Guidance Is Also Strong
Just like the earnings beat rate this quarter, the percentage of companies raising guidance versus lowering guidance is also strong. As shown below, 12.6% of companies that have reported earnings this season have raised guidance, while just 2% have low...
Earnings Beat Rate At 70%
Only 150 companies have reported earnings since Alcoa kicked off earnings season earlier this month, and 70% of them have beaten analyst estimates for earnings per share. The earnings beat rate was 68% in the prior two quarters, so beating that number ...
Monday Bull Market Still Intact…For Now
For several weeks now, we have been highlighting the "Monday Bull Market" in the S&P 500. If today's gain holds, the S&P 500 will have started off the week with a positive return in 16 out of the last 18 weeks (89%). While weeks have had a tendency to ...
Sector and Stock Performance Since 1/19
The S&P 500 is down 5.08% since last Tuesday, and below we highlight the performance of the ten S&P 500 sectors since then as well. As shown, the Materials sector is down the most at -7.90%, followed by Financials and Technology both at -6.24%. Energy ...
This Week’s B.I.G. Tips Reports at Bespoke Premium
Below we provide the titles and thumbnails of the in-depth B.I.G. Tips reports we released this week. If any spark your interest, they are all available to our Premium subscribers. These are anticipatory, ahead-of-the-curve research reports that cover ...
Bernanke Falls Victim to The Magazine Cover Curse
We've all heard about the Sports Illustrated cover curse, where athletes pictured on the cover suddenly hit a slump or develop an injury, but what about the Time Magazine cover curse? Just one month after being named Time Magazine's Person of the Year,...
It’s Not the Size
Typically during market pullbacks, the smaller cap stocks get hit harder than the large, blue-chip names. This hasn't happened during the 3-day pullback we've seen since the close Tuesday. When breaking up the S&P 500 into deciles (10 groups of 50 stoc...
S&P 500 Now At Oversold Levels
It took all of three days for the S&P 500 to move from 2 standard deviations above its 50-day moving average to 1 standard deviation below its 50-day moving average. Will the Massachusetts election day not only mark a major turning point in Washington,...
% of Stocks Above 50-Day Moving Averages
While the S&P 500 broke below its 50-day moving average today, the percentage of stocks in the index above their 50-days still sits at 56%. Utilities, Telecom, and Materials are the only three sectors with less than 50% of stocks above their 50-DMAs. H...
Is the Rally Dead or Alive?
Last night, we asked readers whether they thought the S&P 500 would hold support at its 50-day moving average (DMA). After nearly 500 votes, the majority of readers (55.3%) think the rally is over and aren't looking for the index to find support at its...
How to Kill a Rally by Washington DC
On Tuesday the S&P 500 made a new bull market high, which put the index up 70% since the March 9th low. In just two days, the folks in Washington have done a number of things to stop this rally dead in its tracks and put the recovery in question. Ever ...
Will the 50-Day Moving Average Hold?
The S&P 500's sell-off over the last two trading days has brought the index within points of its 50-day moving average (DMA). The last time the index traded below its 50-DMA was on November 5th. Will this level provide support in this go around? What d...
