• seattle prattle
      registered
      • RE: Down goes the Dow 8/4/2018 3:45PM - in reply to Ghost of Igloi
      • seattle prattle
        registered
      • Ghost of Igloi wrote:

        Ed Umacate wrote:

        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

        Stock buybacks do not affect earnings.

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

        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.
        Here is an excellent article from Forbes magazine on how stock buybacks may or may not affect stock price, "Three Things You Should Know About The Stock Buyback Furor"
        link: https://www.forbes.com/sites/beltway/2018/04/12/three-things-you-should-know-about-the-buyback-furor/
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/4/2018 3:49PM - in reply to Ed Umacate
      • Ghost of Igloi
        registered
      • 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
    • Ed Umacate
      • RE: Down goes the Dow 8/4/2018 3:51PM - in reply to Ghost of Igloi
      • Ed Umacate
      • Ghost of Igloi wrote:

        Ed,

        You first, how do you think EPS is calculated?

        Igy

        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.
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/4/2018 4:03PM - in reply to Ed Umacate
      • Ghost of Igloi
        registered
      • 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/secf...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
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/4/2018 4:04PM - in reply to Ed Umacate
      • Ghost of Igloi
        registered
      • Ed Umacate wrote:

        Ghost of Igloi wrote:

        Ed,

        You first, how do you think EPS is calculated?

        Igy

        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.

        See my responses. Answered in full.
    • Ed Umacate
      • RE: Down goes the Dow 8/4/2018 4:08PM - in reply to Ghost of Igloi
      • Ed Umacate
      • Ghost of Igloi wrote:

        Ed,

        You first, how do you think EPS is calculated?

        Igy

        Since you believe I need educating, please start by giving me the answer to your question.
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/4/2018 4:12PM - in reply to Ed Umacate
      • Ghost of Igloi
        registered
      • 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
    • Financial Advisor
      • RE: Down goes the Dow 8/4/2018 4:27PM - in reply to Ghost of Igloi
      • Financial Advisor
      • 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

        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
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/4/2018 4:29PM - in reply to Financial Advisor
      • Ghost of Igloi
        registered
      • Financial Advisor wrote:

        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

        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

        You shoukd be ashamed to call yourself a “financial advisor.”
    • Ghost of Igloi
      registered
    • Financial Advisor
      • RE: Down goes the Dow 8/4/2018 9:57PM - in reply to Ghost of Igloi
      • Financial Advisor
      • Ghost of Igloi wrote:

        Financial Advisor wrote:

        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

        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

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

        I am more the financial advisor than you are the second coming of Mihaly Igloi.
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 8/4/2018 10:10PM - in reply to Financial Advisor
      • Ghost of Igloi
        registered
      • Financial Advisor wrote:

        Ghost of Igloi wrote:

        Financial Advisor wrote:

        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

        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

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

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

        Huh?
    • Financial Advisor
      • RE: Down goes the Dow 8/4/2018 10:24PM - in reply to Ghost of Igloi
      • Financial Advisor
      • Ghost of Igloi wrote:

        Financial Advisor wrote:

        Ghost of Igloi wrote:

        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

        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

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

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

        Huh?

        You brought it up, not me. Don’t open the door if you’re afraid to step through.
    • Financial Advisor