DON'T BUY
Doesn't have a bullish view on Crypto as an asset. Inverse trading strategy may be an option for investors. Will not invest in Bitcoin regardless. Impossible to time Bitcoin investment (lots of downside potential).
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COMMENT
Educational Segment. 106 out of 500+ companies have reported for Q2. Foretasted earnings are mixed. 60% of companies are beating expectations.
Unknown
COMMENT
Educational Segment. Energy earnings creating most of positive gains (up over 244% this year). Covid-19 pandemic aid reducing economic support in the economy. S & P 500 down even though earnings are rising. Expecting job losses as S & P 500 has fallen.
Unknown
COMMENT
Educational Segment. Historically 200,000 - 300,000 people get laid off every week. 400,000 - 500,000 layoffs per week would suggest recession. Nothing indicating this is the case yet. Large amount of room for layoffs in the economy.
Unknown
COMMENT
Recession fears fully baked in? We've seen a multiple contraction from 24x to 16x, but we haven't seen earnings come down a lot. This week will be very powerful for US earnings, especially big tech and industrials. Earnings are backward looking, so people will be looking at forward guidance. If people feel we're in a slowdown, that will affect how they think about earnings for the next couple of quarters. So we could see another leg down, but that's when you want to buy, as a lot of the information will be already in the market. People are comfortable with interest rates going higher, but they don't know where earnings are going. That's what's captivating the market until we get numbers from companies that are big market drivers.
Unknown
COMMENT
Earnings reports so far. If you look at the consensus number from analysts, things are higher, but a lot of that is just energy. If you take energy out, it's gone down. The banking industry is increasing reserves, which tells you that they're anticipating increased problems with loans. Companies may be having a more difficult time. People are wary of advertising revenues. Travel continues to do well, but it's coming off a very low base, and that's hard to see as sustainable over the next little while. Numbers this week will give better direction on US corporate earnings and guidance, and a broad spectrum of the US economy. Need to see clarity there, and then you can make a decision as to whether the market's making a bottom or not.
Unknown
WATCH
Trades about 15x earnings, 3.4% dividend yield. Not expensive. Fell on last quarter, due to supply chain issues and large deals slowing down. Investors were wary, as competitors didn't have these issues. Look at guidance when numbers are released in August.
electrical / electronic