With the latest earnings update last week, it wasn’t noticed until post-publication, that only two of the eleven sectors of the SP 500, actually had “greater-than-benchmark” expected earnings growth. Here is last weekend’s link. Technology earnings are expected to grow … Continued
Investors get their first look at Technology sector earnings reports this week, with Netflix, IBM, Ebay and Qualcomm reporting by the end of the week. This last week, the SP 500 traded below it’s 50-day moving average for the first … Continued
Many investors are surprised at the Q1 ’17 SP 500 earnings “expected” growth rate of 8% – 10% as the Street kicks off Q1 ’17 earnings this week. As Factset (article linked to yesterday’s blog post here) detailed this week, … Continued
The following table from Thomson Reuters shows the current market cap weighting of each of the 11 sectors of the SP 500. EARNINGS Sector MCap 17Q1 17Q2 17Q3 17Q4 18Q1 Cons Disc 12.3% 10.5% 11.4% 11.1% … Continued
Ryan Detrick of LPL Financial (@ryandetrick post here), UKarlewitz of Fat Pitch fame (@ukarlewitz here), and Charlie Bilello over at Pension Partners (see here) (mentioned in no particular order) all noted on Twitter this past week, that with the first … Continued
Since probably late November, ’16, there has been a plethora of pundits appearing in the mainstream financial media, telling investors to wait for a pullback before buying the Financial sector. However, like the “treading of water” the SP 500 did … Continued
Here was the forecast for Q3 ’16 at the start of Q4 ’16. Per Thomson Reuters, which is my primary earnings data provider, actual Q3 ’16 earnings grew 4.3%, but Ex-Energy, SP 500 earnings grew 7.9%. Pretty good growth. For … Continued
A couple of corrections for readers: Q3 ’16 Sp 500 earnings are up +3%, and NOT +3.6% as was detailed in yesterday’s headline; In the October 2nd blog post linked yesterday, this sentence, “If we add or average the Thomson … Continued
Per the Thomson Reuters data, here is how the Technology sector’s expected quarterly growth rate has changed over the last few weeks: Q1 ’17: +14.6% vs +14% as of July 1 ’16 Q4 ’16: +4.7% vs +4.2% as of July 1 … Continued
Looking at the change in “expected” sector growth rates for Q2 ’16, Technology is the clear winner, and the fact is Apple has a lot to do with that. No question the big dog in the yard, has made his … Continued