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Insightful market commentary from a fresh perspective.
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The Energy Sector: Bottoming or “Lower for Longer” ?

July 26, 2015 Brian Gilmartin Leave a comment

Since last September, ’14, the Energy sector has gotten crushed, and basic commodities have followed. When this blog post was…

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Posted in: Crude oil / Energy, CVX, Energy sector, HAL, SLB, Uncategorized, XOM

Weekly Earnings Update: Performance Differential between Growth and Value Continues

July 25, 2015 Brian Gilmartin Leave a comment

The most striking aspect to the SP 500 since July 1 is the performance differential between “Growth” and “Value” within…

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Posted in: Amazon, Apple (AAPL), Basic Materials, Fwd 4-qtr growth rate (SP 500), GOOG, GOOGL, Growth v Value, IBM, MSFT, S&P 500, SP 500 Revenue Growth, Weekly Earnings Update

Thinking About Gold (But Trying Not To)

July 24, 2015 Brian Gilmartin Leave a comment

  The above chart, cut-and-pasted from MacroTrends, is an excellent pictorial of the price of gold bullion since the early…

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Posted in: AA, Commodities, FCX, GLD

Commodity Returns: So Much for the “Reversion to the Mean” Trade

July 20, 2015 Brian Gilmartin Leave a comment

In 2014, I managed to avoid the Energy sector for clients, almost entirely, owning no Energy (crude oil or natural…

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Posted in: AA, Basic Materials, FCX, GLD, X

SP 500: Market Cap vs Earnings Weight – Why I Remain Relatively Upbeat on SP 500 Prospects

July 19, 2015 Brian Gilmartin Leave a comment

FC – marketcapvsearningswt There are a couple of good reasons to be bearish on the Sp 500 right now: 1.)…

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Posted in: Earnings Weight vs Market Cap, Growth v Value

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Fundamentalis

  • 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
  • Walmart Post-Earnings: Noisy Quarter, but Operationally, Walmart is Fine

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