Market Moves
Why 3Q Earnings May Undershoot Estimates
That has happened just once since 2009, but CFRA’s Stovall expects a re-run.
Tag: Sam Stovall
OK, When Will the Fed Begin Shrinking Its Bond Buying, Anyway?
Split views seen in FOMC minutes are vexing. So let’s hear what Wall Street strategists think.
Market Moves
Why the Market’s Breadth Might Mean a Downdraft After All
Wide dispersion in stock sectors suggests a slide ahead, says Sam Stovall, citing market history.
Asset Allocation
Greater Breadth Will Pull Stocks Out of Sideways Pattern, Stovall Says
As the tech stars dim, other sectors are charging upward, thus triggering the next breakout, CFRA sage declares.
Market Moves
Expect a Market Correction, Sam Stovall Warns
A bunch of indicators like high sector P/Es and king-sized margin debt suggest one is on the way, stock savant says.
Market Moves
December Should Be OK, Just Not Its Usual Top-Tier Self
Muted market gains this month, strategists say, are overshadowed by blow-out earlier months.
Market Moves
Rebound Rally Often Has a Dip—And That Would Come Around Election Day
A bouncing-back S&P 500 tends to drop by 5%, two-plus months after setting a new record, says CFRA’s Sam Stovall. Would this impact the presidential race?
Market Moves
Stock Market’s Rise Doesn’t Jibe with Overvalued P/E, Stovall Warns
CFRA sage likens investors to an ‘irresponsible teenager’ borrowing against dubious future allowances.
Market Moves
Trump Is No. 2 Earnings Grower Among Post-WWII Presidents
His 13.4% yearly corporate profit increase, admittedly over just three years, is bested only by Obama’s 26% over eight, CFRA’s Stovall finds.
Asset Allocation
Why Wall Street’s Ho-Hum Reaction to Iran? Déjà Vu
Stocks haven’t suffered much or taken long to recover in past conflicts.
Market Moves
A Nice November Portends a Great Market 2019 Finish, Says Stovall
Contrast the current situation with year-end 2018’s lousy showing.
Market Moves
Value Finally Has Its Day, but Will that Last?
Lower-cost stocks have outpaced hot-shot momentum plays since August.
Research
The S&P 500 Keeps Singing the Sour Earnings Song
After two small drops in 2019’s first two quarters, CFRA sees a 4.2% net income dive for the third period.
Market Moves
Market Shrugs at Government Shutdowns, Sam Stovall Says
Historically, the S&P 500 has been flat when federal functions grind to a halt, and the index is up 7.5% since the latest closure.
We’re in the Longest Bull Market in History, or Are We?
While Wall Street proclaimed a new record on Wednesday, another view holds that the celebration must wait until 2021.