Don’t forget the FOMC release is Wednesday afternoon, July 26th, and according to the CME FedWatch tool, there is a…
Lots of banks reporting this week. The global custodial banks like State Street (STT), Bank of New York Mellon (BK)…
Next week, the “forward 4-quarter estimate” will jump to $230.69 (or thereabout), as the range of quarter’s is changed from…
Under 5% and the SP 500 earnings yield (EY) tells us the equity market is too stretched. The EY is not…
Overbought market: Technically the SP 500 is now in “extreme overbought” range per this weekend’s Bespoke chart. SP 500 Earnings…