carmine9 wrote:
Apparently if the jobs report shows more jobs added than expected, the market will drop.
Let's go jobs
Nice.
Job report drops.
Market drops
carmine9 wrote:
Apparently if the jobs report shows more jobs added than expected, the market will drop.
Let's go jobs
Nice.
Job report drops.
Market drops
Currently positive for the week after a bad start on Monday (and Tuesday until Musk tweeted).
Ghost of Igloi wrote:
Earnie posts the dumbest canned data each week. Week weekly. :-)
Oh, the irony!
This post was removed.
How is FactSet going to spin this? Earnie will let us know.
Igy, what is behind this obsession with Earnie? It seems all he does is post a weekly quote from Factset. Why does that trigger you so? After all, you have been perhaps the most prolific poster here of sourced material (Hussman, Zerohedge, etc.).
Having a great day.
Market getting hammered
We are extremely close to index levels exactly 168 hours ago.
Earnings Scorecard: For Q3 2022 (with 20 S&P 500 companies reporting actual results), 14 S&P 500 companies have reported a positive EPS surprise and 13 S&P 500 companies have reported a positive revenue surprise.
I knew it. :-)
September inflation report due next Thursday I believe.
If it comes in even marginally higher than expected (anyone know what that is?), that would be very good for me.
Yep.
Made some $$ this week anyway thanks to Elon's tweet on Tuesday that sent twitter stock up over 20%...I sold just before closing on Tuesday
LoL the same people who made SARK made an inverse Cramer ETF. Igy will you buy this?
Investor noob wrote:
LoL the same people who made SARK made an inverse Cramer ETF. Igy will you buy this?
Yes, I will once it starts trading. Shorts will jump all over it. Biggest stock carny ever.
Earnie wrote:
Earnings Scorecard: For Q3 2022 (with 20 S&P 500 companies reporting actual results), 14 S&P 500 companies have reported a positive EPS surprise and 13 S&P 500 companies have reported a positive revenue surprise.
From the same FactSet report, and more relevant to the current trend in markets. Decidedly different in tone, and importance:
“During the past week, the estimated earnings growth rate for the S&P 500 for Q3 2022 decreased to 2.4% from 2.8%. Downward revisions to EPS estimates for companies in the Financials sector were the largest contributor to the decline in the earnings growth rate during the past week.
The estimated earnings growth rate for the S&P 500 for Q3 2022 of 2.4% today is below the estimate of 9.9% at the start of the quarter (June 30), as estimated earnings for the index of $480.2 billion today are 6.8% below the estimate of $515.1 billion at the start of the third quarter. Ten sectors have recorded a decrease in expected (dollar-level) earnings due to downward revisions to earnings estimates, led by the Materials, Communication Services, Consumer Discretionary, and Information Technology sectors. On the other hand, the Energy sector is the only sector that has recorded an increase in expected (dollar-level) earnings due to upward revisions to earnings estimates.”
Oh, and ha, ha, ha, ha ha……
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HSGFX up 16.39% YTD #2 out of 200 funds long-short equity