What looks like a long-term breakout on the chart is not. The all-time-high on September 26th, 2011, was $185.85 for the GLD ETF. Today’s trade was close to $185.85 but as of 1 pm central time, it doesn’t look like … Continued
The constant focus on SP 500 earnings often overlooks the importance of SP 500 revenue. The same quality analysis of SP 500 earnings by IBES data by Refinitiv, doesn’t always extend to SP 500 revenue. Readers of Refinitiv data reports … Continued
The week ended February 15th, 2020, saw the SP 500 earnings yield slip to 5.20%, which as was noted on this blog here, was worth watching. The recent multi-year high for the SP 500 earnings yield was 7% during Christmas … Continued
The SP 500 earnings yield has retreated again down to close to 5% at 5.20%. This level is always worrisome. Here is the article from last December ’19 on the low SP 500 earnings yield. ————— SP 500 Earnings data … Continued
Financials start the Q4 ’19 earnings season this week, which is typical each quarter, as Financial’s start reporting and mostly finish reporting before the rest of the SP 500 does their quarterly duty. The other interesting (and mostly irrelevant) fact … Continued