While (thanks to Bespoke) much of the Street and the financial media have picked up on the mega-cap concentration within the SP 500, with the top 5 names now being 17.3% of the SP 500’s total market cap, per … Continued
Apple (AAPL), Facebook (FB) and Microsoft (MSFT) report their December, 2019, quarter this week, and given the importance of the stock’s to the indices, the results will be closely watched. 141 SP 500 components are expected to report their Q4 … Continued
When you finally realize you’re really, really, old: Moved out of Chicago in 2019, to the western suburbs, near where i went to high school. As a workout fanatic, joined the local UFC GYM for both brazilian jiu jitsu and … Continued
According to the Chicago Merc’s fed funds futures contract there is a 98% chance that the new fed funds range will be 1.50% – 1.75% which would obviously be a 25 basis point reduction in the FOMC’s fed funds target. … Continued
Thanks to Jeff Miller (www.dashofinsight.com) for including this blog in his latest post. Jeff notes that the Friday, 11/1/19 nonfarm payroll report could see 75,000 less jobs thanks to the GM strike. Street consensus is expecting 80,000 to 100,000 “net … Continued
This weekly chart of Apple shows that – while the stock has had a nice bounce since the December ’18 lows, it remains well below its all-time-high from the 3rd quarter of 2018 near $230. Here is the trend in … Continued
Here is the historical and prospective SP 500 revenue growth per the latest IBES data: Q4 ’19: +6.4% (est) Q3 ’19: +5.0% (est) Q2 ’19: +4.6% (est) Q1 ’19: +5.0% (est) Q4 ’18: +5.1% (actual) Q3 ’18: +9.5% (actual) Q2 … Continued
Bank of America upgraded Apple this morning, sending the stock up $4 – $5 in the first good day for the US equity indices in a week. However, let’s take a look at the forward EPS and revenue revisions: First, … Continued
Here is an updated table on Apple’s 2019 and 2020 EPS and revenue estimates following their earnings report: Is Apple acting as a drag on the SP 500 earnings estimate ? * Fwd 4-qtr estimate: $169.13 vs $170.01 from last … Continued
Here is a quick summary of how client’s were positioned in 2018, and what worked and what didnt: Microsoft (MSFT) remains client’s largest position and has been since 2013. A core position was kept in the stock during the last … Continued