SP 500 Earnings Yield at 6.88%
The SP 500 Earnings Yield is at 6.88% as of Thursday, December 20th, 2018. The 6.88% level is now above the highs from the 2015 – 2016 correction but still well below the 8% – 9% hit during the 2011 … Continued
HYG
The 2008 Mortgage/Financial/Banking Crisis Changed Everything
Talking with my yoga instructor this week about the market – she does one-on-one yoga sessions with many CME traders and hedge fund types – and while explaining I really wasn’t a trader for my clients, but more of a … Continued
Thinking about Asset Allocation in 2017
“With all thy getting, get understanding” (Proverbs 4:7) My first job real job in the investment business was as a municipal credit analyst back in early 1990 for Clayton Brown & Associates, a small, regional broker-dealer here in Chicago, and … Continued
Big Jump in SP 500 “Forward 4-Quarter EPS Growth Rate” / SP 500 Earnings Yield over 6%
It was one year ago almost exactly the SP 500 was in the midst of a powerful rally, after the China yuan devaluation, that started late July, 2015. The rally started on “nonfarm payroll Friday” in early October ’15, with … Continued
SP 500 Weekly Earnings Update: Bullish for Next 2 Quarters, Election Notwithstanding
Let’s take a quick look at revisions within the SP 500. fc-eps-estimate-revisions Hopefully this spreadsheet, which has been updated weekly for years, is helpful to readers. Note how just within the last week, 412 of the SP 500 companies have … Continued
SP 500 Earnings: Ultimately, Technology and Financial Sectors Will Drive the SP 500
Outside month ? See SeeItMarket here. (Read the last half of page 2 – June 30th – to cut to the chase.) Outside Year ? See Josh Brown via SeeItMarket here. Both of these articles are pretty bullish. The point … Continued
SP 500 Weekly Earnings Update: Can the “4 Drags” on SP 500 Earnings Start to Diminish ?
On the week, the SP 500 fell a whopping 3 points to 2,096 this week from last week’s 2,099. And last week’s close of 2,099.13 was almost the exact same as the prior week’s 2,099.06 close. Here is the progression … Continued
12.10.14: Is AT&T (T) Now a Bond Substitute ?
AT&T (T), fell 3% yesterday on nearly 3(x) average volume, after Verizon (VZ) warned about increased churn and margin pressure in its wireless business, which promptly dropped VZ 4% on Tuesday on nearly 3.5(x) average volume. A small position in VZ was sold … Continued
9.11.14: Evaluating Bond Market’s Liquidity Risk – the Silent Killer
High blood pressure is widely known as “the silent killer” for good reason. This blog post is a continuation of our blog post from 8/5/14 on liquidity in the bond markets. Today as an RIA managing individual investor money, and … Continued
8.9.14: Surveying the Blog and Twittersphere – Articles We Found Interesting
We haven’t done a Linkfest in a while. Tadas Viskanta’s “Abnormal Returns” is the gold standard amongst the blog distributor’s, but our goal is not to compete with or even try and emulate Tadas’s regular product. Instead the goal is … Continued