S&P 500 Index Stock Discussion

Honestly, for the second quarter, according to FactSet, we are expecting S&P 500 earnings growth of 9.7%. For the Russell 2000, we expect to see a second quarter earnings contraction of 5.6%. That's not all, according to Jim Grant's Interest Rate Observer, for the trailing twelve months as of March 31st, Russell 2000 constituents generated an operating margin of 4.7%, while in aggregate, the membership of the S&P 500 posted an operating margin with a 13 handle. ...

Last night, U.S. stocks rose after Biden withdrew from the election, with the Nasdaq and S&P up more than 1% and the Dow up 0.32%. In the history of the United States after the war, there have been two incumbent presidents who gave up re-election, Truman in 1952 and Johnson in 1968. Both Democrats announced their withdrawal earlier, leaving more time for the party to adjust. However, in those two elections, the "successors" eventually lost to Republican opponents.
Last night, the U.S. chip, sem...

Amid discussions about the potential resurgence of the “Trump trade” following an attempt on former President Donald Trump’s life and the increasing likelihood of him securing a second term, seasoned investors advised retail investors to avoid making hasty changes to their portfolios.
“Do not make portfolio changes based on what you think the election is going to bring three and a half months before the election,” Jim Lebenthal, chief equity strategist at Cerity Partners, told CNBC. “In the las...