A couple of corrections for readers: Q3 ’16 Sp 500 earnings are up +3%, and NOT +3.6% as was detailed in yesterday’s headline; In the October 2nd blog post linked yesterday, this sentence, “If we add or average the Thomson … Continued
The headline on this week’s Thomson Reuters “This Week in Earnings” is that SP 500 earnings are +3.6% after 300 of the SP 500 have reported their 3rd quarter, 2016, results. Ex-Energy, SP 500 have grown +6.7%. About a month … Continued
Exxon-Mobil (XOM) and Chevron (CVX) report this coming Friday, and since Energy has been the biggest drag on the SP 500 in terms of earnings growth the last two years, and Exxon and Chevron constitute the lion’s share of the … Continued
Here is an interesting trend in HealthCare sector earnings growth revisions: Q3 ’17: +12.3% on 10/14 vs +12.0% as of October 1 Q2 ’17: +8.4% as of 10/14 vs +8.3% as of October 1 Q1 ’17: +8.0% as of 10/14 … Continued
It was one year ago almost exactly the SP 500 was in the midst of a powerful rally, after the China yuan devaluation, that started late July, 2015. The rally started on “nonfarm payroll Friday” in early October ’15, with … Continued