Updating S&P 500 Annual Returns; Nasdaq Composite Still Testing The November '21 All-Time High

The Nasdaq closed back above the late November '21 all-time high of 16,212, closing at 16,349. The 24-year annual return for the S&P 500 is still just a touch above 7%. From 1970 through 2023, the arithmetic average of the S-P 500 in terms of annual return is 12.15%. The major tech stocks are still not trading at all- time highs.

Weekly Report: what happened at DDIV last week (0429-0503)?

S&P 500 Earnings Strong, And 'Upside Surprise' Higher Than Last Few Quarters

S&P 500 1%+ Gaps Higher

The Three 'Rs' Of Equities: Risk, Reward And The Role In A Portfolio

Investors wonder what current risk premiums portend for equity markets. Both interest rates and Treasury yields ratcheted upward with pernicious inflation. As long-term investments in real assets, equities deserve comparison to real risk premiums. We question whether real yields of 2% are sustainable for long- term investment.

Seagate Poised for Growth with Rising HDD Demand and Advanced HAMR Technology: Analyst

Wedbush analyst Matt Bryson upgraded Seagate Technology Holdings Inc (NASDAQ:STX) from Neutral to Outperform with a $100 price target. The re-rating reflected an improving nearline Hard Disk Drive (HDD) demand environment, the analyst says.

Weekly Report: what happened at DDIV last week (0422-0426)?

S&P 500 Earnings: The Upward Revisions Are A Big Positive

The S&P 500 earnings yield ended the week above 5% for the first time since January 19th. The "upside surprise" for this quarter's earnings was 9.5%. The upside revenue surprise was 1.3% through this week. This is the 5th week in a row of sequentially higher estimates for the S&p 500.

The Mag. 7: Concentrate Or Diversify?

The Mag. 7: Concentrate Or Diversify? David Kotok: What does an investor do? The Mag 7 has had a terrific single year and a good cumulative three years. The cumulative return of the Mag 7 stock package compared against the S&P 500.

Just A Correction, Or Is The Bull Market Over?

'No Rate Cut' Bear Scares S&P 500 Into Retreat

The S&P 500 fell again during the third week of April 2024. Main driving force behind the falling level of stock prices are slipping expectations for when and by how much the Federal Reserve will cut interest rates during 2024. The index has dropped 5.5% below its record peak closing value from 28 March 2024.

S&P 500 Earnings: So Far, The Pattern Is Typical, But Mega-Cap Earnings This Week Loom Large

So far, the typical earnings pattern for the S&P 500 is showing no signs of anything amiss. The mega-caps will simply trade at lower multiples than they have in the past few years. The hallmark of any bull or bear market is P/E expansion and contraction. The top 10-12 market cap names comprise roughly 24-25% of the s&p 500’s earnings weight. Mega-Cap Earnings this week are expected to be strong.

Weekly Report: what happened at DDIV last week (0415-0419)?

Brad Simpson On Rising Iran-Israel Tensions And The Implications For Markets

Turbulence Signaled By S&P 500 Dividend Futures Arrives

Where's The Downside Tipping Point For U.S. Stocks?

S&P 500 Sees More Fallout From Delayed Rate Cut Expectations

The repercussions of delayed rate cuts continued to shake out in the U.S. Stock market in the past week. The S&P 500 dropped a little over 1.5% from where it ended the previous week to close at 5,123.41 on Friday, 12 April 2024. Bad news came in the form of diminished earning expectations for big banks. The CME Group's FedWatch Tool now projects the Fed will hold the Federal Funds Rate steady until 31 July 2024.

Q1 '24 S&P 500 Earnings (And Johnson & Johnson): Expecting Another Normal Earnings Season

The "expected" Q1 '24 S&P 500 EPS growth has fallen to +2.7% as of Friday, April 12th. The “expected” quarterly growth rates follow a typical pattern. Only 29 companies have reported their Q1 ’24 earnings so far.

Equity Market Outlook Q2 2024: Extreme Distortions Everywhere - A Moment For Active Management

Home Market Outlook Today's Equity Market Outlook Q2 2024: Extreme Distortions Everywhere - A Moment For Active Management. Neuberger Berman: U.S. Economic growth has remained resilient and leads the world. Global Industrial Activity Is Picking Up While Early Signs Of Moderating Growth in Europe. We believe extreme market consensus presents a moment for active management.

Weekly Report: what happened at DDIV last week (0408-0412)?