The drop in crude oil this week, definitely got everybody’s attention as the SP 500 once again seems to be closely correlated with the trading of crude oil, causality or not. This blog has been telling readers to watch Q4 … Continued
The headline on this week’s Thomson Reuters “This Week in Earnings” is that SP 500 earnings are +3.6% after 300 of the SP 500 have reported their 3rd quarter, 2016, results. Ex-Energy, SP 500 have grown +6.7%. About a month … Continued
Exxon-Mobil (XOM) and Chevron (CVX) report this coming Friday, and since Energy has been the biggest drag on the SP 500 in terms of earnings growth the last two years, and Exxon and Chevron constitute the lion’s share of the … Continued
Exxon (XOM) and Chevron (CVX) are the two big giants in the Energy sector. Both companies combine for a whopping 33% weighting within the XLE (SPDR Energy ETF) and 28% weighting within the IYE (iShares Energy ETF). Of the two … Continued
This weekend, some time was spent looking at how the top 5 stocks in the SP 500 (SPY ETF) looked from an earnings and revenue growth perspective. (See above table – market data as of Friday, August 19th, and earnings … Continued
With the unofficial end of Q2 ’16 earnings season this week, with the Walmart report, investors now look forward to September’s earnings reports since we see companies with an August ’16 fiscal year-end or quarter end. That would be names … Continued
Exxon-Mobil (XOM) and Chevron (CVX) reported their 2nd quarter ’16 financial results last Friday, and the results – particularly Exxon’s – took some of the shine off the forward estimates of the Energy sector, that were in fact looking quite … Continued
By the end of this week, we will have heard from about 60% of the SP 500 in terms of Q1 ’16 financial results. How have expectations changed for Q2 ’16 and for full-year ’16 since April 1 ? Using … Continued
The Weekly Earnings Update is already done, but this comment on the Energy sector takes precedence in my opinion in terms of the weekly earnings commentary. There are a couple of reasons I think Energy remains the key to this … Continued
Since last September, ’14, the Energy sector has gotten crushed, and basic commodities have followed. When this blog post was written in May ’15, the promise to readers was that you would be kept updated on the trend in Energy … Continued