Thomson Reuters data pours cold water on the likelihood of a continued climb for stocks from...


Thomson Reuters data pours cold water on the likelihood of a continued climb for stocks from current lofty levels. S&P 500 Q4 earnings growth is running at 8.4%, or 5.3% if Apple’s results are excluded; 43 S&P companies have issued negative EPS pre-announcements for the current quarter vs. 12 positive - the 3.6 negative to positive ratio is the largest showing since 2001.
Comments (5)
  • Bear Bait
    , contributor
    Comments (922) | Send Message
     
    Is this a bearish comment? I don't think I'd bet the farm on it going either way.
    3 Feb 2012, 05:28 PM Reply Like
  • bbro
    , contributor
    Comments (11217) | Send Message
     
    Lofty levels??..S&P 500 trades 1.27 times sales....last years high
    was 1.35
    3 Feb 2012, 05:33 PM Reply Like
  • Robin Heiderscheit
    , contributor
    Comments (3153) | Send Message
     
    BBRO: do you have a long term chart for this? Thanks!
    4 Feb 2012, 09:19 AM Reply Like
  • Tom Armistead
    , contributor
    Comments (6205) | Send Message
     
    Only 5.3% growth? Growth of corporate earnings continues to outpace growth of GDP. These companies are getting a progressively bigger piece of the pie.
    3 Feb 2012, 05:40 PM Reply Like
  • Econdoc
    , contributor
    Comments (2938) | Send Message
     
    idiotic

     

    stocks are rallying because the risk premium is coming in.

     

    multiple expansion

     

    E
    3 Feb 2012, 09:31 PM Reply Like
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