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Insightful market commentary from a fresh perspective.
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What Qualifies As a Bear Market ?

September 6, 2018 Brian Gilmartin Leave a comment

For many in the investment business, the technical definition of a “bear market” is – statistically anyway – a 20%…

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Posted in: Bear Markets

Financials – Trading like It’s 1994 (Again)

September 3, 2018 Brian Gilmartin Leave a comment

One of the classic years we saw “PE compression” was 1994, when Alan Greenspan really caught the Street and the…

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Posted in: CME, Financial sector, Financials, JPM, SCHW, XLF

Technology, Apple, and Did Tim Cook Pull Off A Remarkable Feat ?

September 2, 2018 Brian Gilmartin Leave a comment

  Michael Batnick, Ritholtz Wealth’s Director of Research, puts up a chart that perfectly articulates the what-seems-to-be misplaced anxiety over…

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Posted in: Apple (AAPL), Technology

SP 500 Earnings: How Much Earnings Growth is Tax-Reform Related and a Year of PE Contraction

September 1, 2018 Brian Gilmartin Leave a comment

Updating the weekly numbers: (Thomson Reuters) Fwd 4-qtr est: $169.21 vs last week’s $169.13 P.E ratio: 17x PEG ratio: 0.77x…

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Posted in: 2017 Tax reform, EPS estimate revisions, PE expansion / contraction, Weekly Earnings Update

How Does This Bull Market Compare to Others ?

August 29, 2018 Brian Gilmartin Leave a comment

  This is a great graph from Gina Martin Adams, Chief Equity Strategist at Bloomberg. You have to squint to…

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Posted in: Secular Bull Market

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Fundamentalis

  • Schwab Earnings Preview: Cheap on a PEG Basis, Can Schwab Break-out of this 3-year Consolidation?
  • Netflix Earnings Preview: Margin Guidance Continues to be Revised Higher
  • Financials Report This Week: Citi and JPMorgan Kick-Off the Big Banks Tuesday Morning
  • Technology Sector: Looking at the Last 5 Quarters “Upside Surprise” Factor
  • SP 500 Earnings: Nothing Much This Week, but Don’t Ignore Non-Correlated

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