1.Bond Bear??..10 Yr. Breakout ..Long-Term Breakout Above 3%. Highest levels since 2011
10 Year Yield
Topley’s Top Ten – October 3, 2018
1.More Money Losing IPOs than 2000.
Stock investors are welcoming money-losing companies into the public markets this year with open arms.
About 83% of U.S.-listed initial public offerings in 2018’s first three quarters involve companies that lost money in the 12 months leading up to their debut, according to data compiled by University of Florida finance professor Jay Ritter. That is the highest proportion on record, according to Mr. Ritter, an IPO expert whose data goes back to 1980.
IPO Market Has Never Been This Forgiving to Money-Losing Firms
Money-losing companies are going public at a record rate as investors hunger for new issues
https://www.wsj.com/articles/red-ink-floods-ipo-market-1538388000?tesla=y
Topley’s Top Ten – October 2, 2018
1.Buybacks Still Higher Than Capex
Tax Cuts and Increased Repatriation Increasing Both But Buybacks Leading.
Topley’s Top Ten – October 1, 2018
Topley’s Top Ten – September 28, 2018
1.The Big Question..Can Earnings Keep Growing at these Levels?
And analysts are turning a bit more cautious on corporate profits. This chart shows Bloomberg’s consensus estimate of the S&P 500 earnings per share for the next twelve months.
