smarter,
I provided you with historically accurate data in a scholarly article from the Department of Treasury showing equity valuation on three metrics near two standard deviations above the norm. In my book, that would mean less that 10% of the observations would likely be above that number.
You have provided nothing....zero....zip.
Igy
I provided exactly what you asked for and your resorting to straw man arguments can only be interpreted as meaning you don't have a leg left to stand on. I will now remove my foot from your throat.
...you're too weak for that...lift more, run more, read more.....
smarter investor 1, fake Igy 0
Igy Scorecard:
...you're too weak for that...lift more, run more, read more.....
Update:
smarter investor 1, fake Igy 0
The DGTD Scorekeeper 1, fake Igy 0
Igy update,
DGTD and smarter....don't waste your time...won't help....
Update:
smarter investor 2, fake Igy 0
The DGTD Scorekeeper 2, fake Igy 0
This is just so embarrassing. Grow up, kids.
U.S. stock futures on Thursday pointed to a muted open, with upside limited by a premarket drop by Cisco following its quarterly results.
Ahead of the open, investors are waiting for readings on jobless claims and a Philly Fed index, and are assessing Wal-Mart's earnings report.
S&P 500 futures shed 1.45 point, or 0.1%, at 2,178.75 while Dow Jones Industrial Average futures slipped 3 points to 18,538. Nasdaq-100 futures shed 6 points, or 0.1%, to 4,798.
On Wednesday, U.S. stocks closed slightly higher, shaking off losses as meeting minutes from the Federal Reserve showed policy makers remained divided on raising interest rates.
"The S&P 500 remains just below the recent high," said Sam Stovall, U.S. equity strategist at S&P Global Market Intelligence, in a note.
"The bias will remain bullish while above the nearby support zone at 2,159-2,175," Stovall added. "Even on a deeper pullback that breaches this nearest zone of support, there are lower supports at 2,134 and 2,115 where we would expect significant buying interest."
5 Reasons Why Stock Market Skeptics Look So Off Base
https://research.tdameritrade.com/grid/public/markets/news/story.asp?docKey=1-SN20160818007736
How,
It was hard to delineate the five reasons other than the market is up and it will continue. The author did admit to declaring prematurely back in January that we were in a Bear Market. The author declared the earnings recession is probably over. Little of the earnings data supports that view.
Igy
How can past data support a prediction of future earnings? That just doesn't make sense.
TECH IS KING OF THE MARKET
It has been a good earnings season for tech investors, to say the least: For the first time we know of, tech companies--specifically Apple Inc. (AAPL), Google parent Alphabet Inc.(GOOGL) , (GOOGL) Microsoft Corp. (MSFT), Amazon.com Inc. (AMZN) and Facebook Inc.(FB)--took the five top spots in market capitalization last month. Many of the tech giants, including older companies, saw boosts from efforts to grow beyond their core business, such as the boon many firms saw from cloud computing (http://www.marketwatch.com/story/tech-is-king-of-wall-street-thanks-to-the-cloud-2016-08-02).
"All these companies are investing in new revenue and profits that were not their core business years ago," said Jan Dawson, chief analyst of Jackdaw Research. "Clearly, some companies are saying our traditional core business isn't going to be around forever, so we need to diversify."
According to recent research by ClearPath Capital Partners, as of last Friday, 83% of the tech companies in the S&P 500 beat earnings expectations in the second quarter, compared with 70% of the S&P 500 companies that beat expectations overall. In the entire tech sector--including mid- and small-cap companies--ClearPath said 72% beat on earnings, versus 64% of the approximately 2,400 total companies that have reported. On revenue, 72% of tech companies in the S&P 500 beat expectations, while 54% of all companies in the S&P beat estimates for revenue.
Earnie,
Please "splain" why on 6/30/2016 2016 Q2 non-GAAP EPS was expected to be $28.32 and now is $25.89.
Igy
Say,
OK. Why don't you question Wall Street's projection of 2016 S&P 500 non-GAAP EPS of $110.85, when it has fallen from $125.56 since the start of the year, and it is currently tracking at $98.36?
Igy
52 week highs today for emerging markets
up 18% this year
of course everyone dumped them last year when everything looked terrible. So hard to be a contrarian.
agip,
Beat TLT up 15.45%.
Hey good to hear from you.
Running the Idaho Senior Games 5k road race in the morning. Shooting for 23:00. On the track two weeks ago, nothing great but competed: 1500m 6:23, 400m 85, 800m 3:22, and 200m 38. Marathoner turned sprinter.....????
Igy
Ghost of Igloi wrote:
agip,
Beat TLT up 15.45%.
Hey good to hear from you.
Running the Idaho Senior Games 5k road race in the morning. Shooting for 23:00. On the track two weeks ago, nothing great but competed: 1500m 6:23, 400m 85, 800m 3:22, and 200m 38. Marathoner turned sprinter.....????
Igy
good luck, friend.
Is the track event a one-off or are you going to focus on shorter stuff for a while?
agip,
After Saturday's 5k, I plan to go into a base building period for a couple of months. There is a good fall road race schedule here, and the weather is good. If that goes well I may get serious for next track season, indoor/outdoor. Although I love cross country, once it gets cold here (mid-November), the frozen uneven surface jacks-up hip. So probably better at my age to run the shorter faster stuff. During the winter months we have access to Boise State's Indoor Track a couple of times a week (November-March).
How is the cross country prep going?
Igy