This pattern was noted a couple of times in the last week on Twitter so I thought Callum Thomas’s chart should be highlighted or readers: The quarter is half over as of Friday. The final 6 weeks of the … Continued
It’s not just the China trade talks, and the Fed’s interest rate hikes that are making investors nervous. Duplicating the process from last night’s post here let’s have a look at GE’s and Goldman’s 2019 EPS estimates and their trend: GE: … Continued
WalMart (WMT) officially ends the Q3 ’18 earnings season this week, with their report Thursday morning. Looking ahead to next year and to answer the headline question directly, “Not Much” is probably the best answer. Let’s look at the data: … Continued
Apple does not report until Thursday, November 1 ’18, but the smartphone giant is the big dog in the Technology sector after the creation of the Communications sector. Per David Aurelio of Refinitiv IBES, Apple’s EPS weight within the Tech … Continued
Looking at overall SP 500 estimates for the 3rd and 4th quarters of 2018: Q3 ’18: As of 10/5/18: +21.5% y/y growth expected for SP 500 EPS As of 10/1/18: +21.6% y/y growth expected for SP 500 EPS As of … Continued
An excellent technician, Gary Morrow, as well as a long-time acquaintance, with his TLT chart from 10/1/18. The 3.12% and 3.25% area continue to be strong resistance for the 10-year and 30-year Treasury respectively. When those levels break though, … Continued
Looking at all the data this past week, the metric that jumped out was the 15 basis point climb in the 10-year Treasury yield from 2.85% to 3% even as CPI came in softer-than-expected. Thomson had Oracle reporting this past … Continued
With next weekend being the anniversary of the Lehman bankruptcy, this coming week the financial media will likely be flooded with stories, recollections, “the wisdom of hindsight” type of reflection (and it’s starting already), that is helpful in not repeating … Continued
Updating the weekly numbers: (Thomson Reuters) Fwd 4-qtr est: $169.21 vs last week’s $169.13 P.E ratio: 17x PEG ratio: 0.77x SP 500 earnings yield: 5.83% vs last week’s 5.88% Year-over-year growth of fwd est: +22.39% vs last week’s +22.20% With … Continued
https://www.nuveen.com/bob-doll-weekly-commentary The above link is to Bob Doll’s research piece found on Twitter on 8/24/18 and in the Nuveen research commentary, Bob wonders if “corporate” earnings will weaken in the 2nd half of 2018. From an analytical perspective, and just … Continued