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Month: January 2018

What’s Driving this Stock Market – P.E Expansion or Earnings Growth ?

January 28, 2018 Brian Gilmartin Leave a comment

Here is the data: Estimated 2018 SP 500 EPS growth, with accompanying P.E 1/26/2018: +16%, 18.7x 1/19/2018: +15%, 18.5x 1/12/2018:…

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Posted in: Earnings estimate revisions, PE expansion / contraction, S&P 500

SP 500 Earnings: The Rally is Being Supported by the Earnings Numbers

January 26, 2018 Brian Gilmartin Leave a comment

This week, the presentation of the earnings data was arranged a little bit differently to show the SP 500 earnings…

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Posted in: 10-year Treasury yield, Weekly Earnings Update

SP 500 “Earnings Yield” is Actually Increasing Since Mid-December ’17

January 19, 2018 Brian Gilmartin Leave a comment

SP 500 Earnings Data by the numbers: (Source TR I/B/E/S “This Week in Earnings” dated 1/19/2018) Fwd 4-qtr est: $151.95…

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Posted in: SP 500 Earnings Yield

The US Dollar is the Puzzle Today

January 18, 2018 Brian Gilmartin Leave a comment

While the UUP ETF (dollar bull ETF, with the two largest weights being the euro and the yen) is now…

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Posted in: US Dollar, UUP

SP 500 Earnings Update: Check These Earnings Revisions to Reality Check 2018 Rally

January 12, 2018 Brian Gilmartin Leave a comment

Check the numbers this week: Fwd 4-qtr estimate: $150.32 vs last week’s $147.94 (highly unusual to see this kind of…

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Posted in: SP 500 Earnings Yield, Treasuries, Weekly Earnings Update

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Fundamentalis

  • Technology Sector: Looking at the Last 5 Quarters “Upside Surprise” Factor
  • SP 500 Earnings: Nothing Much This Week, but Don’t Ignore Non-Correlated
  • Style-Box Update: Growth Still Leading Value Across Market-Caps: Zeroing in on Mid-Caps
  • SP 500 Earnings Update: The 10-year-and-Under Treasury Maturities Are Now All Below the Fed Funds Rate
  • No Question, the Monetary Policy (Interest Rate) Narrative Has Changed (For the Better)

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