Jeb | October 26, 2009
General Market Comment: October 26, 2009
The earnings season continues beat estimates . . . 81% of the 199 S&P 500 companies that have reported have beaten estimates! One would have easily bet that the percentage would have declined this week from the 79% reported last week. The average percentage “beat” is up 18.1%. This data [...]
Jeb | October 18, 2009
General Market Comment: October 19, 2009
The earnings season is not disappointing so far. There are 135 companies of the S&P 500 reporting this week. Here is how the companies that have already reported have fared versus their estimates. So far 79% have beaten estimates. The average percentage “beat” is up 23.8%. This data is courtesy [...]
Jeb | October 11, 2009
General Market Comment: October 12, 2009
Here come earnings! No need to say much about the market other than Q3 earnings reports are upon us. Here is what Bespoke Investment Management had to say about the upcoming earnings season last week on their blog.
Analysts at Most Bullish Level in Two Years “ . . . analysts [...]
Jeb | October 4, 2009
General Market Comment: October 5, 2009
Last week was full of economic data. This week will be full of earnings data as the Q3 earnings season gets kicked off. The market has had a pretty run of the mill correction so far – not unlike what preceded the Q2 earnings season. The labor numbers last week [...]