts4 likes

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