Bernie Schaeffer’s – Schaeffer’s Investment Research – “Despondent Survey” is at an interesting level: From talking to clients and reading comments on Seeking Alpha, most are still bearish on “expected forward returns” for the SP 500, and to me … Continued
About 10% of the SP 500 will report next week, and 24 of those 52 scheduled reports will be Financial companies. Here is the SP 500 Earnings data by the numbers: (Source: IBES by Refinitiv) Fwd 4-qtr est:$174.68 vs $174.87 … Continued
Source: IBES by Refinitiv sector data Here is the historical EPS and revenue growth by sector for the SP 500, which helps us compare and contrast what went on in late 2015, early 2016, with today’s growth rates (or … Continued
Dr. David Kelly and his team at JP Morgan put together – each quarter – one of the best capital market, economic and portfolio management summaries on the Street in the form of JP Morgan’s, “Guide to the Market”. This … Continued
As we rolled into the new quarter this week, the period for measuring the “forward 4-quarter estimate” rolled forward from Q2 ’19 through Q1 ’20, to Q3 ’19 through Q2 ’20. That means the “forward 4-quarter” estimate rolled from last … Continued
Because of the cacophony of “overvaluation” cries, it always pays to watch where the momentum is in the equity markets versus what is lagging. This style-box analysis and rotation is another way to manage market risk. Large-cap growth is … Continued
My own opinion is that the SP 500 and the US equity market remain in a “secular” bull market that begin in either March, 2009, or April, 2013, when the SP 500 traded over – and stayed above – the … Continued
Well the additional tariffs – if they happen – will impact the forward estimates, but expectations coming into the start of the 2nd quarter earnings in two weeks are really as low as they have been in years. The headlines … Continued
Attached is a weekly chart of Schwab (SCHW), clients 2nd largest holding behind Microsoft, and a mutual fund firm with $3.5 – $4 trillion in assets under management, assets greater than Goldman Sachs, Morgan Stanley and a host of … Continued
This daily chart shows the 3 peaks and subsequent corrections in the SP 500 since late January ’18, and now with the SP 500 closing the week at a new all-time-high (ATH) (the May 3rd ATH was 2,945), a … Continued