by Proactive Advisor Magazine | Sep 21, 2022 | Topping the Charts
According to Bloomberg radio on Monday, Sept. 19, the average analyst estimate for the S&P 500’s closing level by year-end 2022 stands at 4,346. Based on the S&P 500 close at 3,873 on Friday, Sept. 16, that represents a very healthy rally of 12%...
by Proactive Advisor Magazine | Sep 13, 2022 | Topping the Charts
With the Q2 2022 earnings season complete for S&P 500 companies, data and analytics firm FactSet recently provided a summary of major highlights, which included the following: Overall, the S&P 500 companies reported Q2 earnings growth just above...
by Proactive Advisor Magazine | Aug 24, 2022 | Topping the Charts
Walter Todd, president and CIO at Greenwood Capital, told Bloomberg in a recent interview regarding the Q2 2022 earnings season, “Everybody is so happy that earnings were not as bad as we feared that they’ve forgotten the fact that they are actually...
by Proactive Advisor Magazine | Aug 10, 2022 | Topping the Charts
The big economic news last week was a jobs report that surpassed consensus estimates by a wide margin. Bespoke Investment Group wrote on Aug. 5, “Job growth absolutely smashed estimates as nonfarm payrolls rose 528k in July versus 250k expected;...
by Proactive Advisor Magazine | Jul 27, 2022 | Topping the Charts
June data for the U.S. housing market showed overall weaker trends in several different categories, while home prices continued to post gains. Existing home sales Existing home sales fell 5.4% in June, the fifth month in a row of declines and the...
