Down goes the Dow

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Ghost of Igloi wrote:

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Ed Umacate wrote:

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Ghost of Igloi wrote:

Not true, there is a reason earnings are exploding: tax cuts and the resulting rising stock buybacks. It is not organic growth. A fake market driven by central bank policies.

Igy

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Stock buybacks do not affect earnings.

What current FED policy is driving the market? Raising rates?

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Stock buybacks do affect By lowering share count.

Central back policies do affect markets by causing investors to move up the risk curve. Sure that is changing somwhat and that is why housing may be rolling over.

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Ed,

If you read my statement I highlighted “central bank policies.” In that regard interest rate policies are cross border and the rates in Europe and Japan inflence ours at home. Besides the Fed may have raised interest rates but still maintains a balance sheet of $4.2 Trillion of QE. Here is a recent quote from Stephen Roach, former Chairman of Morgan Stanley Asia.

“The Fed’s preference for glacial normalization both in the early 2000s and now keeps monetary policy on emergency settings long after the emergency has passed. Doing so raises the distinct possibility that the Fed will lack the ammunition it will need to counter the inevitable next recession.”

I suggest you might want to look at the interplay between global interest rates and global quantitative easing. It is not only the rate itself but the liquidity that raises asset prices beyond normal valuation. Leads to unproductive use of resources (stock buybacks, unnecessary commercial real estate) and resulting slower economic growth.

Igy

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Ghost of Igloi wrote:

Ed,

You first, how do you think EPS is calculated?

Igy

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Ed,

You need to learn yourself up. I do not need to dance, you need to understand the subject better. For example here is Apple’s latest quarterly filing, often times referred to as an “earnings report.”

http://investor.apple.com/secfiling.cfm?filingID=320193-18-100&CIK=320193

If you examine it you will see that “ earnings” is an EPS number derived from Net Income and share count.

Poor try, I suggest you know your subject better before you enter the debate.

Igy

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Ed Umacate wrote:

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Ghost of Igloi wrote:

Ed,

You first, how do you think EPS is calculated?

Igy

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Earnings divided by shares. But you referred to “earnings”, not EPS. Please don’t tell me that you think they are the same thing.

Now answer my question. No dancing.

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Ghost of Igloi wrote:

Ed,

You first, how do you think EPS is calculated?

Igy

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Ed,

I guess your reading comprehension is affecting you ability to lean. From above:

“If you examine it you will see that “ earnings” is an EPS number derived from Net Income and share count.”

Igy

Please answer the question. No more dancing.

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Ghost of Igloi wrote:

Ed,

I guess your reading comprehension is affecting you ability to lean. From above:

“If you examine it you will see that “ earnings” is an EPS number derived from Net Income and share count.”

Igy

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Ed “dumb” Umacate....

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Financial Advisor wrote:

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Ghost of Igloi wrote:

Ed,

I guess your reading comprehension is affecting you ability to lean. From above:

“If you examine it you will see that “ earnings” is an EPS number derived from Net Income and share count.”

Igy

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Igy, just admit that you were wrong. You’re not fooling anybody.

What is 'Net Income - NI'
Net income - NI is equal to net earnings (profit)

https://www.investopedia.com/terms/n/netincome.asp

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Igy diversion = 🏳️

No, like you, ignorant posters.🇷🇺

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Ghost of Igloi wrote:

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Financial Advisor wrote:

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Ghost of Igloi wrote:

Ed,

I guess your reading comprehension is affecting you ability to lean. From above:

“If you examine it you will see that “ earnings” is an EPS number derived from Net Income and share count.”

Igy

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Igy, just admit that you were wrong. You’re not fooling anybody.

What is 'Net Income - NI'
Net income - NI is equal to net earnings (profit)

https://www.investopedia.com/terms/n/netincome.asp

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You shoukd be ashamed to call yourself a “financial advisor.”

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Financial Advisor wrote:

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Ghost of Igloi wrote:

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Financial Advisor wrote:

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Ghost of Igloi wrote:

Ed,

I guess your reading comprehension is affecting you ability to lean. From above:

“If you examine it you will see that “ earnings” is an EPS number derived from Net Income and share count.”

Igy

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Igy, just admit that you were wrong. You’re not fooling anybody.

What is 'Net Income - NI'
Net income - NI is equal to net earnings (profit)

https://www.investopedia.com/terms/n/netincome.asp

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You shoukd be ashamed to call yourself a “financial advisor.”

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I am more the financial advisor than you are the second coming of Mihaly Igloi.

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Ghost of Igloi wrote:

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Financial Advisor wrote:

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Ghost of Igloi wrote:

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Financial Advisor wrote:

[quote]Ghost of Igloi wrote:

Ed,

I guess your reading comprehension is affecting you ability to lean. From above:

“If you examine it you will see that “ earnings” is an EPS number derived from Net Income and share count.”

Igy

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Igy, just admit that you were wrong. You’re not fooling anybody.

What is 'Net Income - NI'
Net income - NI is equal to net earnings (profit)

https://www.investopedia.com/terms/n/netincome.asp

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You shoukd be ashamed to call yourself a “financial advisor.”

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I am more the financial advisor than you are the second coming of Mihaly Igloi.[/

Huh?

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No idea what you are talking about.

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Ghost of Igloi wrote:

No idea what you are talking about.

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No, I have been on to you all along....loser....