S&P EPS Results Surprise, Sales Disappoint by Michael Amenta In 2016, US companies have been hurdling EPS targets with relative ease. On average, 68.5% of companies in the SPDR S&P 500 ETF (SPY) have beaten quarterly EPS estimates since 2014. In the prior eight years, however, the percentage of companies in this group averaged 65%. Even when excluding the recessionary quarters...
This Is Why Biotech Stocks May Explode Again by Amy Reeves Biotech stocks fell into one of the deepest craters in their history, starting last summer, but rumblings of a recovery are sounding. After a three-year bull run that more than quadrupled its value by its peak last July, IBD’s Medical-Biomed/Biotech Industry Group (IBB) (XBI) (FBT) plunged 50% by early February, hurt by backlashes against high...
The ‘Strongest 20’ stocks in the S&P 500 by Brett Golden Today we want to look at the “Strongest 20” names within the S&P 500 (SPX) (SPY). We like to use S&P 500 stocks as an investment universe because of the liquidity, the fundamentals and market capitalization that it takes to be added to the index. In identifying strength inside...
Forget growth stocks—this year, value is where it’s at by Alex Rosenborg One of the most widely forecast trends in the investing world has finally come to pass. In 2016, value stocks have risen 2.4 percent as measured by the S&P 500 value index, while the S&P 500 growth index has slid 1 percent. This is in contrast to the...
One of the bears’ biggest arguments is falling apart this year by Alex Rosenberg Those who have doubted the power and resilience of the rally in stocks frequently complained that there was something phony about the market. Just a few companies, they pointed out, have contributed the majority of market gains. Once these names lost their momentum and the smoke...
China will be the ‘trigger to a sell-off’ in US stocks: Trader by Annie Pei Will China's potential market woes drag the U.S. down with it? The Asian country's market may have rallied after a mixed performance in April, but China's stocks (FXI) remain on a downward trend, with American analysts and traders watching nervously, waiting for the U.S. markets...
Crude Oil testing resistance, fear index testing support, says Joe by Chris Kimble Once Crude Oil (USO) started turning weak in 2014/2015, many stock markets around the world have struggled to move much higher. Crude Oil hit support in February of this year and has rallied almost 50% off the lows and stocks have followed to the upside. Joe Friday Just...
Big drop in bullishness for U.S. stocks could actually be a good sign Contrarians detect a robust ‘wall of worry’ that the market can climb by Mark Hulbert The U.S. stock market’s recent weakness represents little more than investors taking a breather before they mount another rally. That, at least, is the conclusion of a contrarian analysis of current stock...
Jeff Gundlach's Favorite Recession Indicators Say Everything's Fine—For Now Labor market trends are still strong, but there may be trouble come fall. by Luke Kawa Is job growth slowing because the economy is near the natural limit of full employment, or because there's a coming downturn? That's the key question being asked today after a jobs report showed non-farm U.S. payrolls rose by 160,000 last month,...
Sell in May And Buy Back Higher In November by The Fat Pitch Summary: The "summer months" start next week. The period from May through October is known as the "worst 6 months" of the year for stocks. True, the probability of a truly bad month is higher and the probability of a really great stretch of months is lower...
