Forward SP 500 Earnings Look Very Good

Let’s run through the weekly earnings data from Thomson Reuters I/B/E/S: Forward 4-quarter estimate: $138.42 P.E ratio: 17.9(x) PEG ratio: 1.83(x) SP 500 earnings yield: +5.59% Year-over-year growth rate of the forward estimate: +9.75% vs last week’s +9.21% Tracking the … Continued

Dollar Is Very Stretched

Good chart from Chris Kimble’s technical analysis service. The sustained dollar weakness has been one of the surprises to 2017. I cant help but think at least some of it has to do with the inability of Treasury yields to … Continued

Market Cap Matters in Earnings Season

With the latest earnings update last week, it wasn’t noticed until post-publication, that only two of the eleven sectors of the SP 500, actually had “greater-than-benchmark” expected earnings growth. Here is last weekend’s link. Technology earnings are expected to grow … Continued