SP 500 earnings data By the Numbers (source – Thomson Reuters) Forward 4-quarter estimate this week fell to $123.06 vs. $124.53 The P.E ratio as of Friday, January 29, was 15.7(x) The PEG ratio is still 3(x) on a core … Continued
In a word, I would say, “No”. But it’s being played up in the financial media like the recent PowerBall Lottery grand prize. Could the SP 500 and Nasdaq correct 20% – 25% ? Absolutely. While perusing Twitter tonight during … Continued
With about 15% of the SP 500 having reported Q4 ’15 earnings as of Friday, January 22nd, 2016, we will have heard from about 85% of the SP 500 by Friday, February 12th, 2016, so the bulk of SP 500 … Continued
The reversal in the Russell 2000 and biotech’s today was pretty significant since these groups have been leading us lower, along with Energy, Basic Materials and Transports. These timely charts posted today by Chris Kimble of Kimble Charting Solutions tell … Continued
Little noticed this week with the seemingly never-ending selling to the SP 500, was that the SP 500 closed Friday, January 8th, 2016 at 1,922, opened Monday morning at roughly 1,900, and closed on Friday, January 15th, 2016, at 1,880.33. … Continued
The SP 500 fell 2.5% today, and is down 5% in the last week. With the SP 500 down about 7.5% YTD already, needless to say, this wasn’t the start expected to 2016. At a Chicago CFA Society luncheon today, … Continued
The one stat that jumped out at me from this blog’s earnings update this weekend weekend was the SP 500 Earnings Yield at 6.59%, the highest print for that metric since the 2nd week of October, 2014 or the bottom of … Continued
A friend of mine was driving from Chicago to Springfield, Illinois, 4 – 5 years ago, during one of the famous Illinois winter cold-snaps, in his big, honking, 4-door Lexus, and he hit some black ice on I-57 about halfway … Continued
The bullet points shows historical and projected SP 500 dollar estimates and growth rates from 2011 through 2017. 2017 est: $142.82 or +12% y/y EPS growth 2016 est: $126.91 or +8% 2015 est: $117.26 or -1% 2014 actual: $118.78 … Continued