April 3, 2021 | Daily JAM, MGM, QSR, WH |
This week will bring positioning for what’s looking like a record quarter for earnings growth for the first quarter of 2021 that’s likely to keep the stock market trend pointing upward. The first earnings report for the quarter are due from the big banks on April 14 and 15.
On April 1 FactSet reported that the bottom-up analyst earnings projection for the stocks in the Standard & Poor’s 500 for the first quarter had climbed 6% as the quarter itself progressed. That’s the biggest increase in analyst projections since FactSet began tracking quarterly bottom-up earnings estimates in the second quarter of 2002. Normally, analyst estimates slip downwards as the quarter progresses with the average decrease of the last five years at 4.2%
What we’re looking at the the possibility of an almost unbelievable surge in earnings in the first quarter of 2021, the second quarter, and for the whole year–caused by year-to-year comparisons with the pandemic recession in these quarters of 2020.
April 1, 2021 | Daily JAM, MGM, QSR, Videos, WH |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. The seventeenth YouTube video “3 picks for earnings” went up today.
September 29, 2020 | Daily JAM, KCAC, Mid Term, Special Reports, Volatility |
Yikes. Does this market have enough volatility for you? And I think that volatility will only get worse over the next two to six months, I can't remember a market with so much potential to move up or down in big relatively short-term volatility as this one. Just as...
April 22, 2020 | Daily JAM, QSR, Stock Alerts |
There was that little detour for the complete and utter meltdown in the oil market, but now I'm resuming my plan to sell into the "re-opening the economy rally." That rally is in its last stages I believe, with its life extended by another coronavirus rescue bill, the...
October 24, 2019 | Daily JAM, Stock Alerts |
On October 22 McDonald's (MCD) reported third quarter earnings of $2.11 a share. That was a big 11 cents a share below Wall Street expectations. Revenue of $5.43 billion for the quarter was up just 1.1% year over year and $40 million below Wall Street consensus. The...
August 29, 2019 | Daily JAM, QSR, Stock Alerts |
Today I'm raising my target price for Restaurant Brands International (QSR) because I think the new Popeye's chicken sandwich has legs. A social media storm has accompanied the introduction of a new chicken sandwich at Popeye's to compete with Chick-fil-A that has led...
April 4, 2019 | Daily JAM, QSR, Stock Alerts |
My apologies. Sometimes the bookkeeping in my portfolios gets a little complicated and I miss an entry. On February 20 I made Restaurant Brands International (QSR) the first pick in my Special Report on JubakAM.com "10 stocks for a market worried about an earnings...
February 20, 2019 | Daily JAM, Special Reports |
The U.S. stock market is worried about an economy recession--two consecutive quarters of negative GDP growth--and an earnings recession--two consecutive quarters of negative growth for the stocks in the Standard & Poor's 500. Neither is certain. But of the two an...
