I wanted to post this data just to show how sector earnings data can be useful. from Thomson and Factset, and how forward estimates can be impacted by M&A. Here is the spreadsheet detailing the trends in revenue and forward … Continued
At breakfast this morning, while perusing John Butter’s weekly Factset missive on Sp 500 earnings, John noted that the expected q4 ’14 earnings growth rate for the key benchmark is now nearing the post-2009 low that we saw in q3 … Continued
Jon Najarian, from OptionMonster with a good read found on Twitter, on crude oil volatility or the OVX. With crude trading right through $60 on Friday, many pundits think $50 is the next stop. What intrigues me is that names … Continued
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
Per Thomson Reuter’s This Week in Earnings, the forward 4-quarter estimate for the SP 500 rose to $126.34 this past week, $0.06 higher than last week’s $126.28. The p.e ratio on the forward estimate as of Friday, 9/5/14 was 15.9(x), … Continued
Q2 ’13 earnings are thought to officially conclude this week, with WalMart’s fiscal q2 ’14 financial results due out before the bell on Thursday morning, August 15th. As of Friday, roughly 450 of the SP 500 have reported q2 ’13 earnings, … Continued
Yesterday, we posted an ugly daily chart on the Dow Jones Utility Average. Today, we look at the “monthly” Utility chart, and note when the Fed raised rates historically, i.e. 1994 and 1999 – 2000. In 1994, the DJ Utility … Continued