Two items read this week, were a little worrisome: 1.) Liz Ann Sonders, Schwab’s great strategist, posted this to Twitter on Thursday: During most of this secular bull market, sentiment has been a mixed bag with the AAII data … Continued
Everyone and their brother is commenting on q2 ’17 SP 500 earnings results, and the numbers so far look good. Revenue “upside surprise” (i.e. the revenue “beat rate”) is north of 60%, probably aided somewhat by the very weak dollar … Continued
The big news this week was the Treasury market and the rise in yields, but more on that in a minute. With 488 companies having reported Q4 ’16 earnings already, there is little left to know, and instead we look … Continued
Per Thomson Reuters, with 455 of the SP 500 having already reported their Q3 ’16 financial results, SP 500 earnings have grown 4.1% year-over-year, while excluding Energy, the SP 500 earnings have grown +7.7%. This is pretty good earnings growth … Continued
Apple and biotech’s, the SP 500’s leadership for years, is what you should be keeping an eye on. The weakness in Apple, or maybe better said, the under-performance of Apple, and the relative weakness matters. With the strong rally we … Continued
By next Friday, October 2nd, 2015, readers will know what the September ’15 jobs report looked like, and what the new “forward 4-quarter” estimate is, for the SP 500. Primarily because of the nature of capitalism, and expense control, there … Continued
According to Thomson Reuter’s This Week in Earnings, the forward 4-quarter EPS estimate for the SP 500 fell $0.25 this week to $126.33, versus last week’s $126.58. The p.e ratio on the forward estimate given the 1.71% SP 500 rally is … Continued
Last weekend, in our Weekly Earnings Update here, we noted the strength in SP 500 earnings was coming from Technology and Healthcare. Thanks to Gregg Harrison of Thomson Reuters, T/R provided us with some color on the HealthCare sector. Here … Continued