I concluded that the absolute value of corporate earnings does not consistently lead the stock market in a previous study. I.e. sometimes corporate earnings fall before the stock market falls, sometimes the stock market falls before corporate earnings fall. But what about the rate of change in corporate earnings? Does the change in corporate earnings GROWTH…
Let’s talk cryptocurrency. Mainstream coverage is going to be necessary for anyone other than millennials to think of it as an investment. Running length 00:36:39
For US stock traders and investors the last few months have ones which could best be described as interesting and exhilarating, with extreme volatility first driving the primary indices higher and lower with equal speed and momentum, and mirrored in the VIX which soared to over 37 in February, before returning to the relatively calm…
Tech fundamentals have been very strong. Capex trends are picking up. Demand is spreading out not just through Cloud/Hyperscalers but also deeper into more traditional companies. Shouldn’t this be catapulting the stocks? Let’s review. Multiple Drivers To Tech We’ve been writing that many major tech reporters saw accelerating revenues. Momentum investors usually love that. Here’s that list….
Posting fiscal Q2 earnings results after the closing bell Tuesday, The Walt Disney Company (DIS – Free Report) outperformed estimates on both top and bottom lines, and rather significantly. Earnings of $1.84 per share was well in front of the $1.68 in the Zacks consensus, while revenues of $14.58 billion easily outpaced the $14.23 billion estimated, up 9%…
Despite last month’s substantial revisions that wiped out most of “residual seasonality” from the seasonally adjusted revolving consumer credit series, it still remains for this year. The Federal Reserve staff eliminated the large swings in credit card use pivoting around the Christmas holiday. Consumers buy up a lot of stuff in advance of it, and…
A discussion on why Q1 earnings season isn’t getting the respect it deserves, and why a lot of that may have to do with the Q2 outlook. Audio Length: 00:46:26 This week on the Estimize Roundtable, Estimize’s CEO, Leigh Drogen and SVP of Media, Christine Short, are joined by DataTrek Research co-founders Nick Colas and…
As we highlighted in a prior post, when the dollar rallies, companies with domestic exposure tend to outperform their multi-national peers.Since small-cap stocks tend to have little in the way of international exposure, they tend to be a big beneficiary of dollar strength. Look no further than the relative strength chart of the Russell 2000 versus the S&P…
I noticed the strangest thing – if you look at the S&P 500 and Bitcoin, they are virtually in lockstep. Taking a closer look, just at this year, the correlation seems even tighter still: Why is this? Animal spirits? The public adulation for speculation running in parallel irrespective of asset class? It would seem so. And it would further…
Video length: 00:09:45 Stocks end the day flat as POTUS announces the withdraw of the Iran deal as expected. Historical volatility continues to be greater than implied volatility giving traders an opportunity to flip the iron condor the other way. Watch tonight’s video newsletter update for trading opportunities and an overlooked earnings announcement you’ll want…
