earnings

Falling Oil Prices Haven’t Hit the Bank of Montreal’s (NYSE:BMO) Earnings—Yet

By Wednesday, August 26, 2015
Falling Oil PricesCanada’s fourth-largest bank will be experiencing more loan losses from energy companies this year and next if oil prices stay low, despite beating analysts’ estimates. Low oil prices have certainly taken their toll on the Bank of Montreal’s (NYSE:BMO) third-quarter earnings, but shares of the Canadian bank still managed to rise. According to William Downe, BMO’s Chief Executive Officer, the company’s major concerns are a limping Canadian economy and ongoing .

U.S. Economic Collapse: Growth in Share Buybacks Killing Job Numbers

By Friday, August 21, 2015
America Economic CollapseExecutives are spending billions buying back their own stock, but their efforts are slowing, destroying the American economy. A new report from Aranca Investment Research concludes that almost $2.3 trillion has been spent on buybacks since 2009, as corporate cash reserves have grown and borrowing costs have declined. More incredibly, over $1.0 trillion will be spent on corporate buybacks by S&P 500 companies in 2015, marking the fifth straight year .

NASDAQ: Stock Market Drops on Weak Earnings and Economic Data

By Monday, August 3, 2015
NASDAQ: Stock Market DropsGreece and China added quite a bit of uncertainty to the U.S. stock market. By around 10:30 a.m. E.T. on the first trading day of August, the Dow slipped more than half a percent, NASDAQ lost 0.2%, and the S&P 500 dropped 0.3%. In Greece, the stock market plunged 23% on its first trading day after a five-week shutdown. Banking shares are hit the hardest, with the country’s largest bank, .

Corporate Earnings: Second Quarter 2015 Worst Since 2009

By Friday, July 31, 2015
Corporate EarningsAs of July 24, 187 companies in the S&P 500 have reported their corporate earnings. For these 187 companies, their average decline in earnings has been 2.2%. If this is the final number, then it will be the biggest decline in quarterly earnings for the S&P 500 since 2009. (Source: FactSet, July 24, 2015.) But it may get worse. Only one-third of the companies in the S&P 500 have reported .

NASDAQ: Wall Street Opens Lower on Earnings and U.S. Economic Data

By Thursday, July 30, 2015
NASDAQMarkets are down on Thursday morning of July 30th. The NASDAQ slipped 0.62%, while the Dow and S&P 500 both lost around half a percent. The big news was from gross domestic product (GDP) data for the U.S. In the second quarter of 2015, U.S. GDP increased at an annual rate of 2.3%. Moreover, the Bureau of Economic Analysis also revised first quarter GDP from a 0.2% decrease to a .

NASDAQ: Technology Stocks Climb Amid Earnings Deluge

By Wednesday, July 29, 2015
NASDAQImage by Sami Keinänen
The NASDAQ is heading higher this morning despite some technology companies reporting less-than-stellar earnings. Both Twitter Inc. (NYSE/TWTR) and Yelp Inc. (NYSE/YELP) lost double digits. Meanwhile, precious metals continue to struggle, with gold tanking to below $1,100 an ounce. China’s stock market crash has been temporarily stopped, with the Shanghai Composite Index gaining 3.4% on Wednesday. It’s only a few hours away from the Fed’s Open
.

Here’s Why Yelp Inc. (NYSE/YELP) Tanked 29% Today

By Wednesday, July 29, 2015
Yelp TankedYelp Inc.’s (NYSE/YELP) stock price tanked more than 29% on Wednesday, July 29th after the company lowered its 2015 revenue guidance, signaling the entire social media business model could be in trouble. During the second quarter, revenue grew 51% year-over-year coming in at $133.9 million. Earnings per share (EPS) landed at $0.04, beating analysts’ expectations by $0.03 per share. (Source: Yelp. July 29, 2015.) Despite the good growth numbers, .

NASDAQ: China’s Stock Market Crash Sends Tech Stocks Plunging

By Tuesday, July 28, 2015
It’s still earnings season, and many companies are making double-digit moves. China’s stock market crash is still continuing, albeit at a smaller magnitude compared to yesterday. By 10:00 a.m. E.T., the S&P 500 Index was up 0.28%, while the NASDAQ and the Dow are also slightly higher. China’s crash has continued to affect shares of Chinese companies listed in the U.S., such as Alibaba Group Holding Limited (NYSE/BABA) and JD.com .

Here’s Why Pandora Media, Inc. (NYSE/P) Surged 13% on Friday

By Friday, July 24, 2015
Pandora Media Surged 13 PercentShares of Pandora Media, Inc. (NYSE/P) jumped more than 13% on Friday, July 24th, after the company’s earnings showed a surprising increase in listeners and ad revenue during the previous quarter. The leading Internet radio service recorded total revenue of $285.6 million, a 30% year-over-year increase. Pandora’s total advertising also grew 30% year-over-year, with its local advertising business increasing 67%. (Source: Pandora, July 24, 2015.) Despite increased competition from Apple’s .

Here’s Why Shares of TripAdvisor Inc. (NASDAQ/TRIP) Are Going Crazy This Morning

By Friday, July 24, 2015
TripAdvisorTripAdvisor Inc. (NASDAQ/TRIP) reported its second-quarter financials on Thursday July 24th. The company said its expenses rose in the second quarter, countering growth in revenue. Investors were disappointed with the results. Shares of TripAdvisor slumped 8.4% to $86.50 in pre-market trading after the company’s earnings missed expectations. The online travel booking company reported second-quarter earnings of $79.0 million, or 54 cents per diluted share, falling from the previous year’s .
Sep. 1, 2015
Trailing 12-month EPS for Dow Jones companies (Most Recent Quarter) $1014.15
Trailing 12-month Price/earnings multiple (Most Recent Quarter)

17.44

Dow Jones Industrial Average Dividend Yield 2.71%
10-year U.S. Treasury Yield 2.14%

Immediate term outlook:
The bear market rally in stocks that started in March 2009, extended because of unprecedented central bank money printing, is coming to an end. Gold bullion is up $1,000 an ounce since we first recommended it in 2002 and we are still bullish on the physical metal.

Short-to-medium term outlook:
World economies are entering their slowest growth period since 2009. The Chinese economy grew last year at its slowest pace in 24 years. Japan is in recession. The eurozone is in depression. With almost half the S&P 500 companies deriving revenue outside the U.S., slower world economic growth will negatively impact revenue and earnings growth of American companies. Domestically, America’s gross domestic product grew by only a meager 2.3% in the second quarter, which will negatively impact an already overpriced equity market.

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From: Michael Lombardi, MBA
Subject: Golden Opportunity for Stock Market Investors

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