Jeff Miller, one of my friends in the business and the excellent ‘Weighing the Week Ahead” and “Dash of Insight” blogger here in Chicago (Jeff’s blog was voted one of the Top 100 Financial blogs in America a few years … Continued
Thomson Reuters data (by the numbers): Fwd 4-qtr est: $137.83 vs last week’s $138.05 P.E ratio: 18x PEG ratio: 1.88x SP 500 earnings yield: 5.51% Year-over-year growth of the fwd estimate: +9.63% vs last week’s +9.69% Source: Thomson Reuter’s “This … Continued
Apple updated Wall Street on Tuesday, September 12, 2017. I wanted to give the Street a few days to chew on the models, etc.etc. and update their numbers. Here is the change in fiscal 2018 revenue and EPS estimates, from … Continued
When looking at portfolio performance as of August 31, Microsoft, client’s largest holding performed pretty well in the month of August, +3.5%, and year-to-date was up over 21%, versus the SP 500’s +10.5%. Then we get to client’s #2 holding, … Continued
Last week, the continued upward drift in Technology estimates was written about (here), and now this coming week we get Apple’s iPhone 8 announcement / update on Tuesday, and the Oracle’s fiscal Q1 ’18 earnings release on Thursday, September 14th, … Continued
Thomson Reuters data (by the numbers): (Source: “This Week in Earnings” dated 9/1/17): Fwd 4-qtr est: $138.18 P.E ratio: 18(x) PEG ratio: 1.82(x) SP 500 earnings yield: 5.58% vs last week’s 5.67% Year-over-year growth of fwd est: +9.82% vs 9.95% … Continued
“Damn it – don’t ever trust your instincts” – John Cusack as Martin Blank in the all-time-great “Grosse Pointe Blank” Here is a Marketwatch article written by Mark Hulbert on Amazon. I dont know Mark, but while the article might … Continued
Since this blog post, the 10-year Treasury yield has fallen, which has put the TLT (below) close to breaking its downtrend line (price, not yield) in place since early 2015. Not being a trained technician and more an armchair observer, does … Continued
Above are two charts of the Russell 2000 (IWM). The first shows the IWM breaching its 200-day moving average last week, although the bottom of the chart shows the oversold nature of the Russell 2000 today. The 2nd chart … Continued
For “Fed Model” fans, a SP 500 earnings yield of 5.70% with a 10-year Treasury rate of 2.19% continues to indicate that stocks are more reasonably valued than Treasuries, from a relative perspective, but the Fed Model always needs to … Continued