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