Earnie wrote:
I think you're saying FactSet is lying. Of course, that's crazy talk.
What you need to understand is that Igy never strays from his narrative, even if it requires him to flat out lie. Honesty and integrity are not part of his vocabulary. For him, it's all about making a buck.
There's nothing wrong with the Factset numbers. I can't say the same about Igy's.
Right there faker, but don't dare look it might scare you.....https://us.spindices.com/documents/additional-material/sp-500-eps-est.xlsx
Trews wrote:
Earnie wrote:I think you're saying FactSet is lying. Of course, that's crazy talk.
What you need to understand is that Igy never strays from his narrative, even if it requires him to flat out lie. Honesty and integrity are not part of his vocabulary. For him, it's all about making a buck.
There's nothing wrong with the Factset numbers. I can't say the same about Igy's.
Of course I'm right and you just proved it. Those numbers look a lot like the ones Earnie's posted, though his are more up to date.
That's not true, but you just want to be dick so go ahead and be one.
I have a lawn to mow fake one.
Ok, here are Earnie's numbers from Friday, May 12...
Earnie wrote:
Earnings Scorecard: As of today (with 91% of the companies in the S&P 500 reporting actual results for Q1 2017), 75% of S&P 500 companies have beat the mean EPS estimate and 64% of S&P 500 companies have beat the mean sales estimate.
And here are the numbers from May 4 courtesy of the link you provided...
Of the 409 issues with full operating comparative data
302 beat, 77 missed, and 30 met their estimates; 261 of 407 (64.1%) beat on salers
Why would you mow a fake lawn?
Oh, snap!
Trews wrote:
Ok, here are Earnie's numbers from Friday, May 12...
Earnie wrote:Earnings Scorecard: As of today (with 91% of the companies in the S&P 500 reporting actual results for Q1 2017), 75% of S&P 500 companies have beat the mean EPS estimate and 64% of S&P 500 companies have beat the mean sales estimate.
And here are the numbers from May 4 courtesy of the link you provided...
Of the 409 issues with full operating comparative data
302 beat, 77 missed, and 30 met their estimates; 261 of 407 (64.1%) beat on salers
Why would you mow a fake lawn?
Yes and operating earnings are the same as non-GAAP you dumb @$$.
Oh SNAP!
The point is that you lied when you stated that Factset embellished and inflated their numbers. Or are you suggesting that Silverblatt is guilty of the same?
And try to get over your infatuation with money and stop spelling words with dollar signs, dumbass.
Oh, snap!
Ghost of Igloi wrote:
Trews wrote:Ok, here are Earnie's numbers from Friday, May 12...
And here are the numbers from May 4 courtesy of the link you provided...
Of the 409 issues with full operating comparative data
302 beat, 77 missed, and 30 met their estimates; 261 of 407 (64.1%) beat on salers
Why would you mow a fake lawn?
Yes and operating earnings are the same as non-GAAP you dumb @$$.
Oh SNAP!
You were wise to surrender.
Oh, snap!
No, I proved you and your other handles wrong multiple times today. But you twist and squirm like an earthworm on hot concrete. That is your modus operandi. Faker. I bet you even dye your hair. Black if you are elderly and pink if you are young.
Oh SNAP!
Weak. You lied (again) and got called on it (again). Go steal someone else's handle and stop obsessing about my hair.
Oh, snap!
I think it is important to remember that just as there are different reporting criteria (GAAP v. non-GAAP), there are also different estimating criteria. Calling out someone for posting results of one criteria's comparison to the related estimates is just silly.
Just a little something to counteract the overwhelming market negativity espoused by the noisy bears here:
Buffett’s hero John Bogle explains why index investors need not fear a stock downturn
In equities close to 90% of the fund flows can be attributed to passive strategies, up from 7% 15 years ago. Turnover rates for the two most popular ETFs is 3,500%. In 2015 there 1,594 ETFs, up from 204 in 2005, all while the number of listed stocks has declined.
A portfolio loss of -25% would require a gain of +33.33% to get back to even. A portfolio loss of -50% would require a gain of +100% to get back to even.
agip wrote:
Ghost of Igloi wrote:Obvious ignorant statement of the Troll. A 1% rise in interest rates results in an approximate 10% loss in bond principal for a intermedite bond with a ten year term. The ETF TLT (20 Year plus Treasury) has lost about 20% since the low interest rates of July 2016. High quality short term bonds are the correct investment for this environment.
Igy
Igy ya calling me a troll?
come on man.
anyway, my point stands. Short term bonds pay nothing and are somewhat set by a government panel that has told us they will raise rates. Why own those? You don't get paid and you have been told rates will rise.
Interm and long term bonds MAY lose value, but at least you get paid something to wait, and their value is set by the market, not somewhat by a government panel.
I usually trust the market to set prices rather than a government panel, but feel free.
I'll put a note in my calendar to check back at the end of the year - which makes more money from today - BSV (short term bond index) or BIV (intermediate bond index)
I'm not predicting anything - I just don't see a good reason to own short term bonds. In a mutual fund anyway. Better to get 1% in a risk free savings account.
three month check in on this question - which will do better, short term bonds, intermediate or long term bonds.
for the last 3 months, total return, long term bonds have done best - people hiding away in short term bonds have given up quite a bit of return.
once again, the market has priced risk correctly and rewarded those who took on risk.
3m ending 05/14/17
Short term (BSV): +0.57%
Inters (BIV): +1.57%
Long term (BLV): +1.87%
BSV effective duration 2.78 years
BLV 15.13 years
Igy view: market has rewarded investors willing to undertake interest/duration risk
agip,
Hope you are well. I've been training hard for me and my age. Last week I had the most volume in years. A little dead legged.
Igy