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01
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Ghost of Igloi wrote:
Well, look at all the ignorant policies coming from the Fed, and other central banks. Politicians, Washington? Hollywood for ugly people. Better use your own brain, your own instincts, these people are stupid ideologues. Warren Buffett comes off as your friendly neighbor next door, while cutting back room deals. Long ago strayed from his value investment roots. Becky Quickies drool farm.
Fortunately we have someone like Igy here on this thread who is smarter than all of those he mentioned. 😅
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*applied economics wrote:
carmine9 wrote:
It's all a guess for those of us on the outside.
I am guessing the decline will continue and so have $ in ETFs that do that
It's nothing more than an educated guess for those on the inside too. Remember when top brass at Goldman Sachs were crying and begging at the feet of Warren Buffett? The only reason Goldman Sachs didn't suffer what occurred to Long Term Capital Management, Solomon Brothers, Bear Stearns and Lehman Brothers, W. Buffett had B.H. save G.S.
The got saved GS by propping up AIG with our $$
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Market really tanked the last few hours of the day.
What's up for Monday?
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carmine9 wrote:
Market really tanked the last few hours of the day.
What's up for Monday?
Sell off into close, I would expect a bounce. Personally, I was selling leveraged short ETFs into the close, hoping to buyback next week.
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Ghost of Igloi wrote:
carmine9 wrote:
Market really tanked the last few hours of the day.
What's up for Monday?
Sell off into close, I would expect a bounce. Personally, I was selling leveraged short ETFs into the close, hoping to buyback next week.
I am hoping fear grows over the week-end and we get a real sell off on Monday.
I am in the hole for the year but have reduced my loss to less than 4% YTD -- not bad given the market this year.
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Earnings Scorecard: For Q3 2022 (with 16 S&P 500 companies reporting actual results), 10 S&P 500 companies has reported a positive EPS surprise and 10 S&P 500 companies have reported a positive revenue surprise.
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Ghost of Igloi wrote:
Looks like you were asleep today, Earnie. :-)
Nope. Everything I wrote is factual. You should try it sometime.
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Earnie wrote:
Ghost of Igloi wrote:
Looks like you were asleep today, Earnie. :-)
Nope. Everything I wrote is factual. You should try it sometime.
You left this out of your copied factual FactSet report. Just like last week. I wonder why? You should try it sometime. Ha, ha, ha, ha……
“Given the decline in U.S. GDP in the first quarter and the second quarter, did analysts lower EPS estimates more than normal for S&P 500 companies for the third quarter?
The answer is yes. During the third quarter, analysts lowered EPS estimates for the quarter by a larger margin than average. The Q3 bottom-up EPS estimate (which is an aggregation of the median EPS estimates for Q3 for all the companies in the index) decreased by 6.6% (to $55.51 from $59.44) from June 30 to September 29.”
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01
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Ghost of Igloi wrote:
Earnie wrote:
Nope. Everything I wrote is factual. You should try it sometime.
You left this out of your copied factual FactSet report. Just like last week. I wonder why? You should try it sometime. Ha, ha, ha, ha……
“Given the decline in U.S. GDP in the first quarter and the second quarter, did analysts lower EPS estimates more than normal for S&P 500 companies for the third quarter?
The answer is yes. During the third quarter, analysts lowered EPS estimates for the quarter by a larger margin than average. The Q3 bottom-up EPS estimate (which is an aggregation of the median EPS estimates for Q3 for all the companies in the index) decreased by 6.6% (to $55.51 from $59.44) from June 30 to September 29.”
I have been consistently posting - good or bad - the weekly Earnings Scorecard here for years. I leave nothing out of that paragraph. You are welcome to put your own spin on it, but don’t blame me for being fair and consistent.
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Earnie wrote:
Ghost of Igloi wrote:
You left this out of your copied factual FactSet report. Just like last week. I wonder why? You should try it sometime. Ha, ha, ha, ha……
“Given the decline in U.S. GDP in the first quarter and the second quarter, did analysts lower EPS estimates more than normal for S&P 500 companies for the third quarter?
The answer is yes. During the third quarter, analysts lowered EPS estimates for the quarter by a larger margin than average. The Q3 bottom-up EPS estimate (which is an aggregation of the median EPS estimates for Q3 for all the companies in the index) decreased by 6.6% (to $55.51 from $59.44) from June 30 to September 29.”
I have been consistently posting - good or bad - the weekly Earnings Scorecard here for years. I leave nothing out of that paragraph. You are welcome to put your own spin on it, but don’t blame me for being fair and consistent.
Your weekly post is worthless. Always selected bullish. Whatever, the market is delivering the real story.
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Ghost of Igloi wrote:
Earnie wrote:
I have been consistently posting - good or bad - the weekly Earnings Scorecard here for years. I leave nothing out of that paragraph. You are welcome to put your own spin on it, but don’t blame me for being fair and consistent.
Your weekly post is worthless. Always selected bullish. Whatever, the market is delivering the real story.
Oh, and the most insightful piece of information from the FactSet report was what I posted.
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Ghost of Igloi wrote:
Earnie wrote:
I have been consistently posting - good or bad - the weekly Earnings Scorecard here for years. I leave nothing out of that paragraph. You are welcome to put your own spin on it, but don’t blame me for being fair and consistent.
Your weekly post is worthless. Always selected bullish. Whatever, the market is delivering the real story.
I understand that you are not a fan of facts. Nothing is “selected”. It is exactly the same paragraph from their weekly report that I have been posting for years. Just skip over it, if you’re not interested. Why get triggered?
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Ghost of Igloi wrote:
Oh, and the most insightful piece of information from the FactSet report was what I posted.
I am glad that you learned something from my efforts.
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