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Insightful market commentary from a fresh perspective.
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15-year Bull Markets: Signs Of a Potential Major Top (or Not) And Knowing What Hasn’t Worked

September 21, 2025 Brian Gilmartin Leave a comment

It’s difficult writing market articles of a longer-term perspective, since readers can interpret the content many different ways. Yesterday, this…

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Posted in: Apple (AAPL), CSCO, GE, Secular Bull Market

SP 500 Earnings: Scary Charts – Don’t Forget to Pay Attention to Asset Classes that Haven’t Worked in the Last 15 Years

September 20, 2025 Brian Gilmartin Leave a comment

This week, The SP 500’s forward 4-quarter estimate (FFQE) rose to $284.21, versus last weeks $284.02. The PE on the…

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Posted in: Secular Bull Market, Technical Analysis

Yield Curve Steepened Last Week, While the US Equity Indices Became Very Overbought

September 13, 2025 Brian Gilmartin Leave a comment

While Treasury yields have rallied sharply over the last three weeks (since the end of August) it looks like the…

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Posted in: 10-year Treasury yield, FOMC meeting, stock market sentiment

SP 500 Earnings: 2026 Expected SP 500 EPS Hasn’t Wavered Much from Expected 14% Growth Rate

September 12, 2025 Brian Gilmartin Leave a comment

If readers click on and expand the following spreadsheet, its shows the weekly progression of SP 500 EPS estimates (since…

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Posted in: SP 500 EPS "rate-of-change"

SP 500 Earnings: Continued Upward Pressure on Forward SP 500 Estimates

September 8, 2025 Brian Gilmartin Leave a comment

To say that we are in an unusual period for SP 500 earnings isn’t an exaggeration given the continued upward…

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Posted in: Market breadth, Nvidia (NVDA), ORCL

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Fundamentalis

  • 15-year Bull Markets: Signs Of a Potential Major Top (or Not) And Knowing What Hasn’t Worked
  • SP 500 Earnings: Scary Charts – Don’t Forget to Pay Attention to Asset Classes that Haven’t Worked in the Last 15 Years
  • Yield Curve Steepened Last Week, While the US Equity Indices Became Very Overbought
  • SP 500 Earnings: 2026 Expected SP 500 EPS Hasn’t Wavered Much from Expected 14% Growth Rate
  • SP 500 Earnings: Continued Upward Pressure on Forward SP 500 Estimates

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