For “Fed Model” fans, a SP 500 earnings yield of 5.70% with a 10-year Treasury rate of 2.19% continues to indicate that stocks are more reasonably valued than Treasuries, from a relative perspective, but the Fed Model always needs to … Continued
The earlier posts this week on SP 500 revenue growth from Tuesday and Friday continue to reflect the positive revision pattern of higher revisions to expected forward revenue growth at a time when the typical pattern is downward pressure. That’s … Continued
Way back in late, 1999, and early 2000, the SP 500 earnings yield on the SP 500 was roughly 3.3%, using the 1999 actual EPS of the SP 500 of roughly $50 per share, and an SP 500 value of … Continued
Thomson Reuters (by the numbers): Forward 4-quarter estimate: $128.61 vs last week’s $128.56 and another sequential revision higher, which is unusual P.E ratio: 17(x) PEG ratio: 4(x) SP 500 earnings yield: 5.87% up from last week’s 5.81% Year-over-year growth of … Continued
Per Thomson Reuters, 423 of the SP 500 have posted Q3 ’16 financial results, and regardless of what you hear in the financial media, Q3 ’16 earnings are pretty solid. Q3 ’16 earnings are up 3.9%, Q3 ’16 revenue growth … Continued
While we won’t start to hear most of the energy sector results until the last week of October ’16, Schlumberger (SLB) and Halliburton (HAL) report the week after next. Exxon (XOM) and Chevron (CVX) both report October 28th, 2016 or … Continued
Little noticed this week with the seemingly never-ending selling to the SP 500, was that the SP 500 closed Friday, January 8th, 2016 at 1,922, opened Monday morning at roughly 1,900, and closed on Friday, January 15th, 2016, at 1,880.33. … Continued
The one stat that jumped out at me from this blog’s earnings update this weekend weekend was the SP 500 Earnings Yield at 6.59%, the highest print for that metric since the 2nd week of October, 2014 or the bottom of … Continued
A friend of mine was driving from Chicago to Springfield, Illinois, 4 – 5 years ago, during one of the famous Illinois winter cold-snaps, in his big, honking, 4-door Lexus, and he hit some black ice on I-57 about halfway … Continued
“Fed Model” fans are familiar with the SP 500 earnings yield, since it is the Fed Model calculation that subtracts the 10-year Treasury yield from the Earnings Yield of the SP 500 (calculated by using Thomson’s forward 4-quarter earnings estimate … Continued