So much will be written this weekend about the FOMC meeting Wednesday, but here is the snapshot of the CME fed funds future contract probabilities as of Friday, July 26th, 2019. Sure looks like we get a 25 bp … Continued
Apple may throw a life vest to the beleaguered Technology sector this week, with their fiscal Q4 ’18 financial results release after the bell on November 1, ’18. To keep tonight’s post short and sweet, here is how Apple’s EPS … Continued
The goal of the above table is to give readers some idea of how the SP 500’s EPS estimates have changed the last few months. The week of 12/22/2017 was the Friday the President signed the 2017 tax reform … Continued
https://insight.factset.com/record-number-of-sp-500-companies-issuing-positive-eps-guidance-for-2018 The above link may be the best summary of this week’s earnings “action” but Factset notes pointedly that “A record number of SP 500 companies are issuing positive EPS guidance for 2018”. Here is the Thomson Reuters data (by … Continued
A quick update on the SP earnings data in front of the long weekend: Thomson Reuters data (by the numbers, This Week in Earnings dated 12/22/17) Fwd 4-qtr est: $142.88 P.E ratio: 18.8x PEG ratio: 1.68x SP 500 earnings yield: … Continued
“its got no brain, its got no blood, its got no anima…it just keeps banging on those meaningless symbols endlessly and going and going and going…” (Dr. Oatman (Alan Arkin) to Martin Blank (John Cusack) in the 1990’s Classic, “Grosse … Continued
Here is the blog post from October 8. 2017, where Q4 ’17 was looked at initially, relative to July 1 expectations. Remember, it isn’t just the rate of change for forward estimates, but the direction, whether the revisions are upward … Continued
The expected year-over-year growth rate of the SP 500’s “forward -4-quarter” EPS finally moved over 10%, the first print over 10% since – well – quite a while. A lot of folks are talking about the “tough compares” for the … Continued
The spike in the VIX this week, brought out the various market statisticians that talked about “forward returns” around the SP 500 after such a spike, and it portends favorably for the key benchmark. That being said, if the SP … Continued
There is actually a ton of good data to write about this week, but the content will be doled out in a few separate posts. With WalMart’s earnings report due this coming week, Q2 ’17 earnings come to an unofficial … Continued