The reversal in the Russell 2000 and biotech’s today was pretty significant since these groups have been leading us lower, along with Energy, Basic Materials and Transports. These timely charts posted today by Chris Kimble of Kimble Charting Solutions tell … Continued
A friend of mine was driving from Chicago to Springfield, Illinois, 4 – 5 years ago, during one of the famous Illinois winter cold-snaps, in his big, honking, 4-door Lexus, and he hit some black ice on I-57 about halfway … 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
Had some very positive responses to last night’s SP 500 valuation post. Thanks for the comments. A question from Leslie Lammers, CFA, founder of Riverfront Advisors asked about Q1 ’15 Revenue Growth, and what would it look like if broken … Continued
According to Thomson Reuters, “This Week in Earnings”, the forward 4-quarter estimate was $122.56, versus last week’s $123.49. The p.e ratio on the forward estimate is 17(x). The PEG ratio is 29.5(x), or Ex-Energy, just over 3(x) and still elevated. … 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
http://www.fa-mag.com/news/worst-returns-in-decades-hounding-active-stock-fund-managers-20074.html. This leadoff article details how tough a year it has been for active equity managers. Although I haven’t seen a fixed-income equivalent, I wonder how taxable bond managers are doing this year. With recurring liquidity issues and disparate volatility, you … Continued