Apple had a nice bounce after Tuesday’s earnings report, with the stock trading right up to the downtrend line at $104 – $106. Just to close the loop for readers from last week’s Apple earnings preview, and finish the “forward … Continued
July ’16 was a good month for the SP 500, with the main benchmark rising 3% – 4%. The Technology sector led the way, rising roughly 7%. ——————————————————————– SP 500 Earnings Data (by the numbers, courtesy of Thomson Reuters): Forward … Continued
Apple reports their fiscal Q3 ’16 after the closing bell on Tuesday, July 26, 2016, with Street consensus looking for $1.38 on $42.1 billion in revenue for expected year-over-year (y/y) declines of 25% in EPS and 15% in revenue. Operating … Continued
Apple’s importance to the overall stock market has long been known, with the stock (AAPL) being roughly a 3% market cap weight in the SP 500 and 1.6% of the SP 500’s total revenue. If we look strictly at the … Continued
Per Thomson, we’ll hear from 91 companies this coming week, in terms of 2nd quarter, 2016 earnings releases. Microsoft (MSFT), Intel (INTC) and IBM (IBM) interest me from the “old tech” perspective. Microsoft and IBM are doing a better job … Continued
Outside month ? See SeeItMarket here. (Read the last half of page 2 – June 30th – to cut to the chase.) Outside Year ? See Josh Brown via SeeItMarket here. Both of these articles are pretty bullish. The point … Continued
And that is the $64,000 question. The SP 500 stopped inches short of the record close from May 21 ’16 of 2,130.82. The first 6 months of 2016 have seen a powerful recovery in commodity prices, which should alleviate the … Continued
An oft-used analogy for many circumstances, “Waiting For Godot” seems the perfect analogy for the anticipated faster earnings growth from the SP 500, which we have yet to see. My apologies to all, since I haven’t read the play since … Continued
“Sometimes it is good to have reminders of the mistakes you’ve made.” Brian Bosworth, “The Boz”, ESPN’s 30-for-30 —————————————————————————————— If there is one trade that I haven’t done a good job for clients with off the ’09 low, it has … Continued
Energy and Basic Mat are just 10% of the SP 500, but commodities as an asset class have been at the bottom of the asset class return table for the last 5 years. However that began to change in February … Continued