The JNK high-yield ETF looks the best of our three charts today, already having transcended the downward sloping trend line off the 2014 peak. The HYG is sitting just above resistance at the downward sloping trendline off … Continued
Preparing yesterday’s post, the decline in the “forward 4-quarter” growth rate for the SP 500 below 3% was a bit of a surprise. However, perusing the IBES by Refinitiv 2020 Expected SP 500 Earnings data shows that revisions are positive … Continued
So much will be written this weekend about the FOMC meeting Wednesday, but here is the snapshot of the CME fed funds future contract probabilities as of Friday, July 26th, 2019. Sure looks like we get a 25 bp … Continued
This table was published Wednesday morning, July 24th, in an update sent out by Tajinder Dhillon of IBES by Refinitiv, What’s interesting is that for the SP 500 as a whole, the “average” EPS upside surprise is 5.1%. Looking … Continued
The above graph is featured every week (and updated weekly) on the front page of “This Week in Earnings”, IBES by Refinitiv’s definitive weekly earnings report. Now compare that July 19th, 2019, graph to this one from, April 18th, … Continued