IT all started in 2015 with UTX, when the conglomerate wanted to divest Sikorsky which they eventually did to Lockheed Martin in late 2015, but United Technologies (UTX) struggled somewhat after that sale, trying to reinvest the sales proceeds and … Continued
Every Thursday night, Bespoke publishes a YTD return for all 11 sectors of the SP 500, and last Thursday night’s bar chart shows that the Health Care sector was now negative for 2019 YTD, dramatically under-performing the SP 500 YTD. … Continued
A focus on the Health Care sector and historical revenue and earnings growth will come this weekend. The sector has been absolutely crushed the last few weeks. SP 500 Earnings (by the numbers): Source: I/B/E/S by Refinitiv Fwd 4-qtr est: $172.14 … Continued
This blog post addressing Financial-sector earnings came out Thursday night, which didn’t help readers, so i wante dto do one more dissection of expected SP 500 2019 earnings and make the case for Financials from a different perspective. The above … Continued
Sourcing Bloomberg / Barclays data, are the YTD returns for the bond market asset classes as of Friday, April 12th, 2019: US Corp HiGrade: +5.13% US Corp High Yld: +8.14% Mortgages (MBS): +1.89% Municipals: +2,67% US Treas: +1.32% US TIPS: … Continued
Corporate high yield as symbolized by the HYG ETF, outperformed the SP 500 this week, returning +0.61% vs the SPY’s +0.51%. I would think that would bode well for forward returns for the SP 500, as the key benchmark is … Continued
JP Morgan (JPM), Wells Fargo (WFC) and PNC Bank (PNC) kickoff Q1, 2019 SP 500 earnings tomorrow, and then next week another 50 – 60 companies across the 11 SP 500 sectors report their Q1 ’19 results. However, Financials usually … Continued
As big fans of Bespoke’s research, the firm published their long-awaited earnings season preview today. Here is the first chart: Here is the second chart: Although the sharp first quarter, 2019, rally in the SP 500 throws a fly … Continued
Here is the historical and prospective SP 500 revenue growth per the latest IBES data: Q4 ’19: +6.4% (est) Q3 ’19: +5.0% (est) Q2 ’19: +4.6% (est) Q1 ’19: +5.0% (est) Q4 ’18: +5.1% (actual) Q3 ’18: +9.5% (actual) Q2 … Continued
The 2019 full-year bottom-up EPS estimate for the SP 500 started in early October at $178.45 and ended his week at $167.54. Only once during the calendar 4th quarter did the calendar 2019 EPS estimate increase sequentially and that was … Continued