BIG OIL 4Q EARNINGS: Ouch!
BIG OIL 4Q EARNINGS: Ouch! Not a very good start, with Chevron missing consensus by a wide margin. Net income at ~$5bn in 4Q. Still, on an annual basis, it's the best profit result since 2014. And annual free cash …
earnings
Microsoft earnings are out – here are the numbers
by juaggo_ Microsoft reported earnings after the bell. Here are the results. Earnings: $2.48 vs $2.31 per share, adjusted, as expected by analysts, according to Refinitiv. Revenue: $51.73 billion vs $50.88 billion as expected by analysts, according to Refinitiv. After …
S&P 500 REAL Earnings Yield At -2.33% While REAL Wage Growth At -1.43% (REAL 30Y Mortgage Rate At -3.11%) “Weird, Wacky Stuff!”
by confoundedinterest17 As Parks and Recreation’s Martin Housely said, “Weird, wacky stuff.” We now have the S&P 500 REAL earnings yield at -2.33%. REAL US average hourly wage growth is at -1.43% and the REAL 30-year mortgage rate is at -3.11%. The …
PUTS on LULU (earnings date dec 9)
by mentalweapons Did you miss on the lotto puts on DOCU? Check lulu, another company that went sky high during the covid, that will see the reality wall soon and dump after earnings. 1) LULU has been witnessing supply-chain challenges, driven …
REAL Average Hourly Earnings Growth Falls To -1.378% YoY In November Jobs Report (Jobs Added Missed BIG At Only 210K, New Taylor Rule Estimate Is 15.50%)
by confoundedinterest17 Treasury Secretary Janet Yellen said yesterday that “It’s Fed’s Job to Avoid Any Wage-Price Spiral.” Well, The Fed is helping to avoid a wage increase in real terms, since the November jobs report revealed that REAL US Average Hourly …
Best Buy earnings top estimates but retailer’s stock tumbles amid weakening demand, shipping bottlenecks
https://www.cnbc.com/2021/11/23/best-buy-bby-q3-2022-earnings.html Earnings per share: $2.08 adjusted vs. $1.91 expected Revenue: $11.91 billion vs. $11.58 billion expected Best Buy shares are falling, despite the company beating third-quarter earnings expectations. The consumer electronics retailer saw sales jump during the pandemic, as Americans …
What’s Wrong With This Picture? M2 Money Growth “SLOWS” To 12.8% YoY As Real Earnings Growth Slows To -1.6% YoY (Will Omarova As Comptroller Make This Better??)
by confoundedinterest17 Highlights for Children has a popular segment called “What’s Wrong With This Picture?” I give you my economics version of “What’s Wrong With This Picture?” It features The Federal Reserve’s M2 Money year–over-year compared with Real Average Weekly Earnings …
Most anticipated earnings releases for the week beginning November 8, 2021
by RoastedChickenWings
Zillow says it’s closing homebuying business, cutting 25% of workforce; earnings miss estimates
https://www.cnbc.com/2021/11/02/zillow-shares-plunge-after-announcing-it-will-close-home-buying-business.html Zillow, the digital real estate company, said on Tuesday that it’s exiting Offers, its business that buys and flips homes, and eliminating 25% of its workforce. The announcement was attached to Zillow’s third-quarter earnings report. The company’s revenue and …
Fundamentally Speaking: 2022 Earnings Estimates Still Too Bullish
by Lance Roberts Fundamentally speaking, there are more than a few indications that 2022 earnings estimates are still overly exuberant. However, the bullish optimism currently supports rising stock prices. Such was a point I touched on in this past weekend’s newsletter: “Overall, …
so far into Q3 earnings, stocks that missed profit estimates lagged the S&P 500 by 4.4% the next day — the worst reaction since 2017
so far into Q3 earnings, stocks that missed profit estimates lagged the S&P 500 by 4.4% the next day — the worst reaction since 2017 great stat from @lena_popina pic.twitter.com/mz6mNeVIyQ — Katie Greifeld (@kgreifeld) October 21, 2021 What does this …
How to ACTUALLY play earnings
by HeinekenCoC NEVER BUY NAKED OPTIONS ON EARNINGS PLAYS. YOU ARE ALMOST ALWAYS BETTER OFF BUYING OTM DEBIT SPREADS. For example, lets take Tesla. I’m a bear on it and expect a 5-10% drawdown by next week. I can buy …
Banks report good earnings because they sold off their assets?
