1st Q 2016 S&P 500 Earnings As-Of April 7th
8 of 22 beat on GAAP
19 of 22 beat on non-GAAP
14 of 22 beat on sales
stock buybacks adding 4% tailwind to earnings
Official earnings season starts today with Alcoa.
Igy
1st Q 2016 S&P 500 Earnings As-Of April 7th
8 of 22 beat on GAAP
19 of 22 beat on non-GAAP
14 of 22 beat on sales
stock buybacks adding 4% tailwind to earnings
Official earnings season starts today with Alcoa.
Igy
China miracle or mirage:
Igy
Financial sector earnings are likely to grab headlines this coming week, but there’s also important data on the way that may help give investors a better reading of the U.S. economy. And crude oil continues to be a big factor in the stock market’s ups and downs.
One key data marker is March retail sales early Wednesday. So far this year, this benchmark has delivered mixed results, but traditional brick and mortar stocks have done well. In February, retail sales fell 0.1%.
There’s also the Producer Price Index (PPI) on Wednesday morning, and the Consumer Price Index (CPI) on Thursday. Both PPI and CPI fell in February, but core CPI, which excludes volatile food and energy components, rose in both January and February, and was up 2.3% year over year through February, the largest year-over-year gain in nearly four years.
Useless post without the details and their interpretation.
Don't fall for this kind of garbage.
Igy, many parts of China are hellholes. Go there and see for yourself.
It's a nightmare.
Another Maserati post that's short on facts.
You expect details and interpretation before the data is available?
Maserati,
I heard the same from friends. The wife could care less about traveling and I am neutral to the same. So China travel is unlikely. More likely to go to the Oregon coast, Revelstoke, Canada or Hawaii.
Igy
Maserati,
I don't pay much attention to CPI and PPI. There is too much noise in the numbers. Atlanta GDPNow and the Cleveland Fed Stress Index give trends that I believe have more reliability.
Those MarketWatch posts are nonsense.
Igy
econ:
Small business optimism index: bad and dropping. This has been a steady drumbeat of discontent for a few months now.
Redbook same store sales: +1.1% y/y. A low number but better than we've been seeing lately.
import export prices...generally deflationary but rising energy prices have skewed them to positive.
BTW, it appears that today, the theory that the market follows oil is carrying the day.
Up around 165 so far.
JP Morgan starts bank earnings before market open Wednesday:
http://www.reuters.com/article/us-banking-results-idUSKCN0X70VU
Igy
Maserati wrote:
BTW, it appears that today, the theory that the market follows oil is carrying the day.
Up around 165 so far.
A "theory" posted days ago by MarketWatch.
Looks like the imposter is back.
I know tomorrow is another day, but so far it's been a good week for CHK. I expect Igy will continue to poo poo the company, but at the moment it's worth almost 3x what I paid for it less than two months ago. If only they were all like this!
Big,
As I said before, I have no particular opinion on the company other than I would choose the debt over the equity. I am glad you have done well on the stock.
Igy
Pointing Out the Obvious wrote:
Looks like the imposter is back.
Yep.
The k5 defector is up to his same ole crap.
Lifetime ban?
Big Dog Investments wrote:
I know tomorrow is another day, but so far it's been a good week for CHK. I expect Igy will continue to poo poo the company, but at the moment it's worth almost 3x what I paid for it less than two months ago. If only they were all like this!
woof
back to mostly negative econ news after a few more positive days
retail sales not good: +1.0% y/y excl gas and autos
producer prices +1.0%. meh.
inventory glut is still a major problem: highest sales/inventory rate in 7 years and not improving.
Mortgage apps surged: +8.1% y/y