RBC's Calvasina Sees 'Healthy Undercurrents' in Earnings

The video discusses the current state of the market, focusing on the tech-centric rally and its potential to broaden to other sectors of the S&P 500. It highlights the attempts of small-cap markets to recover and examines the earnings revisions in financials and energy sectors, noting a shift from negative to less negative territory. The discussion also covers the overall recovery mode of most sectors in terms of earnings sentiment, emphasizing the strong performance of the tech sector and the healthy undercurrents in other market areas.

What is the main focus of the market rally discussed in the first section?

• Focusing solely on bank earnings

• Broadening to the tech sector

• Concentrating on small-cap stocks

• Expanding beyond the tech sector

Which part of the market is making attempts to recover according to the second section?

• Small-cap stocks

• Large-cap stocks

• Tech sector

• Energy sector

What trend is observed in the financials and energy sectors?

• Earnings are stable with no revisions

• Earnings revisions are becoming less negative

• Earnings revisions are positive

• Earnings revisions are becoming more negative

What is the general sentiment of most sectors in the S&P according to the third section?

• Stable

• Declining

• Unchanged

• In recovery mode

What does the third section suggest about the market beyond the tech sector?

• The market is stagnant

• The market is declining

• There are healthy undercurrents

• There are no positive trends