Earnings are coming in strong this week with Q121 S&P 500 EPS jumping over 400 bps. Interestingly enough, the PE ratio is currently sitting around 22.7x. It is currently lower than where it was at during year-end 2020 (23.6x) - all the while the S&P 500 is up more than 10% YTD 2021. Also, let's t...
The S&P continues its march to all-time highs. Back in December, we discussed the high probability that the S&P 500 would ascend into the 4000 marker. That trajectory came into fruition last week. But you as an investor may have missed it because you were busy listening to all the news regarding ...
Stocks finished Q121 with head whipping volatility and concerns over market bubbles, market correction, and inflation worries. We discussed a few of it already in our prior blogs. With all the headline noise, there is still a simple fact in the market right now. The S&P 500 has gained over 5.5% f...
After yet another manic week, the S&P500 and Dow Jones marched ahead hitting all-time highs to close out the week. Small-caps and the Nasdaq are lagging behind after being the big winners from the March 2020 lows. The first quarter of 2021 has been a case of volatility in the market but we are sit...
For the past month, Covid concerns have been replaced by interest rates and inflation as the new worries for the financial markets. Even with all this wall of worries, the market has been able to hit new highs as of this week (all except the Nasdaq). The interesting bit here is that there also hav...
Recent worries of rising rates, inflation increase, and calls of topping patterns by market pundits have engulfed the financial market. To further complicate matters, there has been worries regarding the steepening of the yield curve. The only problem with that comment is the yield curve trough oc...
In early February, the S&P 500 was trading above 3,884 and right now it looks like the market is blowing off some of that steam. With excessive speculation among investors and signs of an economic opening, markets pushed higher for the last few months. This past week, rates jumped higher which spa...
Q4 earnings thus far have been highly positive not just at home but on a global basis. In the U.S alone, out of the 70% of companies that have already posted earning reports, 85% have beaten their expectations. Not only is the high percentage of companies beating estimates outstanding but companie...
Well, so much for sticking it to the man. Last week, we mentioned the high speculation trade on GameStop (GME) and how it would soon turn out badly. GameStop's stock price soared on the Reddit rebellion and soon found itself falling back down to earth this week. As for the rest of the market and ...
Wall Street was feeling the squeeze this week when traders at Wall Street Bets successfully organized a short-squeeze which has left many traders with paper-rich shares. Now, with brokerage firms like Robinhood restricting trading in heavily shorted stocks (GameStop), it is now a question of not wh...
