Here (above) is one of the navel-gazing-esque spreadsheets put together on long weekends to examine a data point that might be interesting both to me and readers. The goal was to simply look at Q4 ’17 and 2018 SP … Continued
The late selloff today wasn’t really expected, but then again neither was the seemingly uneventful market response to the signing of the first meaningful tax reform since 1986. President Trump signed the final tax reform bill … Continued
Once a year, looking at the top market cap weights in the SP 500 can provide some insight into the equity market’s key benchmark. The last time this was written about was here, in August ’16, or about 16 … Continued
Supposedly, the old-school Sicilian Mafia have an old saying, “the snake lays coiled in Napoli” which supposedly means that in older Italy, when the Mafioso ran the country and the Mafia power centers were split between Sicily and Naples, the … Continued
A quick update on the SP earnings data in front of the long weekend: Thomson Reuters data (by the numbers, This Week in Earnings dated 12/22/17) Fwd 4-qtr est: $142.88 P.E ratio: 18.8x PEG ratio: 1.68x SP 500 earnings yield: … Continued
The US economy, as well as global GDP growth is accelerating off a slow, post-2008 below-average pace; SP 500 earnings are expected at 10% in 2017 and 11% in 2018, the best year(s) of growth since 2011; Sentiment is starting … Continued
Thomson Reuters data (by the numbers from This Week in Earnings, dated 12/15/17): Fwd 4-qtr est: $142.57 P.E ratio: 18.8x PEG ratio: 1.72x SP 500 earnings yield: +5.32% Year-over-year growth of fwd est: +10.9% vs last week’s +10.9% Analysis / summary: With just two … Continued
Leaning bearish into 2018, these numbers were somewhat surprising: 1.) Revisions for next year have been positive for both year-over-year SP 500 EPS AND SP 500 revenue growth. 2.) The 11% expected SP 500 earnings growth for 2018 has been … Continued
Suddenly all the prognosticators are bullish. Individual investor sentiment had risen the last few weeks: Bespoke put out their graph today on investor sentiment: Here is the data: Actual dollar EPS SP 500 SP 500 Y/Y gro Total return … Continued
Morningstar’s Stock, Bond, Bills & Inflation has some interesting long-term capital market information, much of it from Morningstar’s acquisition of Ibbotson & Associates in 2005. Looking at the annual returns of the SP 500 since 1970, and including the period … Continued