{"id":7072,"date":"2017-07-25T13:09:56","date_gmt":"2017-07-25T13:09:56","guid":{"rendered":"https:\/\/fundamentalis.com\/?p=7072"},"modified":"2017-07-25T13:09:56","modified_gmt":"2017-07-25T13:09:56","slug":"market-cap-matters-in-earnings-season","status":"publish","type":"post","link":"https:\/\/fundamentalis.com\/?p=7072","title":{"rendered":"Market Cap Matters in Earnings Season"},"content":{"rendered":"<p>With the latest earnings update last week, it wasn&#8217;t noticed until post-publication, that only two of the eleven sectors of the SP 500, actually had &#8220;greater-than-benchmark&#8221; expected earnings growth.<\/p>\n<p>Here is last weekend&#8217;s <a href=\"https:\/\/fundamentalis.com\/?p=7063\">link<\/a>.<\/p>\n<p>Technology earnings are expected to grow +16.3%<\/p>\n<p>Financial&#8217;s are expected to grow +11.8%.<\/p>\n<p>Together, those two sectors represent 35% &#8211; 37% of the Sp 500 by market cap.<\/p>\n<p>Add Healthcare&#8217;s 15% market cap weight and those three sectors comprise 50% &#8211; 52% of the Sp 500&#8217;s total market cap.<\/p>\n<p>Four sectors have market cap weights of roughly 3% each:<\/p>\n<ul>\n<li>Telco<\/li>\n<li>Utilities<\/li>\n<li>Basic Materials<\/li>\n<li>Real estate<\/li>\n<\/ul>\n<p>Market-cap matters. The best growth is earnings season is coming from the largest sectors. That usually results in bull markets.<\/p>\n<p>Thanks for reading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the latest earnings update last week, it wasn&#8217;t noticed until post-publication, that only two of the eleven sectors of&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[194,98],"tags":[],"class_list":["post-7072","post","type-post","status-publish","format-standard","hentry","category-market-cap-weights","category-sector-earnings-growth-estimates"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/7072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7072"}],"version-history":[{"count":2,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/7072\/revisions"}],"predecessor-version":[{"id":7074,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/7072\/revisions\/7074"}],"wp:attachment":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}