Ok, we've all seen how respectful, honest, and informative this thread can be when the trolls are away. Lets recommit to ignoring this childish behaviour and send a strong message to Igy. Don't feed the troll(s)!
Ok, we've all seen how respectful, honest, and informative this thread can be when the trolls are away. Lets recommit to ignoring this childish behaviour and send a strong message to Igy. Don't feed the troll(s)!
Well said.
Well said.
Earnings Scorecard: As of Friday (with 99.6% of the companies in the S&P 500 reporting actual results for Q2 2017), 73% of S&P 500 companies have reported positive EPS surprises and 70% have reported positive sales surprises.
Gruntz wrote:
Karnack Magnificent wrote:The 5th of September at 10:33 am ET.
Is that specific enough?
Given your record, it's a safe bet that it WON'T happen then.
Courageous call. That the collapse will not begin at exactly 10:33 AM on 9/5/17. How do you do it?
Earnie wrote:
Earnings Scorecard: As of Friday (with 99.6% of the companies in the S&P 500 reporting actual results for Q2 2017), 73% of S&P 500 companies have reported positive EPS surprises and 70% have reported positive sales surprises.
EPS stated above is non-GAAP.
So were the estimates. Try to keep up.
Non-GAAP EPS is over inflated.
Try to learn yourself up.
And so are the estimates. It's a wash.
Do you seriously not understand basic arithmetic?
Do you not understand that non-GAAP EPS percentage improvement for the quarter is 20-30 percentage points higher than GAAP EPS?
Do you even know what GAAP EPS is? Do you know that the CFO and CEO certify only GAAP accounting?
Do you really have anything to post other than your silly comments?
Not only did you completely miss the point, but you have also completely misrepresented the point of the original post. It doesn't matter if EPS is inflated if the estimates they are comparing it to is also inflated. This is 3rd grade arithmetic.
If 70% of the S&P 500 companies beat on non-GAAP EPS but only 40% on GAAP would you not consider that a significant difference? Is that not the same basic math you can't seem to comprehend?
What you don't seem to understand is that this is about the numbers that FactSet reported. Try to keep up.
If you want to report different numbers, do so under a separate heading. Stop trying to derail an honest discussion.
The fact that you are discussing only non-GAAP EPS is in fact dishonest. FactSet is a propaganda arm of the financial services industry that projects a idoctrine that there is never a time not to buy stocks.
Try to be smart.
Keeping up with your nonsense is foolish.
You might want to read the original post these two are discussing before commenting. Maybe that way you won't come across as clueless.
I wonder, which refiner had no exposure to Harvey !
http://www.powerplantjobs.com/ppj.nsf/Refinery2?OpenForm&cat=Texas&count=1000
This Week:
Valuations, Sufficient Statistics, and Breathtaking Risks
"Current extremes present what I view as one of the three most important opportunities in history to defend capital. My sense is that many investors will squander this opportunity until yet another bubble implodes. To be very clear about my estimate of that risk, I expect the completion of the current cycle to wipe out the entire gain of the S&P 500, in excess of Treasury bills, all the way back to March 2000, and more likely back to roughly October 1997. That outcome would not even take our most reliable valuation measures below historical norms that they’ve approached or breached by the end of every market cycle in history."
By John P. Hussman, Ph.D.
President, Hussman Investment Trust
More hot air and nonsense. I can't believe people actually pay this guy to write this tripe.
Pray he is wrong.
Huh? He tells us nothing of value.