First, let’s get to the SP 500 Earnings metrics missed this weekend: Fwd 4-qtr est: $171.52 vs $171.47 PE ratio: 16.7x PEG ratio: 3.63x SP 500 earnings yld: 5.97% vs. last week’s 6.23% Y/y growth of Fwd est: +4.7% vs … Continued
A reader asked about Sector P.Es a few weeks ago – haven’t updated the above spreadsheet in a few years: Financials – big jump in earnings growth rate, but i do think a lot of that is Berkshire’s gain. … Continued
This blog post (see link) was written last December, 2017, and given tax reform and the hefty 6% return for the SP 500 in January, 2018, I thought a refresher might be in order. Since Thomson doesn’t publish annual revenue … Continued
There has been little mystery to what has worked this year, with the Technology sector within the SP 500 up over 30% on the year and large-cap growth returning in the low 20% range, YTD. This year, not so unusually, … Continued
The big banks start reporting their Q3 ’17 earnings tomorrow, Thursday, October 12th, 2017 and regardless of what the results look like for JP Morgan (JPM), Citigroup (C) or the Friday releases, I do like the sector longer-term for clients … Continued
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