US Earnings

Posted on | by Leon Hinde | Leave a Comment on US Earnings

June quarter earnings: The market is expecting average EPS to be down 7% compared to the same time last year.

Week 2.

Tuesday, July 18 – Bank of America, Novartis, Morgan Stanley, and Lockheed Martin.

Wednesday, July 19 – Goldman Sachs, Tesla, Netflix, IBM, U.S. Bancorp, United Airlines, Las Vegas Sands, and Nasdaq.

Thursday, July 20 – Johnson & Johnson, Abbott Laboratories, Taiwan Semiconductor Manufacturing, Philip Morris International, Travelers, American Airlines, Capital One, and CSX.

Friday, July 21 – American Express, Schlumberger, AutoNation, and Huntington Bancshares.

Week 1.

Thursday, July 13 – PepsiCo and Delta Air Lines

Friday, July 14 – UnitedHealth Group, JPMorgan Chase, Wells Fargo, BlackRock, and Citigroup.

Citi Group remains one of our preferred bank holdings and we’ll review the earnings in more detail, following Friday’s result.

Russell Top 200 Growth ETF: Short Position

Posted on | by Leon Hinde | Leave a Comment on Russell Top 200 Growth ETF: Short Position

iShares Russell Top 200 Growth offers one way to capture short exposure to a correction in overpriced US growth stocks.

The iShares Russell Top 200 Growth ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit growth characteristics.

Consider the short side if the price break below $156.63