It was interesting to hear Mr. Buffett’s take on Bitcoin in the extended CNBC interview with Becky Quick this week. That single interview on CNBC is probably the best 3 hours of financial media that viewers get a few times … Continued
When this blog post was written about a month ago, the SP 500 EPS estimate revision data was exhibiting the kind of negative revisions that have been previously seen in first quarters since I began tracking the data in the … Continued
Maybe a better question for the headline to today’s blog post would have been, “What about the weekly SP 500 earnings data would have given clues to anticipating the Q4 ’18 selloff ? ” To be completely frank with regular … Continued
If readers can get on your cheaters and look at the attached spreadsheet, you’ll see the expected 2019 EPS growth for both the top 10 weights in the SP 500 and the Top 10 Financial stocks in the SP … Continued
The bounce in the various US equity asset classes since December 24th and December 26th, is resulting in the small and mid-cap sectors within the SP 500 outperforming large-cap and growth for the first time in – well – … Continued
This chart got a lot of play on Twitter on Friday and Saturday morning and it tells an important, but also stimulates a more important question (maybe): Just how far out does the SP 500 (the index) discount earnings … Continued
Factset published an excellent post this afternoon on the US dollar’s impact on SP 500 earnings and revenue: It is clear that US companies with more than 50% of their revenue outside the US, are generating just half the … Continued
The weekly SP 500 earnings update: Fwd 4-qtr estimate: $168.79 vs last week’s $169.13 PE ratio: 16x PEG ratio: 4x SP 500 earnings yield: +6.23% vs last week’s +6.25% Year-over-year growth of fwd est: +3.8% vs last week’s +4.2% Source: … Continued
Source: I/B/E/S by Refinitiv Energy and Basic Materials, as well as Technology – led by Apple – have been the biggest drag on expected, full-year, 2019 earnings growth for the SP 500. Energy is the biggest drag, falling from an … Continued
Here is an updated table on Apple’s 2019 and 2020 EPS and revenue estimates following their earnings report: Is Apple acting as a drag on the SP 500 earnings estimate ? * Fwd 4-qtr estimate: $169.13 vs $170.01 from last … Continued