Investors get their first look at Technology sector earnings reports this week, with Netflix, IBM, Ebay and Qualcomm reporting by the end of the week. This last week, the SP 500 traded below it’s 50-day moving average for the first … Continued
Here is a longer look at the annual SP 500 EPS prints since 2014: 2018: $148.59: or +12% y/y growth (est. per Thomson Reuters I/B/E/S) 2017: $132.65 or +12% expected y/y growth (est. per Thomson Reuters I/B/E/S) 2016: $118.01 or … Continued
Per Thomson, we’ll hear from 91 companies this coming week, in terms of 2nd quarter, 2016 earnings releases. Microsoft (MSFT), Intel (INTC) and IBM (IBM) interest me from the “old tech” perspective. Microsoft and IBM are doing a better job … 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
Maybe better title’s for this blog post could be, “Why Apple’s Relative Strength is Key to this Market “, or “Could a Fed Policy Change Herald New Stock Market Leadership ?” In 2011 and 2012, the only two stocks you … Continued
The most striking aspect to the SP 500 since July 1 is the performance differential between “Growth” and “Value” within the SP 500 and really, within mid-caps and small caps too. The drubbing biotech took this week may start to … Continued
The surprising aspect to the many Financial stocks that reported Q2 ’15 earnings this week, is that many beat on revenue, meaning actual revenue for the quarter, exceeded the Thomson Reuters consensus estimate for the quarter. By the numbers: Forward … Continued
Per Thomson Reuters, the forward 4-quarter earnings estimate rose this week to $122.03, from last week’s $122.01. The P.E ratio on the forward estimate is 17.3(x) The PEG ratio is still negative. The SP 500 earnings yield fell to 5.78% … Continued
Per Thomson Reuters, “This Week in Earnings” the forward-quarter estimate for the SP 500 this week was $123.49 versus last week’s $123.61. The P.E ratio on the forward estimate was 17.0(x). The PEG ratio is still WAY elevated at 27.61(x), … Continued
In yesterday’s SP 500 Weekly Earnings Update, I tried to lay out the case for Technology and Industrial’s overweights, while quantifying the drag that the Energy sector was having on SP 500 forward earnings estimates. The question on just how much … Continued