About every 6 weeks, this blog puts out a Style Box update on the various returns difference between small, mid and large-cap value and growth styles. Looking at the spreadsheet, large-cap value outperformed growth dramatically in 2016, and then … Continued
Next week, as we roll into the 3rd quarter of 2018, the “forward 4-quarter estimate” should jump to (approximately) $168 per share, which is the sum of Thomson Reuters IBES’s quarterly estimates for Q3 ’18, through Q2 ’19. Looking at … Continued
Investing is about assessing probability and the performance of the Financial sector the last 5 months, (the XLF anyway) has been less than robust and is testing critical technical support. Bernie Schaeffer’s “Chart of the Week” (Schaeffer Investment … Continued
FC-eps estimate revisions The above spreadsheet is a far bigger data field than needs to be posted, but if you wish to take a look at SP 500 EPS estimate revisions since the 2009 market low, here is the spreadsheet … Continued
Because of the diminished long-terms returns-on-invested-capital and the inability for many commodity companies to build what Mr. Buffett and Morningstar call the “sustainable moat”, clients have never owned substantial positions in commodity companies for longer periods of time. Yes, Alcoa … Continued
Here is 6-year detail (both historical and prospective) of SP 500 earnings growth: 2020: +9% (est) 2019: +10% (est) 2018: +22% (est) 2017: +12% 2016: +1% 2015: -1% Source: Thomson Reuters IBES The Excel table just above shows … Continued
Europe is weak, China seems to be weakening, trade and tariff issues have suddenly made everyone nervous even though the dollar amounts seem to have been reduced so does that mean Treasuries are poised for a decent rally here ? … Continued
https://www.frbsf.org/education/publications/doctor-econ/2013/march/federal-reserve-interest-balances-reserves/ One article read this weekend – think it was from the CNBC app – noted that the surprise with this week’s FOMC announcement could be that that the Fed starts paying interest on member bank deposits ? I have … Continued
In the weekly SP 500 Earnings update this weekend, some thoughts were given on the Technology sector’s earnings, forward growth estimates, and the influence Apple has on the sector. Readers should quickly look at this blog post from a few … Continued
The above was cut-and-pasted from Friday, June 8th’s “This Week in Earnings” and the table shows how SP 500 expected earnings growth has tracked by sector since Jan 1 ’18. Q2 ’18 will obviously benefit from tax reform and … Continued