Tag "corporate earnings"

Macro To Micro Trading Update: Market Themes & Insights

Note that this post went out to my “Gone Fishing” newsletter subscribers this weekend.  You can subscribe here.   Reflections and Inflections The Bloomberg Commodity Index started the year by setting a fresh record for consecutive gains, pushing it up more than 4% over the past month. This helped bring the US 10-year…

Passive Investors: Beware of Sector Lopsidedness

A curious trend has emerged within one of the world’s major equity benchmarks: the S&P 500 (INDEXSP:.INX). And one that beckons attention from the passive investing world. As passive or index investors should be well aware, their portfolios will change over time as the index changes. So it’s arguably a…

Can Earnings Growth Save An Overvalued Equity Market?

This post was written with Craig Basinger. Markets calmed down last week after seeing a brief return of volatility that certainly raised some eyebrows. One aspect that has provided stability despite higher geopolitical risks has been the underlying company fundamentals. We are coming off one of the better Earnings Seasons…

Global Equity Profits Rebounding At The Margin

As global equity markets have moved higher and higher since what was arguably the start of a new bull market in 2016, a number of concerns have surfaced. These concerns include higher valuations, dependence on monetary policy, and a range of other worries like geopolitics. But a key development has…

Stocks At New Highs: Profits, Charts, Or Both?

S&P Profits Are corporate results improving or is the S&P 500 (INDEXSP:.INX) and broad stock market indices rising based purely on technicals? From The Fat Pitch: “The headline numbers for 2Q17 financial reports are good: S&P profits are up 19% year-over-year; sales are 6% higher; profit margins are at new highs….

Investors: Is It Time To Put Risk/Reward Into Perspective?

The Deck is Stacked:  Putting Risk and Reward into Perspective “The individual investor should act consistently as an investor and not as a speculator.” – Ben Graham. We are frequently told that valuation analysis is irrelevant because fundamentals do not signal turning points in markets. Scoffers of valuation analysis are…

Earnings Spotlight: 15 Small Cap Stocks To Watch This Week

Small caps continue to provide the most alpha for smaller investors. And if properly researched, we can uncover growth stories far before the masses catch on, and get in with earlier entries into holdings that may become longer term positions. The market has rallied sharply over the last few years and a lot…

Global Equities Earnings Acceler-O-Meter Checkup

With the swings in sentiment and price over the last couple of weeks it’s important to keep sight of some of the trends in the fundamentals. Particularly so as a lot of markets are looking shaky short-term, with divergences showing up and key levels looking close to being breached. Indeed,…

Study: How Stock Prices React To Corporate Earnings Releases

This post was written by Craig Basinger and Derek Benedet of Richardson GMP. Behavioral Finance combines behavioral and cognitive psychology theory with conventional economics and finance. Essentially it attempts to account or add the “human” element into understanding how the markets behave. While still a relative new area, it has…