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Insightful market commentary from a fresh perspective.
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It’s Still All About Interest Rates and the US Economic Data

October 1, 2023 Brian Gilmartin Leave a comment

Anytime during the trading day the last few weeks, when the 10-year Treasury yield moved to multi-year highs, the dollar…

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Posted in: 10-year Treasury yield, CME fed funds futures, Federal Reserve, Municipal Bond market

SP 500 Earnings Yield Hits Highest Level Since Mid-May ’23

September 29, 2023 Brian Gilmartin Leave a comment

In late July ’23 the SP 500 earnings yield was scraping 5% as noted within this earnings update from July…

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

Nike Earnings Preview: Low Expectations w/ Poor Sentiment; Comp’s Get Easier in FY ’24

September 28, 2023 Brian Gilmartin Leave a comment

This chart of Nike relative to the SP 500 shows Nike’s underperformance since the peak in the stock in early…

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Posted in: NKE

The 10-year Treasury Yield Break Above 4.35% is Worrisome

September 23, 2023 Brian Gilmartin Leave a comment

Despite the commentary around Jay Powell’s “hawkish commentary” at the Wednesday, September 20th, ’23 FOMC presser, the odds that the…

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

SP 500 Earnings Update and a Look at Costco Vs Walmart Revenue Estimates

September 15, 2023 Brian Gilmartin Leave a comment

Walmart is now trading at an all-time-high, although the so-called breakout above the May ’22 highs around $160 has been…

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Posted in: Costco (COST), Weekly Earnings Update, WMT

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Fundamentalis

  • SP 500 Earnings: Financials Report This Week – Expectations Are Quite High and Compares Are Tough
  • Style-Box Update: Small-Cap Value Outperforming Small-Cap Growth – Hasn’t Happened since 2022
  • A Quick Look at Q4 ’25 EPS and Revenue for SP 500: Tech Sector EPS Grew 30.9% in Q3 ’25
  • Expecting Modest, but Still Likely Positive Return, for the SP 500 in 2026
  • Gold Breaks a 40-year Correlation. Does This Signal a Problem for SP 500 Forward Returns ?

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