2019 est: +10% 2018 est: +12% 2017 est: +11% 2016: +1% 2015: -1% 2014: +8% 2013: +6% 2012 +6% 2011:+15% 2010 +40% This blog may be out with a few sector updates over the weekend (or maybe not) but tonight’s … Continued
To cut to the chase, here is the chronological progression of the SP 500’s forward growth rate: 5/5/17: +9.8% 4/28/17: +8.2% 4/21/17: +8.3% 4/14/17: +8.3% 4/7/17: +8.3% 3/31/17: +6.06% 3/24/17: +8.96% To be frank with readers, I’m surprised at the … Continued
In two words, SP 500 forward earnings look “pretty good”. Per Thomson Reuters “This Week in Earnings” Q1 ’17 SP 500 earnings have grown +13.6%, but against an easy compare from Q1 ’16, with 288 SP 500 companies having reported … Continued
95 of the Sp 500 companies have reported Q1 ’17 earnings as of Friday, April 21, ’17 per Thomson Reuters I/B/E/S. By the end of this coming week, April 28, ’17, about half the SP 500 will have reported their … Continued
Technology was the clear winner in Q1 ’17 according to this link from Ed Yardeni (dated 3/30/17) YardeniSP500perf’17YTD33117, with the SP up roughly 6% on the quarter. Financials were white hot after the election last November, while Tech remained punk through … Continued
Year S&P 500 Ex-Energy Energy % 2014 118.78 113.77 4.2% 2015 117.46 104.89 10.7% 2016 118.32 117.36 0.8% Source: Thomson Reuters I/B/E/S The current estimate for 2017 as of this weekend is $131.07, which is 11% expected SP 500 … Continued
The API data last night, and the EIA data this morning both showed a build in crude inventories which sent crude oil down 4% – 5% today (despite the shortfall in gasoline inventory) and also sent the XLE, IYE and … Continued
Thomson Reuters I/B/E/S Data by the numbers: Forward 4-quarter estimate: $131.39 versus $131.50 last week P.E ratio: 18(x) PEG ratio: 2.3(x) SP 500 Earnings Yield: 5.59% vs 5.68% from prior week Year-over-year Growth of Forward estimate: 7.93% vs last week’s … Continued
Updating this article from the last week of December, 2016 and this article from early, 2017, here is an update to the three favored sectors as Q4 ’16 earnings season began: FC – sectorupwardrev122516 (The spreadsheet is dated 12/25/16, but the … Continued
The top three sectors that are expected to offer strong results with potential “upside surprises” for Q4 ’16: Energy Technology Financials Energy should have the best “upside” in terms of Q4 ’16 earnings growth simply because I suspect the Energy … Continued