The market continues to grind higher with this past week bringing record highs for both the Dow Jones and S&P 500 Index. Additionally the NASDAQ closed at its highest level in nearly 15 years. As we near the end of 4th quarter earnings season, the overall tone of the reports continues to improve with growth… Continue reading Enjoy the Short Term Growth While Preparing to be Selective
Tag: PE ratio
Q1 2014 Earnings Season Overview & Change in Leadership
As we approach the end of the first quarter earnings season, we are able to report that 91% of the companies in the S&P 500 have reported, with 75% of those reporting earnings above the mean estimate and 54% reporting sales above the mean estimate. The blended earnings growth rate is 2.2%. Seven sectors have… Continue reading Q1 2014 Earnings Season Overview & Change in Leadership