What We Are Watching for This Earnings Season

Highlights:

The second quarter of 2013 is likely to mark another quarter of low to mid-single digit earnings per share growth.  We will be watching for key trends that may impact future quarters: fiscal drag, slower global growth, wider profit margins, rising buybacks, and higher interest rates.

Download the full Weekly Market Commentary article here: What We Are Watching for This Earnings Season

Jeffrey Kleintop, CFA
Chief Market Strategist
LPL Financial

Tracking #1-183493 (Exp. 07/14)

What’s It Worth?

Highlights:

Only three things have really mattered to the markets: the Federal Reserve’s stimulus, the outlook for earnings, and the labor market.

The movements in these three have been aligned on a week-to-week basis with stock market value about 90% of the time during this bull market.

As we move through the second half of the year, it is worth reflecting on what a change in each of these drivers is worth to the U.S. stock market.

Jeffrey Kleintop, CFA
Chief Market Strategist
LPL Financial

Tracking #1-176772 (Exp. 06/14)