Tag: StockMarket

Energy Estimates Up Again This Week

Data Source: Factset

Quick notes on earnings this week.  Th most notable change is that 2020 estimates for the Energy Sector went up again this week jumping from 21.4% earnings growth to 25.5% in the past few weeks.

Earnings:

The S&P 500 remains strong at 9.5% EPS growth ($177.41).

Guidance:

The percent of companies issuing negative EPS guidance so far is 58% (7 out of 12). This is below the 5-year average of 70%.

Be in the know. 12 key reads for Friday…

  1. Tiger Cubs, the Next Generation: Meet Chase Coleman’s Proteges (Bloomberg)
  2. 3 Pieces to the 2020 Earnings Puzzle (and Sentiment Results) (Zero Hedge)
  3. Adding a Chronograph Makes This Already-Great Watch Even Better (Bloomberg)
  4. Exclusive: U.S. pushing India to buy $5-6 billion more farm goods to seal trade deal – sources (Reuters)
  5. European stocks climb as economic data fuels growth hopes (Reuters)
  6. 3 Oil and Gas Equipment Stocks in Possible New Uptrend (Investopedia)
  7. Legendary investor Bill Miller scored 120% returns though he did ‘nothing’ in the last months of 2019 (Business Insider)
  8. Trump is studying ‘numerous’ middle-class tax cut plans ahead of election, White House says (Business Insider)
  9. If You Missed Out on Tesla, Consider This Chinese Car Maker (Barron’s)
  10. Vietnam’s Economy Is Booming. Just Don’t Expect to Find Its Stocks In Your Emerging Markets Fund. (Barron’s)
  11. Help! I’m Trapped Inside TikTok and I Can’t Get Out (Wall Street Journal)
  12. Activist Investors and the Art of the Deal (Wall Street Journal)

Be in the know. 12 key reads for Thursday…

  1. Boeing’s Latest Setback Could Have a Silver Lining (Wall Street Journal)
  2. 4 Tech Stocks With Big Dividends (Barron’s)
  3. IBM’s Turn Might Stick (Wall Street Journal)
  4. Bulletproof 1928 Caddy once owned by Al Capone up for sale for big bucks (Fox Business)
  5. The new kings of the bond market (Financial Times)
  6. White House has started work on second round of tax cuts to boost growth, Mnuchin says (CNBC)
  7. Greta Thunberg isn’t qualified to lecture the US on climate change, Treasury Secretary Steven Mnuchin says (Business Insider)
  8. ECB launches review that will redefine its mission and tools (Reuters)
  9. Secretive Startup Promises Satellite Internet for the Masses (Bloomberg)
  10. One value strategy now favors commodity sector over techs (MarketWatch)
  11. Pound Forecasters Tune Out BOE Cut Calls to Sound Upbeat (Bloomberg)
  12. Brexit Divorce Deal Clears U.K. Parliament (Wall Street Journal)

Be in the know. 10 key reads for Wednesday…

  1. Founder of world’s largest hedge fund says ‘cash is trash’ as the Dow soars to records (Yahoo! Finance)
  2. EXCLUSIVE: Trump promises ‘very big’ middle-class tax cut, trade deals, and health care in second term (Fox Business)
  3. At Davos, Kudlow touts huge wage gains among blue-collar worker (Fox Business)
  4. Monopoly Power and the Malfunctioning American Economy (Institutional Investor)
  5. Trump expects EU trade deal before November election (Financial Times)
  6. Americans Don’t Want to Drive Electric Cars (24/7 Wall St.)
  7. Trump Says Dow Would Be 10,000 Points Higher Without Fed’s ‘Big Mistake’ (MarketWatch)
  8. Bets on BOE Rate Cut Fall Below 50% as Factory Optimism Jumps (Bloomberg)
  9. Nio’s stock has soared 60% during 9-day win streak through Tuesday (MarketWatch)
  10. GOLDMAN SACHS: Stocks that pay huge dividends are historically cheap. Here are the 12 poised to make the biggest payouts to investors through 2021. (Business Insider)