Trinity Logo Trinity Logo
  • Home
  • About Brian
  • Fundamentalis Blog

Monthly Archives: April 2019

Apple Reports Tonight: Stock Rangebound as Business Model Transition Evolves?

April 30, 2019

By Brian Gilmartin

This weekly chart of Apple shows that – while the stock has had a nice bounce since the December ’18 lows, it remains well below its all-time-high from the 3rd quarter of 2018 near $230. Here is the trend in … Continued

The Dollar, Market Breadth, High-Yield Bond Market Health and the VIX

April 28, 2019

By Brian Gilmartin

The SP 500 closed within one point of September, 2018 all-time last Friday. You’d have to think “everyone” is watching what happens this week. I wouldn’t be surprised to see a pullback here since the SP 500 usually takes a … Continued

How Have Full-Year 2019 SP 500 Earnings Estimates Changed ?

April 27, 2019

By Brian Gilmartin

First, for the first time in a while, the number of “positive revisions” to SP 500 estimates outnumber “negative revisions: Here’s the data and the graph:   The above is a spreadsheet kept weekly on the number of positive and … Continued

SP 500 Earnings Rebound Continues – Revenue Growth is Less Robust

April 26, 2019

By Brian Gilmartin

  Love this graph IBES by Refinitiv puts at the bottom of the first page of “This Week in Earnings” every week. That’s about all you need to know right now: Q1 ’19 earnings growth “expectations” for Q1 ’19 earnings … Continued

Are We Seeing the Death of the Industrial Conglomerate ?

April 26, 2019

By Brian Gilmartin

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

Quick Look at Health Care Headed into Q1 ’19 Earnings

April 20, 2019

By Brian Gilmartin

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

SP 500 Earnings Update: Is the SP 500 Earnings Turn Beginning ?

April 19, 2019

By Brian Gilmartin

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

One Last Earnings-Related Table: The Rationale for a Financial Sector Overweight

April 14, 2019

By Brian Gilmartin

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

Credit Markets and the Forward Earnings Curve

April 13, 2019

By Brian Gilmartin

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

SP 500 Earnings: Fade Tech, Buy Financials ?

April 12, 2019

By Brian Gilmartin

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

  • ← Older posts
Trinity Logo

Fundamentalis

  • Oracle Earnings Preview: Oracle’s Fairly Valued, but Revenue Growth Lags due to Cloud Transition
  • Looking EPS and Revenue Volatility around the Energy Sector
  • SP 500 Weekly Earnings Update: Forward Estimate Growth Rate Showing Signs of a Bottom
  • 2020 SP 500 Sector Growth Rates Updated: Watch Consumer Discretionary
  • SP 500 Earnings Update: Adjusting for Tax Reform, 2019’s SP 500 EPS Growth is Roughly 8%

Subscribe to Fundamentalis

Blogroll

  • A Dash of Insight
  • First Trust Economics Blog
  • Jeff Matthews is Not Making This Up
  • Points and Figures

