First, for the first time in a while, the number of “positive revisions” to SP 500 estimates outnumber “negative revisions: Here’s the data and the graph: The above is a spreadsheet kept weekly on the number of positive and … Continued
A focus on the Health Care sector and historical revenue and earnings growth will come this weekend. The sector has been absolutely crushed the last few weeks. SP 500 Earnings (by the numbers): Source: I/B/E/S by Refinitiv Fwd 4-qtr est: $172.14 … Continued
Apple will report their fiscal Q1 ’19 financial results after the bell on Tuesday, January 29th, 2019. If readers look at the above table, they will see that both Apple’s EPS and revenue consensus peaked for 2019 with the October … Continued
Trading back above the downtrend line will be the 2nd major test after the SP 500 recovered it’s 50-day moving average near 2,600. The government shutdown likely took the Fed / FOMC off the table for a while in terms … Continued
The expected year-over-year growth of the SP 500 EPS estimate for 2019 has now slowed to +5.5% versus the expected +13.6% as of September 28, 2018. Looking at the change in the expected 2019 earnings growth by sector, Energy seems … Continued
Guys like Jeff Miller at NewArc Capital and Josh Brown are frequently quoted on this blog. Their research is top-notch and its also written in a way that is readily digestible for readers. Today’s piece is from Norm Conley of … Continued
This table has been posted a few times in the last 14 weeks, but to save readers the trouble, all the previous end periods are included. As of this weekend, of the Top 10 Market Cap weights within the SP … Continued
At least 22 large-cap Financials report this coming week and for clients, JP Morgan (JPM) and Charles Schwab (SCHW) are the most important. These positions aren’t really traded and have been core holdings for years, and even though the Financial … Continued
Here is a quick summary of how client’s were positioned in 2018, and what worked and what didnt: Microsoft (MSFT) remains client’s largest position and has been since 2013. A core position was kept in the stock during the last … Continued
With the 3rd quarter in the books for the most part, the 28% y/y earnings growth for the SP 500 (per IBES by Refinitiv) will be strongest rate of earnings growth for the key benchmark since – well – the … Continued