Unless you live under a rock or just simply missed the memo, then you already know we’re smack dab in the middle of earnings season.
When I sat down to film this video, around 200 S&P 500 companies had reported their third-quarter results.
Total earnings and revenue were up 37.6%, so the proportion of these index members beating both earnings-per-share and revenue estimates is 61.4%. But looking at the calendar year as a whole, earnings are projected to climb 44.4% on 11.6% higher revenue.
So I’ve been pleasantly surprised by this data. In fact, there are a few large-cap stocks standing out on their own this go-round...
Our day-to-day lives are busy, so we don’t get to listen to earnings calls live very often. But for the sake of the Global Energy Crisis and Fortune Research Head Trader Matt Warder’s Weekly Watchlist, we made an exception.
Coal producer Arch Resources kicked off the industry’s earnings season by releasing Q3 results Tuesday morning.
By the numbers, it looked kind of “meh” at the outset, beating on revenue but missing on earnings per share.
Once the analysts started to ask questions, though, things got juicy…
And Matt believes it’s going to affect us in a big way.
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you’d like to see rankings for! All you have to do is reply directly to this email with your tickers!
The holidays are coming at us fast — during a time when volatility is historically high — and Joy of the Trade Head Trader Jeff Zananiri and I have our eyes on a few cyclical holiday stocks.
Is the Energy Stocks Rally Behind Us? 2 Picks to Hold
October 28, 2021
I’ve received a ton of emails the past few weeks asking me if I think the rally we’re seeing in the Energy sector is likely to continue... or fade away.
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