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
The above was cut-and-pasted from Friday, June 8th’s “This Week in Earnings” and the table shows how SP 500 expected earnings growth has tracked by sector since Jan 1 ’18. Q2 ’18 will obviously benefit from tax reform and … Continued
With the first quarter expected to end Thursday night, March 29th, 2018, given the stock and bond markets will be closed for Good Friday, the SP 500 could end the first quarter with a negative return despite the large upward … Continued
Every so often, readers are updated on the SP 500’s sector rankings in terms of market cap weight and earnings weight. What surprised me more than Tech’s 25% weighting currently (versus its all-time-high of 33% weighting in March, 2000) … Continued
Longtime readers that pay attention to SP 500 earnings know that the typical pattern for the “forward 4-qtr estimate” is that its high print usually occurs the first week of every quarter as the trailing quarter falls off and the … Continued
This blog post (see link) was written last December, 2017, and given tax reform and the hefty 6% return for the SP 500 in January, 2018, I thought a refresher might be in order. Since Thomson doesn’t publish annual revenue … Continued
Q4 ’17 earnings start tomorrow with the big banks, and the question always is,”what will be the actual SP 500 earnings growth rate relative to the expected 11% y/y growth this quarter ?” Jeff Miller, the great blogger over at … Continued