While (thanks to Bespoke) much of the Street and the financial media have picked up on the mega-cap concentration within the SP 500, with the top 5 names now being 17.3% of the SP 500’s total market cap, per … Continued
Apple (AAPL), Facebook (FB) and Microsoft (MSFT) report their December, 2019, quarter this week, and given the importance of the stock’s to the indices, the results will be closely watched. 141 SP 500 components are expected to report their Q4 … Continued
The full update will be sent out later this weekend, probably Sunday night or Monday morning since travel is required to see clients this weekend, but one aspect of the IBES by Refinitiv data that caught the eye today was … Continued
Client meetings since January 1 have kept the blog posts at a minimum. Two consistent questions from clients: 1.) How long can this last ? (i.e. SP 500 strength), and 2.) Is a recession coming ? In my own opinion, … Continued
In this weekend’s SP 500 earnings update, it was mentioned that first quarter’s of the year can see negative EPS estimate revisions. I thought readers should be shown some of the historical data tracked on “SP 500 EPS estimate revisions” … Continued
Financials start the Q4 ’19 earnings season this week, which is typical each quarter, as Financial’s start reporting and mostly finish reporting before the rest of the SP 500 does their quarterly duty. The other interesting (and mostly irrelevant) fact … Continued
When you finally realize you’re really, really, old: Moved out of Chicago in 2019, to the western suburbs, near where i went to high school. As a workout fanatic, joined the local UFC GYM for both brazilian jiu jitsu and … Continued
The new “forward 4-quarter” estimate as we roll into the new January ’20 quarter is $176.74 versus last week’s $171.15. This happens every quarter and now for the next twelve weeks the $176.74 will gradually erode into the last week … Continued
(Source: IBES by Refinitiv) This table was sent out to readers on December 1 (here) and once in November ’19 (here). On December 1, readers were told to keep an eye on Consumer Discretionary and Real Estate. It’s not negative … Continued