Info Tech Leads Q1 Earnings Upgrades
S&P 500 earnings could record +12.5% y/y growth in Q1-2017, the best since Q3-2011. What’s hot? Info Tech. In Q1, it is clocking +15.8% annual earnings growth.
And what is HOT within Tech? Semis!
That’s the industry I focus on in May.The ratio of Nasdaq-to-S&P 500 share indexes is the now the highest it has been -- since Sept 2000.
Range-bound Oil Prices
NOTE: OPEC meets again, on May 25th.
Look back to look ahead. Booming global share markets after the U.S. election, in part, reflected hopes of an oil production deal. A deal eventually came to pass in late November when OPEC met in Vienna. A subsequent agreement between non-OPEC producers also cut supply in December.
That helped deliver a significant boost to crude prices.
What does this tight oil trading range portend for global markets?
The tight range means there is neither excessive fear nor greed available to oil producing countries in 2017. It also explains why Mexico recently sold off hedges on oil prices recently. They don’t want to suffer from any downside risk if this oil price story goes south.
The rise in U.S. rig count looks ominous, but this recovery to above 800 rigs is off a low number.
1,400 -- That’s the number of rigs seen in 2014.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging
phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Info Tech Leads Q1 Earnings Upgrades
S&P 500 earnings could record +12.5% y/y growth in Q1-2017, the best since Q3-2011. What’s hot? Info Tech. In Q1, it is clocking +15.8% annual earnings growth.
And what is HOT within Tech? Semis!
That’s the industry I focus on in May.The ratio of Nasdaq-to-S&P 500 share indexes is the now the highest it has been -- since Sept 2000.
Range-bound Oil Prices
NOTE: OPEC meets again, on May 25th.
Look back to look ahead. Booming global share markets after the U.S. election, in part, reflected hopes of an oil production deal. A deal eventually came to pass in late November when OPEC met in Vienna. A subsequent agreement between non-OPEC producers also cut supply in December.
That helped deliver a significant boost to crude prices.
What does this tight oil trading range portend for global markets?
The tight range means there is neither excessive fear nor greed available to oil producing countries in 2017. It also explains why Mexico recently sold off hedges on oil prices recently. They don’t want to suffer from any downside risk if this oil price story goes south.
The rise in U.S. rig count looks ominous, but this recovery to above 800 rigs is off a low number.
1,400 -- That’s the number of rigs seen in 2014.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging
phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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