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Insightful market commentary from a fresh perspective.
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SP 500 Earnings: SP 500 Earnings Yield Supports Technically Overbought Market

June 11, 2023 Brian Gilmartin Leave a comment

Overbought market:  Technically the SP 500 is now in “extreme overbought” range per this weekend’s Bespoke chart. SP 500 Earnings…

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Posted in: CPI / PPI, mu, ORCL, SP 500 Earnings Yield, Weekly Earnings Update

The Dollar / International and Non-US Investing / Top 10 Holdings

June 8, 2023 Brian Gilmartin Leave a comment

This daily chart of the UUP was sent to me about a month ago by a technician, Gary Morrow, (@garysmorrow)…

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Posted in: Currency, Emerging Market ETF's (EEM, Emerging Markets, EMXC, Oakmark International, US Dollar

SP 500 Earnings: Corporate Credit Has Held up Very Well

June 4, 2023 Brian Gilmartin Leave a comment

It makes you wonder how much homework sell-side analysts do, when Nvidia (NVDA) markedly increases their revenue guidance for the…

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Posted in: Corporate High Yield, Corporate HighGrade Bonds, Weekly Earnings Update

The Treasury Yield Curve Has to Normalize – Eventually

June 1, 2023 Brian Gilmartin Leave a comment

Thinking about the Treasury yield curve the night before the May ’23 nonfarm payroll report, eventually the Treasury yield curve…

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Posted in: Corporate High Yield, Corporate HighGrade Bonds, Municipal Bond market, Treasuries, Treasury Yield Curve

Tech Overheating and a Tough May ’23 for Treasuries

May 30, 2023 Brian Gilmartin Leave a comment

May ’23 still has 2 days remaining but here’s the basis point change in Treasuries (as of Friday, May 26)…

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Posted in: 10-year Treasury yield, Technology, Treasuries

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Fundamentalis

  • Boeing Earnings Preview: Administration Support Could be Important Tailwind, As BA Digs Out of Deep Hole
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  • SP 500 Earnings: One Unusual Aspect to Q3 ’25 Earnings Estimates
  • Alphabet Earnings Preview: Google’s Very Own Version of Creative Destruction
  • IBM Earnings Preview: Cash-Flow Multiples are Much More Reasonable

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