2020 Earnings Estimates: U.S. – DOWN. EUROPE – UP.

Data Source: Factset

2020 Earnings Estimates for the S&P 500 trimmed from 177.77 to 177.64 in the past week.  Conversely, the Earnings Estimates for the Euro Stoxx 600 increased by 160bps for 2020 in the past week. Continue reading “2020 Earnings Estimates: U.S. – DOWN. EUROPE – UP.”

HFT VideoCast – Stock Market Commentary and Weekly Recap – Episode 10

Article referenced in VideoCast above:

The Earth, Wind & Fire “Shining Star” Stock Market (and Sentiment Results)

In this episode we cover:

  • general stock market commentary
  • positioning and sentiment
  • CNBC and Fox Business quotes from this week
  • Increased Guidance on tap?
  • Earnings by Sectors
  • Energy E&P thesis
  • CEO/CFO sentiment
  • Fed Liquidity
  • AAII sentiment
  • NAAIM positioning
  • S&P and Euro Stoxx 600 earnings
  • Dogs of Dow
  • Transports
  • Jude Clemente Energy Article in Forbes
  • Rig count

2020 Earnings Estimates: US down modestly, Europe UP

Data Source: Factset

S&P 500 Earnings:

This week, 2020 EPS estimates came down from 178.24 to 177.77.  While this is a drop of 26bps, the 2020 Earnings Growth rate stayed up at 9.6% due to a slight down-tick in 2019 estimated results.  Q4 2019 Estimates have dropped 10bps (from -1.4% to -1.5% since 12/20). Continue reading “2020 Earnings Estimates: US down modestly, Europe UP”

HFT VideoCast – Stock Market Commentary and Weekly Recap – Episode 8

Article referenced in VideoCast above:

The J. Paul Getty (Energy) Stock Market (and Sentiment Results)

2020 Earnings Estimates Stand Strong

Data Source: Factset

S&P 500 Earnings estimates for 2020 held in strong this week at $178.47 – down modestly from $178.57 last week.  While the normal trajectory over the next two weeks – heading into earnings season – would be to lower estimates further, we may find that this time is different. Continue reading “2020 Earnings Estimates Stand Strong”