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Month: June 2020

FedEx Earnings Preview: Stock sitting on 200-Month Moving Average

June 30, 2020 Brian Gilmartin Leave a comment

Yes, you read that headline right. The stock is down from $270 in January ’18 to $135 today or 50%…

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Posted in: FDX, Transports

Looking at Q1 ’20 and Expected Q2 ’20 SP 500 Revenue by Sector

June 28, 2020 Brian Gilmartin Leave a comment

Ed Yardeni made a nice call on expected calendar 2020 SP 500 EPS, estimating $120 – $125, and sure enough…

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Posted in: SP 500 Revenue Growth

SP 500 Earnings Update: Revisions Turned Slightly Negative (Again) This Past Week

June 26, 2020 Brian Gilmartin Leave a comment

Next week, readers will see the “quarterly bump” in the forward 4-quarter estimate with the key metric expected to rise…

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Posted in: Weekly Earnings Update

Financial sector: 10% Market Cap Weight, 17% SP 500 Earnings Weight

June 23, 2020 Brian Gilmartin Leave a comment

David Aurelio of Refinitiv is doing an earnings conference call tomorrow, i.e. Wednesday morning, June 24th, 2020 at 11:00 am…

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Posted in: Earnings Weight vs Market Cap, Financial sector, Financials, Market-Cap weights

Corporate Credit Spreads Continue to Improve

June 21, 2020 Brian Gilmartin Leave a comment

Many thanks to Jeff Miller at www.dashofinsight.com for picking up yesterday’s SP 500 Earnings Update post on his blog this…

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Posted in: Bond Market Liquidity, Bond Market(s), Corporate High Yield, Credit markets, High-Yield Credit, HYG, Municipal Bond market, Municipal High Yield

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Fundamentalis

  • Yield Curve Steepened Last Week, While the US Equity Indices Became Very Overbought
  • SP 500 Earnings: 2026 Expected SP 500 EPS Hasn’t Wavered Much from Expected 14% Growth Rate
  • SP 500 Earnings: Continued Upward Pressure on Forward SP 500 Estimates
  • Bond / Fixed-Income Returns Having a Good Year (so far) in 2025
  • SP 500 Earnings: SP 500 EPS Growth for 2025 Has Risen from 8% to 10% since Late June

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