Per ThomsonReuters, “This Week in Earnings”, the forward 4-quarter earnings estimate for the SP 500 fell $0.15 last week to $115.71. from the prior weeks $115.86. Despite the continued worries by the financial media over “retail earnings” (and for whatever … Continued
The forward 4-quarter EPS estimate for the SP 500 fell $0.03 this week to $115.86, from last week’s $115.89. The p.e ratio on the forward estimate is 14.3(x), which is closer to the high-end of the p.e range for the … Continued
Per ThomsonReuters, “This Week in Earnings”, the forward 4-quarter estimate for the SP 500 slipped $0.06 last week to $115.89, from last week’s $115.95. The p.e ratio on the forward estimate is now 14.3(x). The earnings yield is now back … Continued
GE is looking better from a technical perspective, which is a positive given the dramatic underperformance of the stock from its December, 2000, peak at $60 per share. After the July ’13 2nd quarter earnings report, ThomsonReuters estimates for earnings … Continued
Q2 ’13 earnings are thought to officially conclude this week, with WalMart’s fiscal q2 ’14 financial results due out before the bell on Thursday morning, August 15th. As of Friday, roughly 450 of the SP 500 have reported q2 ’13 earnings, … Continued
Microsoft: The first chart is Microsoft, which fell from $36 to $31 per share following the disastrous fiscal 4th quarter for Softee, thanks to a $900 ml write-down of Surface tablets, which cost the software giant $0.07 per share of … Continued
Here are two charts of municipal bond closed-end funds (CEF’s) that we’ve been buying the last two weeks, buying first the Blackrock Muni Enhanced CEF (ticker MEN) and then adding the Nuveen Municipal Value closed-end fund (ticker – NUV) last … Continued
Q3 ’12, earnings growth for the SP 500 was just 0.1%, the lowest year-over-year growth for the SP 500 since the 2nd quarter of 2009. In my opinion, Q3 ’12 really marked the end of the huge productivity boom off … Continued
On top, is the weekly chart of the 10-year Treasury yield, (not price) bumping its head against key resistance in the form of the 200-week or roughly 4-year moving average for the key Treasury security. The 2nd chart is the 30-year … Continued