One Thing No One Ever Talks About within the S&P 500 Index | FANG Stocks 1 Rest of Market 0

Broken Pie Chart

English - April 06, 2023 16:41 - 46 minutes - 42.7 MB - ★★★★★ - 16 ratings
Investing Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Fed Tightening and Easing All at Once? | How Wrong Were Analysts on Earnings?

Next Episode: Can The Fed Fail? | Q1 Winners Surprise the Crowd

Derek Moore and ZEGA CEO Jay Pestrichelli are back together to debate the dollar, markets, earnings, and more. Plus, they discuss one aspect of S&P 500 Index estimates that no one ever talks about. Then, MSFT, META, AAPL, GOOGL, and AMZN have driven all the YTD gains in the S&P 500 Index compared to the rest of the market. Finally, they discuss whether the market is still keying off the US Dollar level, S&P 500 profit margins, and more.

US Dollar still wagging the tail of the stock market?

Correlations of US Dollar to Equities (S&P 500 Index)

S&P 500 Index profit margins come off record highs.

What would declining profit margins mean for earnings?

Historical growth of S&P 500 Index revenues

What no one ever talks about within the S&P 500 Index

S&P 500 Index constituent changes – out with the old in with the new

What does the S&P 500 Index divisor mean relative to S&P 500 Index total market cap?

2022 negative EPS on S&P 500 Index driven by multiple and margin contraction.

EPS growth through margins, revenue, and share count.

Silicon Valley Bank and Signature bank get boot from S&P 500 Index

Quarterly rebalancing of S&P 500 Index