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Category: Weekly Earnings Update

SP 500 Earnings: Lots of Banks Report This Week / A Classic Year of PE Expansion for SP 500

July 15, 2023 Brian Gilmartin Leave a comment

Lots of banks reporting this week. The global custodial banks like State Street (STT), Bank of New York Mellon (BK)…

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Posted in: Financial sector, PE expansion / contraction, Weekly Earnings Update

SP 500 Earnings: SP 500 Earnings Yield Nears 5%

July 1, 2023 Brian Gilmartin Leave a comment

Next week, the “forward 4-quarter estimate” will jump to $230.69 (or thereabout), as the range of quarter’s is changed from…

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Posted in: SP 500 Earnings Yield, Weekly Earnings Update

SP 500 Earnings: SP 500 Earnings Yield Drops to 5.1%

June 18, 2023 Brian Gilmartin Leave a comment

Under 5% and the SP 500 earnings yield (EY) tells us the equity market is too stretched. The EY is not…

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Posted in: SP 500 Earnings Yield, Taxable High Yield, Weekly Earnings Update

SP 500 Earnings: SP 500 Earnings Yield Supports Technically Overbought Market

June 11, 2023 Brian Gilmartin Leave a comment

Overbought market:  Technically the SP 500 is now in “extreme overbought” range per this weekend’s Bespoke chart. SP 500 Earnings…

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Posted in: CPI / PPI, mu, ORCL, SP 500 Earnings Yield, Weekly Earnings Update

SP 500 Earnings: Corporate Credit Has Held up Very Well

June 4, 2023 Brian Gilmartin Leave a comment

It makes you wonder how much homework sell-side analysts do, when Nvidia (NVDA) markedly increases their revenue guidance for the…

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Posted in: Corporate High Yield, Corporate HighGrade Bonds, Weekly Earnings Update

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Fundamentalis

  • Style-Box Update: Growth Still Leading Value Across Market-Caps: Zeroing in on Mid-Caps
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  • No Question, the Monetary Policy (Interest Rate) Narrative Has Changed (For the Better)
  • Nike Earnings Preview: Some Improvement is Expected; The 7% Free-Cash-Flow Yield Helps
  • SP 500 Earnings Update: Q2 ’25 Earnings Should be Ok; The Attention Turns to Q3 ’25 Guidance

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