by laflammaster After my thesis from Fed’s H8 that the major banks have sold off their assets by 30% – 40% this week, I decided to look around to find more proof. I found DTCC’s data (LIC) that shows a …
Banks have had a solid earnings week…but never forget 2008! Look at the size of this bailout list
https://money.cnn.com/news/specials/storysupplement/bankbailout/ h/t Brawny_709
There were only two previous periods where the top 10-stocks contributed more than 25% to the earnings of the entire index. Probably Nuttin’
There were only two previous periods where the top 10-stocks contributed more than 25% to the earnings of the entire index. Probably Nuttin' pic.twitter.com/qtmBvjLT3E — Lance Roberts (@LanceRoberts) October 14, 2021 A flattening Treasury yield curve signals a U.S. recession …
Victory? US Real Average Hourly Earnings “Rise” To -0.8% YoY (Too Bad Real Home Prices Are Rising At 14.34% YoY Clip)
by confoundedinterest17 Good news on the wage front. Sort of . US REAL average hourly earnings rose in September to -0.8% YoY. Too bad that REAL home prices are growing at a 14.4% YoY clip. The Federal Reserve’s new motto: making …
Is The Stock Market Starting To Discount An Earnings Recession?
by jessefelder Earnings growth has been terrific over the past several quarters, proving a strong tailwind for stock prices. For astute market watchers, however, this should not come as any surprise. The decline in interest rates, oil prices and the …
S&P 500 Real Earnings Yield Goes Negative (As Technicals SCREAM Bubble) Mystery of The Flying Fed!
by confoundedinterest17 The stock market mildly rebounded from yesterday’s mild correction, but a glaring problem remains: S&P 500 real earning yields are negative. With all the Federal government fiscal stimulus and Federal Reserve monetary stimulus, we are seeing inflation and …
Earnings Alarm Bells Ringing; Signs of Fatigue… Junk-Debt Sales Soar Toward Record
(Bloomberg) — An alarming number of companies have warned that profits won’t meet expectations when they report in a month. The group, including PP Industries Inc. and Sherwin-Williams Co., are primarily materials producers that have struggled amid supply-chain disruptions. While …
August US Inflation At 5.3% YoY, Real Avg Hourly Earnings At -0.9% (Gasoline Up 42.7% YoY, Used Cars And Trucks Up 31.9% YoY, Home Prices Up 18.6% YoY)
by confoundedinterest17 US inflation remained about the same in August as it was in July. CPI YoY fell ever so slightly from 5.4% in July to 5.3% in August. Real hourly earnings remain negative. The source of consumer inflation? Gasoline prices rose …
WARNING: Depressed earnings’ yields have always led to very significant market meltdowns.
by elija_snow In 100+ years data: Such depressed earnings’ yields have always led to very significant market meltdowns. Great Depression. 1937-8 Recession. Tech Bust. Average return for the subsequent 3 yrs being close to -53%. Thinking the Fed can sustainably …
ROARING 20S: Stock Risks Pile Up After Record-Setting Earnings… Home Flipping Becomes Virtual Reality… KC Fed president: Tapering Should Begin ‘Sooner Rather than Later’
Stock Market Risks Pile Up After Record-Setting Earnings Season (Bloomberg) — Delta cases. Inflation. Fed tapering. China’s crackdown. These are among the reasons why investors could soon get more nervous about this stock market. The S&P 500 hit another record …
US Q2 GDP Prices Rise 6.10% Compared To Home Prices Rising At 16.61% YoY While Avg Hourly Earnings Rising At 4.70% YoY (UGLY Chart Warning!!)
by confoundedinterest17 For your viewing pleasure. Looks an awful lot like 2005 before the housing price crash, financial crisis and Great Recession. US home prices, HOUSING inflation, is growing at 16.61% YoY, GDP Price index QoQ (annualized) is growing at …
US Real Average Hourly Earnings “Rise” To -1.2% YoY While Core Inflation Decreases Slightly To 4.3% YoY
by confoundedinterest17 US inflation remains nears its highest level since 1991, but moderated slightly. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in July on a seasonally adjusted basis after rising 0.9 percent in June, the U.S. Bureau …
Earnings, Multiples, & Untold Truths About Forward Valuations
by Lance Roberts Earnings up, multiples down. Such seems to be a straightforward rationale for why investors should pile into markets as it enters a “new phase.” Such was the suggestion made recently by Yahoo! Finance anchor Myles Udland. “The stock market is …
US House Price Growth = 4x Average Hourly Earnings (Price Growth Will Be Forced To Slow Down)
by confoundedinterest17 In an article by Phil Hall for Benzinga, I laid out the case for slowing home price growth. In a nutshell, the Case-Shiller National home price index YoY is growing at times the rate of growth of average hourly …
Retail buyers went all in buying this dip. If market only goes up why not? Major earnings reporting next week…
Retail buyers went all in buying this dip. If market only goes up why not? Some volumes here 🚀 pic.twitter.com/zBMQ1iyGAa — Menthor Q (@MenthorQpro) July 24, 2021 https://twitter.com/farrisbaba/status/1418730318899597317 $VIX $VXX don't care about this rally in $SPX pic.twitter.com/sS9c5FbakD — Jim …