Archives

  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012

Categories

  • 10-year Treasury yield
  • 1994
  • 2008 Financial Crisis
  • 2017
  • 2017 Fiscal Policy
  • 2017 Tax reform
  • 2018
  • 2019 SP 500 earnings
  • 2020 SP 500 Earnings data
  • AA
  • AGG
  • Amazon
  • AMGN
  • Apple (AAPL)
  • Asset allocation
  • AT&T (T)
  • BA
  • BAC
  • Basic Materials
  • BBY
  • Bear Markets
  • Berkshire Hathaway
  • Bespoke
  • BHI
  • Biotech
  • Biotech sector / earnings
  • Bitcoin
  • Bob Lang Webinar
  • Bond Funds
  • Bond Market Liquidity
  • Bond Market(s)
  • bond proxy
  • Brazil (EWZ)
  • Brexit
  • Cash repatriation s/sheet
  • CAT
  • China Yuan devaluation
  • CHK
  • CME
  • CNBC
  • Coca-Cola (KO)
  • Commodities
  • Communications sector
  • Consumer Discretionary
  • Consumer Staples
  • Copper (JJC)
  • Corporate High Yield
  • Credit markets
  • Crude oil / Energy
  • CSCO
  • Currency
  • CVX
  • DataTrek
  • DE
  • DVN
  • Earnings
  • Earnings estimate revisions
  • Earnings Weight vs Market Cap
  • ECA
  • EEM
  • Emerging Market ETF's (EEM
  • Emerging Markets
  • Energy ETF's (XLE
  • Energy sector
  • EPS estimate revisions
  • estimize
  • Eurozone Crisis
  • Explosive options
  • F
  • Facebook (FB)
  • Factset
  • Factset earnings data
  • FB
  • FCX
  • FDX
  • Fed Model
  • Financial sector
  • Financials
  • Fiscal Cliff
  • FOMC meeting
  • Forecasts
  • Forward SP 500 earnings curve
  • Fwd 4-qtr growth rate (SP 500)
  • GAAP Vs Non-GAAP
  • GDP
  • GE
  • Gilead
  • GLD
  • GM
  • Gold
  • GOOG
  • GOOGL
  • Great Depression
  • Growth v Value
  • GS
  • HAL
  • Health Care sector
  • Healthcare Reform
  • Home Depot (HD)
  • HON
  • Horan Capital
  • HPQ
  • HYD
  • HYG
  • IBM
  • IEF
  • Inc. (BRK-B)
  • Industrials
  • INTC
  • Integrated Oil Co's
  • interest rates
  • International (Non-US)
  • intra-year decline chart
  • ISRG
  • IWM
  • IYE)
  • Japan and Nikkei
  • JCP
  • Jim Cramer and TheStreet
  • JNJ
  • JNK
  • Joel Greenblatt
  • JPM
  • Kimble / Detrick
  • KLIC
  • LEN
  • LEN TIF
  • LIBOR
  • Liquidity Trap
  • LongTerm Capital Management
  • Macro trade
  • Market breadth
  • Market-Cap weights
  • MCD
  • MCO
  • MEN
  • MMM
  • Morningstar data
  • MRK
  • MS
  • MSFT
  • mu
  • MUB
  • Municipal Bond market
  • Municipal High Yield
  • Netflix
  • NKE
  • NUV
  • Oakmark International
  • Oil Services Co's
  • ORCL
  • PE expansion / contraction
  • Pension Expense
  • PFE
  • PG
  • Portfolio Allocations and Weights
  • Pre-announcement stats
  • Q4 '18 Earnings and Revenue
  • QQQ
  • QQQE
  • REIT's
  • Repurchase stock
  • Retail
  • Reversion to the mean
  • Russell 2000
  • S&P 500
  • SALT
  • Schumpeter's Creative Destruction
  • SCHW
  • Sector Earnings Growth Estimates
  • Secular Bull Market
  • SeeitMarket
  • SLB
  • SNDK
  • SP 500 200-day moving average
  • SP 500 chart
  • SP 500 corrections
  • SP 500 dividend yield
  • SP 500 Earnings Yield
  • SP 500 estimate revision data
  • SP 500 forecast(s)
  • SP 500 free-cash-flow yield
  • SP 500 Historical Framework
  • SP 500 Revenue Growth
  • SP 500 Valuation
  • SP 500's "upside surprise"
  • SPY
  • Standard & Poors Earnings Data
  • stock market sentiment
  • Style analysis
  • Taxable High Yield
  • TBF – inverse Treasury
  • Technical Analysis
  • Technology
  • Telco
  • The Fed
  • thestreet.com
  • Thomson Market Risk Premium
  • Thomson Reuters TWIE
  • TLT
  • TNX
  • TOL
  • Top 10 Client Holdings
  • Top 10 Earnings weights
  • Transports
  • Treasuries
  • TXN
  • Uncategorized
  • US Dollar
  • US jobs growth
  • Utilities
  • UTX
  • UUP
  • Valuation
  • VIX
  • VWO)
  • VZ
  • WBA
  • Weekend Link Fest
  • Weekly Earnings Update
  • WFC
  • WFM
  • WMT
  • X
  • XLF
  • XOM
  • Yen

© 2019 Fundamentalis