Since the start of the rate hike cycle in 2022, regional business cycles have weakened, earnings growth has stagnated (S&P 500 2021-2024E EPS: $208-$225, ~2.5% CAGR), and the market has moved sideways averaging near our price target of 4,200 (2022 avg: ~4,100; 2023 avg: ~4,250). Equity concentration reached levels not seen since 1970s with a very narrow leadership, which is…
J.P. Morgan’s Quant Team 2024 U.S. Equity Outlook
A financial market resource for the every-day investor and trader.
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Alpha Insights Q417 Updated Earnings Estimates
Seth Golden, , Research Reports, 0
Aggregate Estimates and Revisions by David Aurelio Fourth quarter earnings are expected to increase 11.9% from Q3 2016. Excluding the...
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What’s EPS Got To Do With It?
Seth Golden, , Research Reports, 1
The S&P 500 (SPX) spent the week rising, shy of a hick-up during the ECB rate announcement, and ended...
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Will April & Earnings Season Change The Tide For The S&P 500?
Seth Golden, , Research Reports, 0
Investors are hopeful that April proves a better month for equities than did March and after closing out a...
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Morgan Stanley: Weekly Warm-up: Fed Hits Stocks but the Larger Risk Remains Earnings, Not Rates
Seth Golden, , Research Reports, 5
Chair Powell and the Fed make it crystal clear that their job fighting inflation remains unfinished. Ironically, while bonds...
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Weekly State of the Market: Has Nasdaq Found It’s Base?
Seth Golden, , Research Reports, 0
Welcome to this week’s State of the Markets. Please click the following link to review this week’s SOTM. In this week’s episode, we record live on...
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Sunlight & Warm Temperatures to Dampen COVID-19 Impact
Seth Golden, , Research Reports, 0
Market and Volatility Commentary S&P 500 back to highs? Quantifying Fed impact on the multiple; Sunshine – a factor...
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Weekly State of the Market: Who’s Definition Fits What Investor
Seth Golden, , Research Reports, 0
“During his tenure Lynch trounced the market overall and beat it in most years, racking up a 29 percent...