Posts filed under “Data Analysis”

Earnings Season Progressing Nicely

Last week, we looked at how S&P500 companies were doing earnings wise via Birinyi Associates. The numbers were a touch soft (see Earnings Season Getting Underway).

This week teaches us a lesson in the dangers of extrapolation:  With 34% of S&P 500 companies reporting, the earnings picture looks much better (versus last week’s charts 11%).

The beats and misses are much more in line with the recent SPX earnings history, which has been the bulwark of the Bull’s case.   
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Spx_eps_beats

Charts courtesy of Birinyi Associates
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Mike Thomson of Thompson Financial has been the prime proponent of "Its all about earnings;" He has been clearly right so far.

The one dark cloud has been guidance: Its a but softer than it has been recently:

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Charts courtesy of Birinyi Associates

This may change further as reports come in; However, 34% is a much more signficant sample than 11%, and strongly implies earning will be consistent with previous quarters.

Category: Data Analysis, Earnings, Economy, Investing, Markets

Dissecting New Home Sales Data

Category: Data Analysis, Psychology, Real Estate

Existing Home Sales Are Fantastic!

Category: Data Analysis, Financial Press, Psychology, Real Estate

Q4 Data Doesn’t Add Up

Category: Data Analysis, Economy

Overvalued, Overbought, Overbullish

Category: Data Analysis, Investing, Markets, Technical Analysis

The Sordid Truth About Inflation

Category: Data Analysis, Federal Reserve, Fixed Income/Interest Rates, Inflation, Investing, Markets

Earnings Season Begins

Category: Data Analysis, Earnings, Investing, Markets

World’s Assets Hit Record Value Of $140 Trillion

Category: Data Analysis, Investing, Markets

More Evidence of the Housing Bottom ?

Category: Data Analysis, Real Estate

NAR: Home Prices Seen Rising in ’07

Category: Data Analysis, Investing, Psychology, Real Estate