CNBC’s Fast Money had Tom Lee on Thursday night, who I think is an outstanding strategist, and while it was a puzzling interview (Tom was positive on all the sector that were the heaviest weights in the SP 500 like … Continued
The technicians and chart watchers are keyed on the Nasdaq 100 and the QQQ’s the last few weeks, as the index has sold off hard (not surprising given the run up the large-cap and mega-cap Technology stocks have had this … Continued
B.I.G._Tips_-_Nasdaq_100_Epic_Streak (1) With so much investment-related information data, available daily on a plethora of blogs, Twitter, not to mention the mainstream financial media, every week there is just an enormous amount of market-related data to sift through. The above chart … Continued
Thomson Reuters Data (by the numbers): (Source: This Week in Earnings, dated 6/9/17) Fwd 4-qtr estimate: $134.82 vs $134.82 from last week P.E ratio: 18(x) PEG ratio: 1.93(x) SP 500 earnings yield: 5.54% vs. 5.53% last week Year-over-year growth of … Continued
It was somewhat surprising to hear/read Larry Fink, the BlackRock CEO make a comment on Q2 ’17 earnings, although it was unclear whether he was talking Blackrock’s (BLK) results as a firm, or the economy / SP 500 in general. … Continued
As this blog post is being written on Wednesday afternoon, May 31 ’17, the Financial sector has given up all of its gains for 2017, and has under-performed the SP 500 by nearly 650 – 700 bp’s year-to-date. Charles Schwab … Continued
The Financial sector has traded quite punk since March 1, 2017, the day after President Trump’s address to the joint session of Congress. Part of this – no doubt – is a continued flattening of the yield curve, with the … Continued
2019 est: +10% 2018 est: +12% 2017 est: +11% 2016: +1% 2015: -1% 2014: +8% 2013: +6% 2012 +6% 2011:+15% 2010 +40% This blog may be out with a few sector updates over the weekend (or maybe not) but tonight’s … Continued
The earlier posts this week on SP 500 revenue growth from Tuesday and Friday continue to reflect the positive revision pattern of higher revisions to expected forward revenue growth at a time when the typical pattern is downward pressure. That’s … Continued
In the last blog post, both Q2 ’17 and 2017 revenue growth was discussed and the promise was made that Factset data would be forthcoming so readers can compare it to the Thomson Reuters data: Q2 ’17 – which sectors … Continued