Being overweight Technology and Financial’s for clients like the Yin and Yang of investing. Airlines, the Energy sector, cruise lines, casino’s and gaming, all the problem children were avoided this last bull market. All but the Financials – with clients … Continued
As this blog post is being written on Wednesday afternoon, May 31 ’17, the Financial sector has given up all of its gains for 2017, and has under-performed the SP 500 by nearly 650 – 700 bp’s year-to-date. Charles Schwab … 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
Leon Cooperman phoned in to CNBC’s Halftime “Fast Money” show about 3-4 weeks ago, and the one comment that stuck with me was “This isn’t my Father’s stock market”. It was a telling comment from one of the Street’s great … Continued
SP 500 earnings data By the Numbers (source – Thomson Reuters) Forward 4-quarter estimate this week fell to $123.06 vs. $124.53 The P.E ratio as of Friday, January 29, was 15.7(x) The PEG ratio is still 3(x) on a core … Continued
Briefing.com has a decent earnings calendar and carries more prospective earnings reports than the SP 500. According to Briefing’s table, 74 companies reported earnings this past week: Beat consensus estimates: 41 Met consensus estimates: 13 Missed consensus est: 20 Here … Continued
Per Thomson Reuters, the “forward 4-quarter” estimate this week fell slightly to $126.48 from last week’s $126.64. The metrics as of 11/21/14’s close: SP 500: 2,063.50 P.E ratio: 16.3(x) PEG ratio: 2.15(x) SP 500 Earnings Yield: 6.13% down from last week’s … Continued
Per Thomson Reuters, This Week in Earnings, the forward 4-quarter estimate for the SP 500 closed this week at $126.77, versus last week’s $127.04. After the 70 bp increase in the SP 500 this week, the p.e ratio using the … Continued
We are late reporting the latest our SP 500 earnings update since I spent 2 days last week (Friday and Saturday) fishing one of a handful of lakes where “they” expect the next world record musky to be caught. Unfortunately, I … Continued
By the time most readers might get to reading this, the Fed’s September meeting minutes will be released (due in 75 minutes) and Alcoa will have released its q3 ’14 financial results, due after the bell tonight. The market sentiment … Continued