By the end of this week, we will have heard from about 60% of the SP 500 in terms of Q1 ’16 financial results. How have expectations changed for Q2 ’16 and for full-year ’16 since April 1 ? Using … Continued
The above chart, cut-and-pasted from MacroTrends, is an excellent pictorial of the price of gold bullion since the early 20th Century. I was in college back in the late 1970’s, early 1980’s when gold was hitting its peak, which … Continued
In 2014, I managed to avoid the Energy sector for clients, almost entirely, owning no Energy (crude oil or natural gas) companies and selling Halliburton near $70 during the summer of 2014. Unfortunately, like a golfer that eagles one hole, … Continued
When we wrote the weekend earnings update and linkfest, Industrials were one of the more oversold sectors, and we promised an update on the group to readers. Industrial’s are roughly 10% of the SP 500 by market-cap weight. Here is both … Continued
This week, Alcoa starts off q2 ’14 earnings season on Tuesday night after the closing bell. Let me get this straight: when AA was part of the Dow 30 and led off earnings season, it mattered, but now that it … Continued
Haven’t done one (Linkfest blog) in a while, and it hasn’t really been missed, so not sure why I’m spending the time this weekend, but here goes: Great blog called “This Week on Wall Street” by Gary Morrow and his … Continued
Yesterday, was a George Costanza day (you have to be a Seinfeld fan) yesterday, as the commodity stock strength we wrote about here last week, promptly reversed and did the opposite of last week’s action. Alcoa (AA): -2.66%, remains above its … Continued
Alcoa (AA): +4.23% today on average volume Freeport (FCX): +2.89% on average volume Peabody Energy (BTU): +2.41% on 2(x) average volume US Steel (X): +3.77% on average volume KOL, the coal ETF was up 2.47% on 2(x) average volume SLX, … Continued
We were a bit disappointed in the Twitter (TWTR) quarterly earnings release this week, or rather the stock’s reaction to it. We’ve been using Twitter more and more and continue to find great insight and research on the medium from … Continued
Per ThomsonReuter’s “This Week in Earnings”, the forward 4-quarter EPS estimate for the SP 500 estimate fell $0.52 last week to $119.80, from the prior week’s $120.32. The p.e ratio on the forward estimate ended the week at 14.88. The … Continued