A little over half the SP 500 has reported their Q4 ’16 with 275 SP 500 components releasing results as of Friday, February 3rd, 2016. Per Thomson’s earnings date, year-over-year growth in SP 500 earnings is 8%, with revenue growth … Continued
What we bought last week: we added to the Inverse Treasury TBF, and also added to Micron Technology (MU) in small quantities on Friday, added to Whole Foods (WFM) near long-term support at $50, added to Twitter in small quantities, … Continued
Consumer Discretionary has long been a market leadership sector, representing about 12% of the SP 500 by market cap. The appeal for institutional investors is obvious: you get to own some of the world’s great brands (and growth stocks), like … Continued
No question, retail stocks have taken a total beating since late November, early December with a multitude of reasons for the decline. The sector is as now oversold as it has been in the last few years: 1.) Bad weather … Continued
One of our favorite retailers has gotten pretty beaten up of late, after WFM guided lower in their November ’13 quarterly earnings release. With their q4 ’13 release last November, WFM printed 2% revenue growth, the lowest rate of … Continued
Why we love Ryan Detrick of Schaeffer’s Investment Research. What is typical for years following a year where SP 500 was +20% ? Right here is your answer. We added to TBF (Treasury short ETF) on Friday. We like scaling … Continued
According to ThomsonReuters, the “forward 4-quarter” earnings estimate for the SP 500 fell slightly last week to $118.03, from the previous week’s $118.24. The p.e ratio on the forward estimate is now 15(x) even, a little higher than Factset’s 10-year … Continued
Whole Foods (WFM) reported another strong quarter after the close Tuesday night, and the stock price followed suit today, closing up $9 or 10% to $102 on 4(x) average volume. Revenues rose 13% year-over-year (y/y), operating income rose 20% and … Continued