Expectations vs reality.....
http://www.alhambrapartners.com/2017/04/12/is-it-other-than-madness/
Expectations vs reality.....
http://www.alhambrapartners.com/2017/04/12/is-it-other-than-madness/
Earnings Scorecard: As of Thursday (with 6% of the companies in the S&P 500 reporting actual results for Q1 2017), 76% of S&P 500 companies have beat the mean EPS estimate and 59% of S&P 500 companies have beat the mean sales estimate.
Earnie(ings) Fact Check:
Here is the actual S&P 500 data:
https://us.spindices.com/documents/additional-material/sp-500-eps-est.xlsx
One can see that earnings clearly peaked September 30, 2014 when the S&P 500 closed at 1,972. The optimistic projections for 2017 EPS is another hoax formulated by those that believe there is never not a time to buy stocks. And of course this fantasy is inflated further by the use of operating earnings or non-GAAP numbers as over emphasized by our friend Earnie.
Igy
Ghost of Igloi wrote:
Expectations vs reality.....
http://www.alhambrapartners.com/2017/04/12/is-it-other-than-madness/
I think you mean "estimates vs expectations."
How can a projection be a hoax?
By creating a narrative.
Gruntz wrote:
How can a projection be a hoax?
Really?
Yes thank-you agip for toughing it out.
I found la gente and maserati to be particularly interesting posters because they would give their reasoning or thinking, la gente market-based and maserati socially-based.
While most of us play within the numbers, they seemed to take a look from outside, especially maserati who was maybe a bit too far outside sometimes.
But it was worth a read.
WTF happened to this thread? I tried reading back a few pages to catch up on recent posting, and it was like the lunatics were in control of the asylum!
Is the current Ghost the original Ghost, or has someone taken his place?
Ghost of Igloi wrote:
A former regular wrote:It's good to know that there's still at least one sane voice out there. Thank you, agip, for keeping it real.
Of course for you "keeping it real" is making sure there is always a Bullish slant.
I'd have to say that the vast majority of articles posted here have a bearish slant.
B. Hathaway wrote:
Yes thank-you agip for toughing it out.
I found la gente and maserati to be particularly interesting posters because they would give their reasoning or thinking, la gente market-based and maserati socially-based.
While most of us play within the numbers, they seemed to take a look from outside, especially maserati who was maybe a bit too far outside sometimes.
But it was worth a read.
WTF happened to this thread? I tried reading back a few pages to catch up on recent posting, and it was like the lunatics were in control of the asylum!
Is the current Ghost the original Ghost, or has someone taken his place?
I don't even want to speculate on what is going on in this thread. It's beyond my imagining.
Igy is still Igy, although can't guarantee every Igy post is the real Igy.
Maser pops up, claims a major investing triumph and then disappears. When the market moves up 5% we'll get him back saying he got in just before the rise. But I believe he is out right now.
Gente is gone...although I'm pretty sure he uses a few different handles.
Big Dog is gone
the trolls have wrecked the thread as they wreck everything on lrc.
it's not dead but it's 80% 'you stole my handle and you are the bad guy' sort of stuff.
Ghost of Igloi wrote:
Earnie(ings) Fact Check:
Here is the actual S&P 500 data:
https://us.spindices.com/documents/additional-material/sp-500-eps-est.xlsxOne can see that earnings clearly peaked September 30, 2014 when the S&P 500 closed at 1,972. The optimistic projections for 2017 EPS is another hoax formulated by those that believe there is never not a time to buy stocks. And of course this fantasy is inflated further by the use of operating earnings or non-GAAP numbers as over emphasized by our friend Earnie.
Igy
I don't "over emphasize" anything. I merely try to post the weekly earnings as reported by Factset. You're the one who gets his panties all in a wad because those numbers don't fit your narrative. Don't shoot the messenger.
The Moderators blocked the Detector Dude from stealing my handle. He does post using my wife's name, which is strange. I doubt whether others have experienced such personal attacks. Of course perhaps it should be expected when one is open to who they are, but it does not justify that behavior. One can choose to accept these things or confront them.
What's going to happen when the markets re-open? Did they over-react to the bomb yesterday?
Let's just ignore the detector guy and all his aliases.
but i checked wrote:
Let's just ignore the detector guy and all his aliases.
In respect to others, I will do my best.
Igy
file this in the 'things gente never told us" category.
The US has never been a larger portion of the MSCI all world index. Since its fonding in 1988.
I would never have thought that - I thought the rest of the world was becoming MORE a part of the world market cap. Not less.
mark that one as another in the 'america is not declining' list.
It's probably a sign that it is time to start buying non-american stocks tho - given the massive growth around the world and the slow growth here...the rest of the world is probably going to catch up now.
I'm sure the op was trying to convey a message to readers over 4 years ago that a major drop in the market was going to happen soon. I'm sure after 4 1/2 years he would admit his prediction was BS. Igy should do the same. Obviously, his stubborness will prevent him from doing this until the end of time.
Not a friend of anti-semites wrote:
But it's ok to converse with K5?
Post reported
[quote]Mellon wrote:
I'm sure the op was trying to convey a message to readers over 4 years ago that a major drop in the market was going to happen soon.
Nope. I am the OP and I feared that the inevitable major drop was approaching in August of 2013 (@ 3 + 2/3d years ago). Which is a far different thing than a message....only phony financial advisors and stock salesman make predictions.
I'm sure after 4 1/2 years he would admit his prediction was BS.
Again, it was not a prediction per se but a suspicion. The suspicion was posted in August of 2013 which means it will not be 4.5 years old until Feb of 2018. R U so sure there will not be a crash in the next ten months?
A major crash is coming. The question is when.
The OP was Klondike5. Please try harder, Igy.