We kickoff the 4th quarter, 2012 Monday morning, with the S&P 500 up about 15% year-to-date, much higher than a lot thought possible this year, given the “macro” environment. Per one source, even for an election year, the S&P 500 is … Continued
While most market watchers were expecting q3 ’12 to be a repeat of q3 ’10 and q3 ’11, in fact it surprised everybody, with the S&P 500 returning 6% this quarter, after q1 ’12’s 12% return. The problem the Street … Continued
Due to some pressing matters, the blog post will be short and sweet this weekend. The “forward 4-quarter” earnings estimate for the S&P 500 as of Friday, was $108.00 even, versus a slightly lower number last week, as the forward … Continued
Originally, this blog was intended to be dedicated to commentary and analysis of corporate earnings, particularly S&P 500 earnings, as detailed by ThomsonReuters, but in fact – in times like the last few weeks, and probably until mid-October – the outlook … Continued
What a week for the major US stock markets (and China, but more on that in a minute), as the S&P 500 took out multi-month resistance, at 1,422 – 1,424 and closed the week up 2.75% to close at 1,437.92. … Continued