This spreadsheet was posted to this blog in mid-May ’18 as well as late March and mid-February earlier this year to give readers an idea of how full-year 2018 expected growth has tracked by sector. A couple of points: … Continued
The Bespoke Report is – in my opinion – one of the best weekly summaries of market-related, and econ-related and investment-related topics on the Street. Bespoke, founded by Paul Hickey and his team years ago, came out of Laszlo Birinyi’s … Continued
The first look at Q2 ’18 GDP will be Friday morning, July 27th, 2018 and expectations have risen sharply throughout the quarter. Some think Q2 ’18 GDP could hit 4% – 5%, but the prognosticators don’t really provide where the … Continued
Having lunch with a client yesterday in downtown Chicago, the discussion around the market was how today’s SP 500 action is nothing like the 1990’s. Bespoke noted this week that Tech’s market cap weighting within the SP 500 is 26% … Continued
From Thomson Reuters “This Week in Earnings”: Forward 4-qtr est: $168.26 vs last week’s $168.23 PE ratio: 16.6x PEG ratio: 0.79x SP 500 earnings yield: +6.01% vs last week’s 6.10% Year-over-year growth of fwd est: +21.14 vs last week’s +20.85% … Continued
(The Weekly Earnings Update will be delayed this coming weekend – it likely wont hit your inbox until Sunday night, July 15th or Monday morning, July 16th, 2018. Thanks for your patience.) The June payroll report last week showed that … Continued
Here is what the Street is expecting – by sector – for Q2 ’18 revenue growth: Energy: +19.9%, vs +17.8% as of April 15, 2018 Basic Mat: +13.2%, +11.3% as of April 15, 2018 Technology: +12.4%, vs +10.9% as of … Continued
With the 4th of July holiday falling where it does this year – in the middle of the workweek – the ADP (private sector payroll report) and the weekly jobless claims release are both scheduled to be released tomorrow morning, … Continued
As a long-time believer in the “sector” approach to investing, watching Technology and Financial’s lead the bull market of the 1980’s and 1990’s and then watching those two sectors get taken to the woodshed – first Technology in 2001 and … Continued