Stock Market Briefing: S&P 5 Sectors & Industries Forward Earnings (Indexed) July 11, 218 Dr. Edward Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-536 jabbott@ Please visit our sites at www. blog. thinking outside the box
Table Of Contents Table Of Contents S&P Forward Earnings (Indexed) 1-12 July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
55 5 45 4 35 3 2 Figure 1. S&P Forward Earnings (Indexed) S&P 5 SECTORS FORWARD EARNINGS PER SHARE* (indexed to at 3-5-29) S&P 5 (153.8) Consumer Discretionary (541.1) Consumer Staples (71.7) Energy (1.) Financials (221.2) Health Care (132.) Industrials (134.6) Information Technology (3.6) Materials (187.7) Telecommunication Services (86.3) Utilities (26.5) 55 5 45 4 35 3 2 15 1 5-5 -1 29 21 211 212 213 214 215 216 217 218 219 15 1 5-5 -1 3 2 2 2 1 15 1 1 5-5 - -1 Figure 2. S&P 5 SECTORS FORWARD EARNINGS PER SHARE (ex-automobile industry)* (indexed to at 3-5-29) S&P 5 ex-autos (136.3) Discretionary ex-autos (189.1) Consumer Staples (71.7) Energy (1.) Financials (221.2) Health Care (132.) Industrials (134.6) Information Technology (3.6) Materials (187.7) Telecommunication Services (86.3) Utilities (26.5) 29 21 211 212 213 214 215 216 217 218 219 3 2 2 2 1 15 1 1 5-5 - -1 Page 1 / July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
6 55 5 45 4 35 3 Figure 3. S&P Forward Earnings (Indexed) S&P FORWARD EARNINGS PER SHARE: CONSUMER DISCRETIONARY INDUSTRIES* (indexed to at 3-5-29) S&P 5 Consumer Discretionary ex-automobile Manufacturers (189.1) Apparel, Accessories & Luxury Goods (85.1) Apparel Retail (343.5) Home Improvement Retail (534.2) Movies & Entertainment (243.9) Restaurants (144.9) 6 55 5 45 4 35 3 2 15 1 5-5 29 21 211 212 213 214 215 216 217 218 219 2 15 1 5-5 6 55 5 45 4 35 3 2 15 Figure 4. S&P FORWARD EARNINGS PER SHARE: CONSUMER DISCRETIONARY INDUSTRIES* (indexed to at 3-5-29) Housing-Related Computer & Electronics Retailers (18.2) Home Improvement Retailers (534.2) Homefurnishing Retail (156.1) Household Appliances (445.6) 6 55 5 45 4 35 3 2 15 1 5-5 29 21 211 212 213 214 215 216 217 218 219 1 5-5 Page 2 / July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
35 3 2 Figure 5. S&P Forward Earnings (Indexed) S&P FORWARD EARNINGS PER SHARE: CONSUMER DISCRETIONARY INDUSTRIES* (indexed to at 3-5-29) Fun-Related Casinos & Gaming (129.6) Hotels, Resorts & Cruise Lines (297.8) Movies & Entertainment (243.9) Restaurants (144.9) 35 3 2 15 1 15 1 5 5-5 29 21 211 212 213 214 215 216 217 218 219-5 4 35 3 Figure 6. S&P FORWARD EARNINGS PER SHARE: CONSUMER DISCRETIONARY INDUSTRIES* (indexed to at 3-5-29) Retail-Related Automotive Retail (369.7) Department Stores (2.2) General Merchandise Stores (159.7) Specialty Stores (-5.2) 4 35 3 2 2 15 15 1 1 5 5-5 29 21 211 212 213 214 215 216 217 218 219-5 Page 3 / July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
4 35 3 Figure 7. S&P Forward Earnings (Indexed) S&P FORWARD EARNINGS PER SHARE: CONSUMER DISCRETIONARY INDUSTRIES* (indexed to at 3-5-29) Misc. Apparel, Accessories & Luxury Goods (85.1) Apparel Retail (343.5) Footwear (173.6) Leisure Products (-1.8) 4 35 3 2 2 15 15 1 5 1 5-5 29 21 211 212 213 214 215 216 217 218 219-5 1 115 15 Figure 8. S&P FORWARD EARNINGS PER SHARE: CONSUMER DISCRETIONARY INDUSTRIES (indexed to at 3-5-29) 1 115 15 95 95 85 Internet Retail (1113.3) 85 65 65 55 55 45 45 35 35 15 15 5-5 29 21 211 212 213 214 215 216 217 218 219 5-5 Page 4 / July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
S&P Forward Earnings (Indexed) 18 16 Figure 9. S&P FORWARD EARNINGS PER SHARE: CONSUMER STAPLES INDUSTRIES* (indexed to at 3-5-29) 18 16 14 12 1 8 S&P 5 Consumer Staples (71.7) Drug Retail (165.8) Household Products (21.8) Hypermarkets & Super Centers (62.1) Packaged Foods & Meats (112.4) Soft Drinks (58.2) Tobacco (132.6) 14 12 1 8 6 6 4 4 2 2-2 29 21 211 212 213 214 215 216 217 218 219-2 2 1 15 1 1 5 Figure 1. S&P FORWARD EARNINGS PER SHARE: ENERGY INDUSTRIES* (indexed to at 3-5-29) 2 1 15 1 1 5-5 - -1-1 -15-1 S&P 5 Energy (1.) Integrated Oil & Gas (15.9) Oil & Gas Equipment & Services (-9.2) Oil & Gas Exploration & Production (2.3) Oil & Gas Refining & Marketing (187.3) Oil & Gas Storage & Transportation (18.7) 29 21 211 212 213 214 215 216 217 218 219-5 - -1-1 -15-1 Page 5 / July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
