Q2 2010 Earnings Call

November 4, 2009 11:00 am ET

F1Q10 (Qtr End 6/30/09) Earnings Call

August 05, 2009 11:00 AM ET

At the end of each trading week, Hillbent scans for the equity market for potential anomalies which exhibit extremely oversold and overbought conditions. Past observations have revealed that such candidates may experience reversal corrections to the upside or downside once the market reconfirms that their fundamentals remain solidly intact or relatively poor. From a contrarian perspective, these lists may also serve as a precursor to changes in institutional sentiment and underlying fundamentals.

(The purpose of this report is not to provide specific recommendations, but instead serve as a time-saving reference tool and starting point for investment ideas as the upcoming trading week unfolds. Of course, the results generated are not always perfect and users are strongly encouraged to perform their own due diligence on these names. Note that overbought and oversold conditions are based upon proprietary algorithms and quantitative models instead of conventional technical analysis indicators. As a supplement to this report, please refer to our Market Condition Summary to determine if market direction trends support a bullish or bearish investment bias over short-term, intermediate, and long-term timeframes.)

At the end of each trading week, Hillbent scans for the equity market for potential anomalies which exhibit extremely oversold and overbought conditions. Past observations have revealed that such candidates may experience reversal corrections to the upside or downside once the market reconfirms that their fundamentals remain solidly intact or relatively poor. From a contrarian perspective, these lists may also serve as a precursor to changes in institutional sentiment and underlying fundamentals.

(The purpose of this report is not to provide specific recommendations, but instead serve as a time-saving reference tool and starting point for investment ideas as the upcoming trading week unfolds. Of course, the results generated are not always perfect and users are strongly encouraged to perform their own due diligence on these names. Note that overbought and oversold conditions are based upon proprietary algorithms and quantitative models instead of conventional technical analysis indicators. As a supplement to this report, please refer to our Market Condition Summary to determine if market direction trends support a bullish or bearish investment bias over short-term, intermediate, and long-term timeframes.)

According to Bespoke Investment Group, the companies on this list have incurred the biggest changes in their EPS estimates over the past month. We took the top/bottom 10 companies (excluding financials) on the list and provided our outlook on these firms based on their attractiveness from a valuation standpoint and the sales growth expectations embedded in their current stock price. The companies on this list with an attractive valuation and reasonable expectations for growing sales are the companies we believe are the most likely to outperform.

It is important to note that earnings are important but not sufficient for evaluating a firm’s ability to create wealth and the shortcomings of EPS alone, take a look at a recent article titled EPS Incresed…Company Underperformed? For a more comprehensive approach to valuation, we suggest you look at the following strategy of how The Applied Finance Group finds value.

Sentiment

Stocks are trading broadly lower heading into the final hour of trading Friday. With no economic data on the calendar and not much corporate news to move the market, the major averages opened flat and traded in a narrow range throughout the morning session. Some sellers surfaced midday, however, and the Triple Witch options expiration might be fueling a bit more volatility than normal as well.

BofA (BAC) is the biggest loser in the Dow Jones Industrial Average after the Financial Times reported that the bank was directly linked to Merrill writedowns, which contributed to Merrill's $15.3 billion loss in the last quarter of 2008. BAC is down 10.5 percent to $6.20. AmEx (AXP), Caterpillar (CAT), and JPM (JPM) are also among the Dow's biggest losers, and the industrial average is down 100 points.

F3Q09 (Qtr End 12/31/08) Earnings Call

February 04, 2009 11:00 AM ET

F2Q09 Earnings Call

November 5, 2008, 11 am ET

Market Analysis Commentary:  Relative Price Volume Momentum Tracks scans the Russell 3000 components for stocks that are moving up or down on relatively strong surging volume. Such stocks may signal institutional buying or selling and have a tendency to continue further in their current market direction. From a contrarian perspective, buying and selling on extreme volume also has a tendency to produce short term reversals of a stock’s market direction on the following day of trading.

Moving Up on Surging Volume

F1Q09 Earnings Call

August 6, 2008 11:00 am ET

In today’s world, the stock markets are too volatile for the traditional investor to buy a stock and leave it in a portfolio until retirement. Without constant monitoring, there is a risk of losing the entire investment.

Making money in the U.S. and Canadian stock markets requires that an investor constantly buy and sell company stocks.

F4Q08 (Qtr End 03/29/08) Earnings Call

May 7, 2008 11:00 am ET

F3Q08 Earnings Call

January 30, 2008 11:30 am ET

In a typical "nothing is ever as good as it sounds" scenario, the productivity rise in the fourth quarter marked a reversal from the third quarter's deterioration, but the 2.1 percent gain for all of 2006 was still the smallest improvement since 1997. Further, there is concern that the latest productivity figures will be revised lower down the road, as a result of higher employment growth.