Why would strong earnings be a “cause for concern”?
Stop and smell the roses, for a change.
Why would strong earnings be a “cause for concern”?
Stop and smell the roses, for a change.
For your education Earnie, think long term benefit of country and not the short benefit of a few:
https://www.theatlantic.com/business/archive/2018/07/are-stock-buybacks-starving-the-economy/566387/
Ghost of Igloi wrote:
For your education Earnie, think long term benefit of country and not the short benefit of a few:
https://www.theatlantic.com/business/archive/2018/07/are-stock-buybacks-starving-the-economy/566387/
The economy is in great shape. Wages are up and consumer sentiment is high.
This article is a false flag. I’m surprised anyone would fall for it.
Brandt wrote:
long time (now disillusioned) reader wrote:
This thread is way past its "sell by" date, it's devolved into complete garbage.
It was great while Igy was banned. Now, not so much.
No kidding...he's a pretentious know it all.
Ghost of Igloi wrote:
Earnie(ings):
“It’s not a cause for concern yet. A lot will be priced in over the coming weeks, although it does kind of suggest that investors aren’t willing to reward large-cap equities” following strong results, said Martin Jarzebowski, portfolio manager at Federated Investors.
“The first two quarters of the year set a really high bar that will be hard for the third and fourth quarters of the year to follow through on, and that could represent a focal point for the market. Trade and strength in the U.S. dollar remain two international headwinds that could really dictate where profits go from here.”
Yes, you could site those as potential drags on the market. But you could just as easily note how today's news of more tariff threats from Trump and the weaker than expected job numbers did little to squelch the market enthusiasm. It just seems that this market takes it all in stride.... and marches higher.
seattle prattle wrote:
Fax matter wrote:
Let's review:
Iggy: "And FB down 26% in one week or annualized at 1,123%...."
Seattle: " Igy, those blinders, take them off. Even after the modest downturn of the last week, it is selling at exactly the level it was at about 9 weeks ago. And even after the modest downturn, it is up 86% in just a year!"
Now you claim you thought he was referring to Netflix? The discussion was about FB. I went back and re-read a few pages and found several references to FB but none to Netflix. Why would you have us believe you thought he was referring to Netflix
You know we can check those numbers too? The ones for Netflix.
Let's do it.
8/2/18 Opened at 337.23.
Nine weeks ago (63 days) was June 1, 2018. It closed at 359.93 on that date. Again 337.23 is not "exactly: 359.23. In fact, it is nearly a 7% drop.
Seattle. Can't you just admit you are a liar and not a very good one? Have a moment of honor?
I posted the comment regarding Netflix on 8/1/18. The high for that day was $344. On 5/29 the stock traded as low as $346. That's 9 weeks and a day to within a half percent of the $344.
Are you really this big of a jerk in real life or have you saved it up just for us?
No. You posted about FB and, when called on your massive lie, claimed to be posting about Netflix.
Sheesh. Just admit you got exposed.
seattle prattle wrote:
I posted the comment regarding Netflix on 8/1/18. The high for that day was $344. On 5/29 the stock traded as low as $346. That's 9 weeks and a day to within a half percent of the $344.
Are you really this big of a jerk in real life or have you saved it up just for us?
No. You posted about FB and, when called on your massive lie, claimed to be posting about Netflix.
Further, you posted at 7:49 PM on 8/1. So instead of tilting things to support your lie (the high on 8/1 vs. the low on 5/29), you should use the closing price on 8/1 and the closing price 9 weeks earlier-- which is actually 5/30, not 5/29 (another attempt to support your lie with yet another lie).
333.38 at close on 8/1 vs. 353.54 close on 5/30. Not quite "exactly" the same. A drop of over 5%.
God you and all you aliases are pathetic.
Ghost of Igloi wrote:
For your education Earnie, think long term benefit of country and not the short benefit of a few:
https://www.theatlantic.com/business/archive/2018/07/are-stock-buybacks-starving-the-economy/566387/
There was a time months ago when earnings weren’t so good and Igy used that info to be pessimistic about the market. Now that earnings are soaring, he’s using that info for the same purpose.
This guy is never happy.
Not true, there is a reason earnings are exploding: tax cuts and the resulting rising stock buybacks. It is not organic growth. Furthermore, stock valuations have remained elevated throughout this period, and in the case of some to historically extreme levels. A fake market driven by central bank policies. SEC and other regulators turn a blind eye to the non-GAAP EPS and enrichment of the corporate insiders, while unwitting investors blindly pour money into FAAMNG heavily weighted ETFs. There will be revisit to these and other policies when the next financial crisis hits. Pretty easy to see the connection in my mind and I am not alone in that view.
Igy
Ghost of Igloi wrote:[/
Pretty easy to see the connection in my mind and I am not alone in that view.
Igy
OK! So there are 2 people.
Can you say HUSSMAN?
Ghost of Igloi wrote:
Not true, there is a reason earnings are exploding: tax cuts and the resulting rising stock buybacks. It is not organic growth. A fake market driven by central bank policies.
Igy
Stock buybacks do not affect earnings.
What current FED policy is driving the market? Raising rates?
Earnings Growth: For Q2 2018, the blended earnings growth rate for the S&P 500 is 24.0%. If 24.0% is the actual growth rate for the quarter, it will mark the second highest earnings growth since Q3 2010 (34.1%).
Earnie wrote:
Earnings Growth: For Q2 2018, the blended earnings growth rate for the S&P 500 is 24.0%. If 24.0% is the actual growth rate for the quarter, it will mark the second highest earnings growth since Q3 2010 (34.1%).
I know. How refreshing to wake up to headlines in todays Budiness section of my local paper: "2Q profit better than expected"
Have a great weekend!
wondering wrote:
Ghost of Igloi wrote:
I can’t imagine too many people would go to that length of harassment. As if there is anything to gain. Why because that person has a sanguine view of the market? It is not as if anything I have posted is not routinely discussed every day in market commentary. Obviously this person has a deep seated hate for me which I really have no understanding why.
Igy
What “harassment “?
Bump.
Ed Umacate wrote:
Ghost of Igloi wrote:
Not true, there is a reason earnings are exploding: tax cuts and the resulting rising stock buybacks. It is not organic growth. A fake market driven by central bank policies.
Igy
Stock buybacks do not affect earnings.
What current FED policy is driving the market? Raising rates?
Stock buybacks do affect By lowering share count.
Central back policies do affect markets by causing investors to move up the risk curve. Sure that is changing somwhat and that is why housing may be rolling over.
wondering wrote:
wondering wrote:
What “harassment “?
Bump.
Twerp.
Ghost of Igloi wrote:
wondering wrote:
Bump.
Twerp.
I thought so.
purple martin wrote:
Ghost of Igloi wrote:[/
Pretty easy to see the connection in my mind and I am not alone in that view.
Igy
OK! So there are 2 people.
Can you say HUSSMAN?
Of course that is not true. But since you mentioned John Hussman let’s review what he has said today and in the past.
https://mobile.twitter.com/hussmanjp/status/1025782758893936640I thought so too.
Ghost of Igloi wrote:
Ed Umacate wrote:
Stock buybacks do not affect earnings.
What current FED policy is driving the market? Raising rates?
Stock buybacks do affect By lowering share count.
Central back policies do affect markets by causing investors to move up the risk curve. Sure that is changing somwhat and that is why housing may be rolling over.
Share count has precisely zero to do with earnings.
My question again since you danced around it: What current FED policy is driving the market?