Earnings Scorecard: For Q1 2020 (with 15 companies in the S&P 500 reporting actual results), 12 S&P 500 companies have reported a positive EPS surprise and 12 S&P 500 companies have reported a positive revenue surprise.
Earnings Scorecard: For Q1 2020 (with 15 companies in the S&P 500 reporting actual results), 12 S&P 500 companies have reported a positive EPS surprise and 12 S&P 500 companies have reported a positive revenue surprise.
Earnie wrote:
Earnings Scorecard: For Q1 2020 (with 15 companies in the S&P 500 reporting actual results), 12 S&P 500 companies have reported a positive EPS surprise and 12 S&P 500 companies have reported a positive revenue surprise.
That won’t last long.
Airlines getting hammered further... How bad will it get? How long before they come back up? Is the future of airline travel in danger?
Like many other areas of the economy, there are going to be a lot of garage sales this fall.
Given a 1-2 year position, the airlines are a great buy right now. Could be some bankruptcies but the industry will recover as a whole and everything is way undervalued rn.
Dow poised to dip under 21k
Uncle B wrote:
Dow poised to dip under 21k
...for the third time this week. It recovered after the previous two and undoubtedly will again.
Beau Jiznitz wrote:
Uncle B wrote:
Dow poised to dip under 21k
...for the third time this week. It recovered after the previous two and undoubtedly will again.
But in the end trade under that level for several years....
Ghost of Igloi wrote:
Beau Jiznitz wrote:
...for the third time this week. It recovered after the previous two and undoubtedly will again.
But in the end trade under that level for several years....
It already did.
Return to under 10,000 as well. Beau geste.
Ghost of Igloi wrote:
“This is all wishful thinking. It’s all part of the delusion. It’s not going to be fine. Because it wasn’t fine before the crisis. We didn’t have a solid economy. We had a bubble. That’s the problem. And the bubble has been pricked. There is no way to go back to where we were. It’s like trying to unscramble an egg. It can’t be done.”
—Peter Schiff
Schiff is insufferable. He's been fear mongering for decades, and will likely be the first to say "I told you so" if the economy is locked in a trap. He'll mention something asinine like "fiat and Fed driven bubble" without also mentioning that secular stagnation doesn't give a sh** about either. Just another Austrian who sees gold only for it's long term stability rather than its economy destroying constraints in the short term.
Igy, your predictions that are being passed off as not only inevitable, but as fact, and quite emphatically, comes across like you are trying to train a bad dog. "No! Bad Dog! Bad Investment! No Returns for Bad Dog!
Honestly, your projection about the market direction from here is an opinion. Other opinions exist and hold some credibility, especially if considering a long enough time frame.
seattle prattle wrote:
Igy, your predictions that are being passed off as not only inevitable, but as fact, and quite emphatically, comes across like you are trying to train a bad dog. "No! Bad Dog! Bad Investment! No Returns for Bad Dog!
Honestly, your projection about the market direction from here is an opinion. Other opinions exist and hold some credibility, especially if considering a long enough time frame.
No, actually my statement is far more than an opinion, more reliable than anything you have posted, and is based on metrics that actual have a history.
Igy or whomever,
If I felt the market was going to continue to plunge (for whatever reason)... what would be the best way to capitalize with a broad index fund? I don't want to short a particular stock or industry. I am aware of SH (S&P short index) are their others that might be better or would that be my best investment?
Thank you for any input.
An interesting fund that has a short and bond component is PSSCX.
Thank you.
Just as for clarification, if I believe the market will go down I buy this fund and not short it, correct?.... the reason I ask is because today the S & P is off, but PSSCX is down not up.
Ghost of Igloi wrote:
An interesting fund that has a short and bond component is PSSCX.
Net expense ration of 1.92% Oh, mamma!
And in this market, all it can claim is a Trailing Total return of 8.18% for one month, and 6.34% for three month?
No thank you.
interested in opinions wrote:
Thank you.
Just as for clarification, if I believe the market will go down I buy this fund and not short it, correct?.... the reason I ask is because today the S & P is off, but PSSCX is down not up.
You are looking at yesterday’s return; it is a mutual fund, so NAV is calculated by 7:00 PM eastern. If you look at the history it does much better than being just short the market because it is managed and has a bond component. Don’t worry about the expense ratio; funny really when many who post here are down 2% just today.
Ghost of Igloi wrote:
Return to under 10,000 as well. Beau geste.
I assume you are joking, Beau.
Ghost of Igloi wrote:
Return to under 10,000 as well. Beau geste.
Is that target inflation adjusted? Let's say SP goes to 4000 but the purchasing value of the dollar is 10% what it used to be. Bears lose, Bulls lose.
I don't see DOW 10,000 with all the money printing and desperate attempts to backstop the market.