Before trading has opened today on February 27th, the SP 500 is slated to be up sharply from the 1,782 close on Jan 31, today’s pre-market trade of 1,838. That leaves us with a 3% gain in February and a slight … Continued
One of the best tweets of the week, from Josh Brown (naturally) who linked this Harvard study noting that for individual investors, returns are “extrapolative”. Explained another way years ago by a fellow contributor to TheStreet.com, Gary Dvorchak, individual or … Continued
JPM’s US Equity and Earnings Insights: We should have had this on the weekend earnings update, published yesterday, but Joe Tanious of JP Morgan’s Market Insights Group published a piece on “A Look at US Equities” on 10/28, talking about … Continued
The “forward 4-quarter” earnings estimate for the SP 500 is as of April 5th, 2013, $115.25, a record high for the key benchmark. The SP 500 is trading at 13.5(x) that forward estimate. The earnings yield on the SP 500 … Continued
2012 will likely go into the history books as a pretty good year, with the S&P 500 up roughly 12% year-to-date, although that could change dramatically with Monday, December 31’s trading action, given the events in Washington. (As this is … Continued