OEF News and Press, iShares S&P 100 From 09/16/20

Yesterday marked the 12-year anniversary of the Lehman Brothers bankruptcy, an infamous lowlight of the financial crisis and the resultant Great Recession. With the globe embroiled in a very different crisis a dozen years later, it is interesting to see how the market leaders have evolved sinc...

Let's start this week by looking at last week's fund flows from ETF.com : Slightly more than $4 billion flowed into the SPY, indicating investors clearly view the current correction as a dip. Conversely, nearly $600 million left the IWM. Note the interesting split in the bond market: $230 mi...

At the recent Jackson Hole Economic Summit, Jerome Powell unveiled the Fed's new monetary policy designed to create inflation. In today's #Macroview, we will discuss the 5 reasons why the Fed will not get inflation, and why deflation is the bigger risk. The current assumption is that the Fed...

It took just over six months to reach an all-time high again, but the S&P 500 ( SPY ) has now set new records for five straight trading sessions. Including dividends reinvested into the market, the S&P 500 is approaching a 10% total return on the year (+9.2%), an amazing result given t...

The S&P 500 ( SPY ) had its best quarterly performance (+20.5%) since the fourth quarter of 1998. That means that there were limited "losers" with only 6 companies (1.2% of the index) producing a double digit percentage loss on the quarter. In a sharply rising market in the second quarter,...

In the second quarter of 2020, the S&P 500 ( SPY ) produced its best quarterly return (+20.5%) since the fourth quarter of 1998, during the inflation of the tech bubble. Of course, this performance comes on the heels of the first quarter of 2020, which produced the worst quarterly return (...

Next week, readers will see the "quarterly bump" in the forward four-quarter estimate with the key metric expected to rise from $127.98 this week to the low $140 area as the forward estimate period will cover Q3 '20 through Q2 '21. Looking at the forward S&P 500 EPS curve , the revisi...

The "forward 4-quarter" S&P 500 estimate this week came in at $128.45 versus $128.32 from last week for the first sequential improvement in the "forward 4-quarter estimate" since the week of January 17, 2020. The forward 4-quarter estimate covers the period from Q2 '20 through Q1 '21, ...

So far anyway, although there is another four weeks until Q2 '20 earnings start, here is how 2019-2021 S&P 500 EPS look: 2021: $164.00 (current estimate for full-year 2021 S&P 500 EPS) 2020: $125.48 (current estimate) 2019: $162.93 - actual I've written the l...

Using Refinitiv's Earnings Aggregates published this morning, Friday, May 22nd, 2020, and updating our spreadsheet, readers can see the continued decline in the rate of erosion in forward estimates, which - all other things being equal - should be very much a positive for the S&P 500 and t...