{"id":36814,"date":"2016-07-27T03:39:00","date_gmt":"2016-07-27T07:39:00","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=36814"},"modified":"2016-09-20T16:34:01","modified_gmt":"2016-09-20T20:34:01","slug":"dhunplugged-322-earnings-deluge","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2016\/07\/27\/dhunplugged-322-earnings-deluge\/","title":{"rendered":"DHUnplugged #322: Earnings Deluge"},"content":{"rendered":"

Investors are waiting for the Fed to help prop up markets as over 200 companies are scheduled to report earnings this week.\"dh07262016\"<\/a><\/p>\n

While 68% of companies are beating earnings, not so much discussion about the currency tailwind they are seeing. What happened to transparency?<\/p>\n

The RNC and DNC have some great scandals on their hands – if nothing else makes for some very entertaining times. Much more and plenty of ideas to chew on in this episode.<\/p>\n

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<\/span>Click HERE for Show Notes and Links<\/div>\n
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Trouble at the DNC – nice timing on the release of the emails by WikiLeaks<\/a>. DNC Chair steps down – (but now on Clinton Campaign?)<\/p>\n

– Can we discuss why they send emails for sensitive info that can get them in a bind?
\n– What is wrong with the people that write these types of things down?
\n– Is this a help to the Republicans?<\/p>\n

Blame the Russians: \u00a0 The FBI is investigating the cybertheft of emails from the Democratic National Committee amid concerns hackers working for Russia are attempting to use the breach to influence the presidential election.<\/p>\n

Bernie Sanders, who lost the nomination to Hillary Clinton, told his supporters it was important to vote for her to stop Donald J. Trump. Yet many booed that sentiment, and other protesters picked up on the Republicans\u2018 chant of \u201cLock Her Up.\u201d\u009d<\/p>\n

Looks like the RNC convention and the DNC email fiasco is lifting Trump in the polls<\/p>\n

Latest CNN Presidential Poll<\/strong><\/span><\/a><\/span><\/p>\n

The DNC started off with a bang! Michelle Obama provided a powerful speech…<\/p>\n

Final Roll Call – Clinton is the official Dem candidate!<\/p>\n

DNC Roll Call Count<\/strong><\/span><\/a><\/span><\/p>\n

Yahoo! (YHOO) core assets bought by Verizon (V) for just under $5 billion. Meyers stays on….But what is the benefit for Verizon? What is Meyers going to do with a simple holding company?<\/p>\n

Earnings this week – over 200 companies +\/- from S&P 500 are reporting this week. Including Apple, Facebook and other major names – what will this do for markets?<\/p>\n

Earnings season update – about 25% of the S&P companies have reported. Estimates are for a drop of 3.7% on a growth basis for earnings this quarter – better than the 5.5% estimated just a few weeks ago. 65% of companies have beat ES estimates and about 58% beat sales estimates. Current P\/E ratio on forward basis is still high at 17.5% given conservative estimates.<\/p>\n

Apple (AAPL) beats on EPS, in-line on revenue. All major metrics soft as compared to last year same quarter. (Stock up 6%)<\/p>\n

(Oh – 3rd straight quarter of sales\/revenue drop)<\/p>\n