Earnings season is upon us. Operating earnings for S&P 500 companies are expected to rise from $23.97 in 1Q16 to $29.14 in 1Q17 – an increase of 21.6 percent. This followed a 21-percent year-over-year rise in 4Q16 – from $23.06 … Continued
Table 1 was posted in last Tuesday’s blog. It is apropos to be discussing it again. The table tallies instances of rallies of five percent or above on the S&P 500 over four sessions. Going back six years, there have … Continued
The 1Q16 earnings season is upon us. So far, of the major names, Alcoa (AA) was a thumbs down, JP Morgan (JPM) a thumbs up. At least that was the verdict of the market. In general, the bar for the … Continued