Robbert Van Batenburg

Robbert Van Batenburg: Van Batenburg, director of market strategy at brokerage Newedge Group SA in New York , has discovered several companies whose stock prices havent followed large decreases in their earnings estimates. Thats not the way its meant to work in these efficient markets of ours, where the P and the E are supposed to move together like a well-choreographed pair of dancers , according to Bloomberg. Heres one that is even more pronounced. First Solar Inc. FSLRs first-quarter earnings estimates have declined by about a third since January while its stock price has grown by a third and Theres a mystery brewing in the stock market that Robbert Van Batenburg would like to tell you about. Heres an example: The average earnings estimates for News Corp.s fiscal third quarter ended in March have fallen about 50 percent over the last three months while its stock price is about the same. The mystery of why some companies call the January-March period the third quarter will have to wait for another day. . Related: Technology IPOs Face Skittishness as Market Momentum Slips SaP 500 Drops Most in 2 Months as Tech Selloff Resumes Opinion: What You're Hearing Is Market Noise (news.financializer.com). As reported in the news.