SP 500 earnings are the “straw that stirs the drink” as Reggie Jackson once said about himself during one of the late 1970’s World Series runs by the New York Yankees slugger. However, revenue growth is just as important. Something … Continued
B_I_G_Tips_-_It_s_About_Time_-_Equities_Overtake_Treasuries (4) This blog has written many times about Bespoke’s quality research and this week Bespoke and Paul Hickey and his staff proved it once again with the above graph. The SP 500’s current bull market is 8 years old, … Continued
Having never owned the Emerging Markets (EM’s) in any form or fashion in the 1990’s and then staying out of the asset class between 2001 – 2007 given all the money that flowed into the asset class after Technology collapsed, … Continued
To cut to the chase, here is the chronological progression of the SP 500’s forward growth rate: 5/5/17: +9.8% 4/28/17: +8.2% 4/21/17: +8.3% 4/14/17: +8.3% 4/7/17: +8.3% 3/31/17: +6.06% 3/24/17: +8.96% To be frank with readers, I’m surprised at the … Continued
In two words, SP 500 forward earnings look “pretty good”. Per Thomson Reuters “This Week in Earnings” Q1 ’17 SP 500 earnings have grown +13.6%, but against an easy compare from Q1 ’16, with 288 SP 500 companies having reported … Continued
95 of the Sp 500 companies have reported Q1 ’17 earnings as of Friday, April 21, ’17 per Thomson Reuters I/B/E/S. By the end of this coming week, April 28, ’17, about half the SP 500 will have reported their … Continued
With Schlumberger’s (SLB) report Friday morning, the Energy sector weighting was reduced by selling the OIH. Despite very easy compare’s to Q1 ’16’s $28 – $30 crude oil nadir, there was very little “upside surprise” to the report and forward … Continued
Investors get their first look at Technology sector earnings reports this week, with Netflix, IBM, Ebay and Qualcomm reporting by the end of the week. This last week, the SP 500 traded below it’s 50-day moving average for the first … Continued
Ironic that the SP 500 and the major equity indices are correcting – with the SP 500 falling below its 5-day moving average this week – for the first time since the Presidential election, in front of what will likely … Continued
Many investors are surprised at the Q1 ’17 SP 500 earnings “expected” growth rate of 8% – 10% as the Street kicks off Q1 ’17 earnings this week. As Factset (article linked to yesterday’s blog post here) detailed this week, … Continued