Big week for Financial stocks nect week, so if there are changes to come in forward SP 500 earnings estimates, it will likely start beginning Monday or Tuesday, July 13th or 14th, 2020. For now though, and to get an … Continued
As the mainstream business media like CNBC and Bloomberg keep pointing out, the similarities to today’s SP 500 and the late 1990’s are unmistakable: the incredible out-performance of Tech as the top SP 500 weight, the vortex it has created … Continued
This Bespoke graph from the July 2, 2020 weekly Bespoke Report, shows the SP 500 having it’s best 100-day return since 1933. The bull / bear debate requires a separate post, but this set-up is actually a little bearish … Continued
With the rolling into the new quarter on Thursday, July 1 ’20, the standard bump in the “forward 4-quarter estimate” occurred with the publication of Refinitiv’s “This Week in Earnings” as the forward 4-quarter estimate now covers Q3 ’20 through … Continued
Yes, you read that headline right. The stock is down from $270 in January ’18 to $135 today or 50% in the last 2.5 years. The top was cut off on the above chart showing the FDX ticker, but … Continued
Ed Yardeni made a nice call on expected calendar 2020 SP 500 EPS, estimating $120 – $125, and sure enough the IBES by Refinitiv data has settled in right around $125 for the full 12-months of 2020. The most … Continued
Next week, readers will see the “quarterly bump” in the forward 4-quarter estimate with the key metric expected to rise from the $127.98 this week to the low $140 area as the forward estimate period will cover Q3 ’20 through … Continued
David Aurelio of Refinitiv is doing an earnings conference call tomorrow, i.e. Wednesday morning, June 24th, 2020 at 11:00 am central time. Search the Refinitiv website or David Aurelio’s blog for the details. This blog’s source earnings data comes from … Continued
Many thanks to Jeff Miller at www.dashofinsight.com for picking up yesterday’s SP 500 Earnings Update post on his blog this weekend. ———————– So much of the mainstream financial media focuses on the stock market, and yet the corporate bond markets, … Continued
Here’s a quick rundown of the weekly stats: SP 500’s “Forward 4-quarter estimate” ended this week at $128.34 vs $128.45 Remember on July 1 the forward estimate will “roll” from the period covering Q2 ’20 to Q1 ’21, to Q3 … Continued