S&P Forward Earnings (Indexed) 35 3 Figure 11. S&P FORWARD EARNINGS PER SHARE: FINANCIALS INDUSTRIES* (indexed to at 3-5-29) S&P 5 Financials (221.2) Asset Management & Custody Banks (138.2) Diversified Banks (334.4) Investment Banking & Brokerage (15.5) Life & Health Insurance (85.9) 35 3 2 2 15 15 1 1 5 5-5 Forward earnings capped at -1 due to losses. 29 21 211 212 213 214 215 216 217 218 219-5 8 7 Figure 12. S&P FORWARD EARNINGS PER SHARE: FINANCIALS INDUSTRIES* (indexed to at 3-5-29) 8 7 6 6 5 5 4 4 3 3 2 Consumer Finance (739.33) 2 1 1-1 29 21 211 212 213 214 215 216 217 218 219-1 Page 6 / July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
S&P Forward Earnings (Indexed) 3 2 Figure 13. S&P FORWARD EARNINGS PER SHARE: HEALTH CARE INDUSTRIES* (indexed to at 3-5-29) 3 2 2 2 2 1 15 S&P 5 Health Care (132.) Health Care Equipment (93.6) Managed Health Care (8.2) Pharmaceuticals (76.3) 2 1 15 1 1 1 1 5 5 29 21 211 212 213 214 215 216 217 218 219 4 35 Figure 14. S&P FORWARD EARNINGS PER SHARE: HEALTH CARE INDUSTRIES* (indexed to at 3-5-29) 4 35 3 Biotechnology (35.2) 3 2 2 15 15 1 1 5 5-5 29 21 211 212 213 214 215 216 217 218 219-5 Page 7 / July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
S&P Forward Earnings (Indexed) Figure 15. S&P FORWARD EARNINGS PER SHARE: INDUSTRIALS INDUSTRIES* (indexed to at 3-5-29) 2 15 S&P 5 Industrials (134.6) Aerospace & Defense (139.6) Air Freight & Logistics (197.8) Electrical Components & Equipment (92.3) Industrial Conglomerates (36.8) Industrial Machinery (22.2) Railroads (2.4) 2 15 1 1 5 5-5 29 21 211 212 213 214 215 216 217 218 219-5 3 Figure 16. S&P FORWARD EARNINGS PER SHARE: INDUSTRIALS INDUSTRIES* (indexed to at 3-5-29) 3 2 Construction Machinery & Heavy Trucks (292.1) 2 15 15 1 1 5 5-5 29 21 211 212 213 214 215 216 217 218 219-5 Page 8 / July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
S&P Forward Earnings (Indexed) 45 4 35 3 Figure 17. S&P FORWARD EARNINGS PER SHARE: INFORMATION TECHNOLOGY INDUSTRIES* (indexed to at 3-5-29) S&P 5 Information Technology (3.6) Communications Equipment (188.2) Data Processing & Outsourced Services (2.) Internet Software & Services (387.8) Systems Software (114.) Technology Hardware, Storage & Peripherals (415.9) 45 4 35 3 2 2 15 15 1 1 5 5-5 29 21 211 212 213 214 215 216 217 218 219-5 1 8 Figure 18. S&P FORWARD EARNINGS PER SHARE: INFORMATION TECHNOLOGY INDUSTRIES* (indexed to at 1-1-29) 1 8 6 Semiconductors (861.3) Semiconductor Equipment (876.5) 6 4 4 2 2-2 29 21 211 212 213 214 215 216 217 218 219-2 Page 9 / July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
S&P Forward Earnings (Indexed) 35 3 Figure 19. S&P FORWARD EARNINGS PER SHARE: MATERIALS INDUSTRIES* (indexed to at 3-5-29) S&P 5 Materials (187.7) Diversified Chemicals (316.9) Fertilizers & Agricultural Chemicals (18.9) Industrial Gases (1.2) Specialty Chemicals (345.7) 35 3 2 2 15 15 1 1 5 5-5 29 21 211 212 213 214 215 216 217 218 219-5 2 Figure 2. S&P FORWARD EARNINGS PER SHARE: MATERIALS INDUSTRIES* (indexed to at 3-5-29) 2 15 15 1 1 5 5-5 -5-1 -15 S&P 5 Materials (187.7) Metal & Glass Containers (36.5) Paper Packaging (193.6) Steel (59.4) 29 21 211 212 213 214 215 216 217 218 219-1 -15 Page 1 / July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
S&P Forward Earnings (Indexed) 4 Figure 21. S&P FORWARD EARNINGS PER SHARE: UTILITIES INDUSTRIES* (indexed to at 3-5-29) 4 3 S&P 5 Utilities (26.5) Electric Utilities (13.2) Multi-Utilities (38.1) 3 2 2 1 1-1 29 21 211 212 213 214 215 216 217 218 219-1 2 2 Figure 22. S&P FORWARD EARNINGS PER SHARE: UTILITIES INDUSTRIES* (indexed to at 3-5-29) Gas Utilities (161.2) 2 2 1 15 6/3 1 15 1 1 1 1 5 5 29 21 211 212 213 214 215 216 217 218 219 Page 11 / July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
1 8 6 Figure 23. S&P Forward Earnings (Indexed) S&P FORWARD EARNINGS PER SHARE: TELECOMMUNICATION SERVICES INDUSTRIES* (indexed to at 3-5-29) S&P 5 Telecommunication Services (86.3) Diversified Telecommunication Services (62.8) 1 8 6 4 4 2 2-2 29 21 211 212 213 214 215 216 217 218 219-2 Page 12 / July 11, 218 / S&P 5 Sectors & Industries Forward Earnings (Indexed) www.
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