Here is the historical and prospective SP 500 revenue growth per the latest IBES data: Q4 ’19: +6.4% (est) Q3 ’19: +5.0% (est) Q2 ’19: +4.6% (est) Q1 ’19: +5.0% (est) Q4 ’18: +5.1% (actual) Q3 ’18: +9.5% (actual) Q2 … Continued
That’s the $64,000 question today: will SP 500 earnings hit their trough with the Q1 ’19 earnings reports set to start in the next two weeks ? Prior to last year’s distortion of the typical quarterly earnings revisions thanks to … Continued
Tremendous article by Josh Brown today on Second Chances. Couldn’t let it pass: https://thereformedbroker.com/2019/03/21/second-chances-are-important/ ————————————————- In the 1990’s the two sectors moved together and at one point in the early 2000’s, both sectors together comprised close to 50% of the market … Continued
Source: I/B/E/S by Refinitiv Energy and Basic Materials, as well as Technology – led by Apple – have been the biggest drag on expected, full-year, 2019 earnings growth for the SP 500. Energy is the biggest drag, falling from an … Continued
One of the themes written about over on Seeking Alpha the last 10 years is the “Original (Tech) Gangsters” which represented the growth giants from the 1990’s, which includes Microsoft (MSFT), Intel (INTC), Oracle (ORCL), Cisco (CSCO) and even IBM … Continued
Here is the expected (and actual) EPS and revenue growth for the Technology sector: Q4 ’19: +11.3%, +5.6% (est) Q3 ’19:+9.6%, +5.6% (est) Q2 ’19: +5%, +4.8% (est) Q1 ’19: +6.8%, +5.1% (est) Q4 ’18: +13.8%, +5.3% (est) Q3 ’18: … Continued
Michael Batnick, Ritholtz Wealth’s Director of Research, puts up a chart that perfectly articulates the what-seems-to-be misplaced anxiety over the Technology sector these days, and the constant comparisons to Technology’s halcyon days of the late 1990’s. Apple no doubt … Continued
It might be hardly worth mentioning but looking at the data every week, it’s important to distinguish sentiment from reality and for the Energy and Tech sectors there has been a little bit of softening in Q2 and Q3 ’18’s … Continued
The Bespoke Report is – in my opinion – one of the best weekly summaries of market-related, and econ-related and investment-related topics on the Street. Bespoke, founded by Paul Hickey and his team years ago, came out of Laszlo Birinyi’s … Continued
In the weekly SP 500 Earnings update this weekend, some thoughts were given on the Technology sector’s earnings, forward growth estimates, and the influence Apple has on the sector. Readers should quickly look at this blog post from a few … Continued