This morning’s Empire Report not withstanding, (the weakest since June, 2011 per Bespoke), while the market sentiment has firmly tilted to the bearish camp, “market breadth” is one reason to remain firmly rooted in the bullish camp. Here are two … Continued
The SP 500 closed within one point of September, 2018 all-time last Friday. You’d have to think “everyone” is watching what happens this week. I wouldn’t be surprised to see a pullback here since the SP 500 usually takes a … Continued
The weekly SP 500 earnings update: Fwd 4-qtr estimate: $168.79 vs last week’s $169.13 PE ratio: 16x PEG ratio: 4x SP 500 earnings yield: +6.23% vs last week’s +6.25% Year-over-year growth of fwd est: +3.8% vs last week’s +4.2% Source: … Continued
Readers know my appreciation of Bespoke’s work, the firm started by Paul Hickey and his crew after coming out of Laszlo Birinyi’s shop (and Laszlo published some pretty good research as well) and last Friday’s weekly “Bespoke Report” was no … Continued
Late Friday, November 17, 2017 @SentimentTrader posted this to Twitter: Interesting. Will we get the typical seasonal rally into the last 6 weeks of the calendar year ? ———————————————————————————————————- The earnings update will be out Sunday morning, November 19, 2017. … Continued