Help understanding a stock article

Discussion in 'Ask any question!' started by samhand, May 23, 2019.

  1. samhand

    samhand New Member

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    Hello,

    Can you help me understand what the article below is referring to? Specifically, I am trying to understand the paragraph below.

    https://seekingalpha.com/article/4265931-spy-big-drawdowns-vs-small-corrections?page=3

    Prices are measured by evaluating the slope of the 200 days moving average in SPY over the past 10 days, while earnings are measured by comparing 5 days moving average versus the 21 days moving average in earnings expectations for companies in the S&P 500. When the 5-day moving average is above the 21-day moving average, this means that earnings expectations are increasing and vice-versa.

    Questions:
    Where can I find 'earnings expectations' info? I am currently using ameritrade.
    By 'earnings expectations', does the article mean earnings per share? If yes, aren't these calculated 1/year?
     

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