Per FactSet, eps and revenues continue to beat by 71% and 59% respectively – after 22% of S&P 500 having reported Q4 earnings so far.
Guidance is a bit light but 2019 eps estimates remain ~$170.93 per share. If Continue reading “Earnings Update”
Quote of the day…
Be in the know. 11 key reads for Saturday…
- Bond Traders Face Plenty of Risk as Powell Ushers In a New Era (Bloomberg)
- This Alibaba business could be its next big moneymaker (Market Watch)
- America’s Hidden Workforce Returns (Wall Street Journal)
- Four Low-Debt Stocks to Buy for Uncertain Times (Barron’s)
- Intel Stock Is Selling Off. Here’s Why You Should Buy. (Barron’s)
- Trump To Try Nominating People He Agrees With To Fed Board (Dealbreaker)
- Why Xilinx Is Seeing Strong Growth When Many Chip Peers Aren’t Growing at All (The Street)
- Elizabeth Warren’s New Wealth Tax Could Cost Billionaires $85 Billion A Year (Forbes)
- China confident of keeping 2019 growth within ‘appropriate range’ (Reuters)
- The Marijuana Billionaire Who Doesn’t Smoke Weed (aka Don’t get high on your own supply): (Fortune)
- Robots at a Budapest cafe serve up food and drink, tell jokes, dance with kids (First Post)
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Unusual Options Activity
Today some institution/fund purchased 10,207 contracts of March $47.50 strike calls (or the right to purchase 1,020,700 shares of General Mills at $47.50). This is a larger sized bet for this stock and contract as the open Continue reading “Unusual Options Activity”
Quote of the day…
IBD 50 Growth Index (top 30 weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the top 30 weighted stocks in the IBD 50 Growth Index (ETF: FFTY) [that are not either included in the top 30 weights of the Russell (posted Jan Continue reading “IBD 50 Growth Index (top 30 weights) Earnings Estimates/Revisions”
Be in the know. 5 key reads for Friday…
- Futures higher as lawmakers re-engage in bid to end shutdown stalemate (The Fly)
- Elizabeth Warren Proposes 2% ‘Wealth Tax’ On Richest Americans (Zero Hedge)
- The Fed may be moving closer to ending its rally-killing balance sheet reduction (CNBC)
- What DR Horton Earnings Indicate About the Housing Market (24/7 Wall Street)
- Creditors Say Edward Lampert Reaped Billions but Left Sears Insolvent (Wall Street Journal)
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Unusual Options Activity
Today some institution/fund purchased 14,969 contracts of April $29 strike calls (or the right to purchase 1,496,900 shares of Bank of America BAC at $29). This is a larger sized bet for this stock and contract as the open Continue reading “Unusual Options Activity”
DOW + (8 S&P 500 top weights) Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the DOW 30 PLUS I have just added 8 of the S&P 500 top 30 weights [that are not either included in the DOW 30 or in the top 30 weights of the Nasdaq (which was Continue reading “DOW + (8 S&P 500 top weights) Earnings Estimates/Revisions”
Be in the know. 7 key reads for Thursday…
- Stocks to Buy in China’s Slowing Economy (Barron’s)
- Initial Jobless Claims Crash To 50 Year Lows (Zero Hedge)
- ECB Keeps Policy Unchanged to Battle Economic Slowdown (Bloomberg)
- United Technologies Offers an All-Clear Signal (Wall Street Journal)
- P&G Raises Outlook After Another Quarter of Strong Sales (Wall Street Journal)
- American Airlines profit and forecast beat on higher fares (Reuters)
- Lam Research (LRCX) Surpasses Q2 Earnings and Revenue Estimates (Nasdaq)
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