SPX pure value outperformed pure growth by nearly 5% yesterday, one of the biggest move’s we’ve seen in the past year. PV is outperforming PG by over 19% ytd.
Stephanie Link Thu 04 Mar 2021 12:23

Brandy Manville. The company that had $300m in sales in 2018 and run so well by Silvio Marson while every 15 yr old is now wearing. I’d buy the IPO even as that — these days is passé.
Stephanie Link Thu 04 Mar 2021 00:02

$JNJ doesn't get the credit it deserves. Pharma expected to accelerate to HSG, Med Tech resumes growth on re-open/more procedures, and Consumer plotting along. Dividend growth as well. Perhaps a #sleepatnightname
Stephanie Link Tue 02 Mar 2021 22:31

ISM Manufacturing Prices Paid Index hit its highest level since June 2008.
Stephanie Link Tue 02 Mar 2021 12:36

This is just weekly data & volatile series but shows the picture economically: Rail carloads/intermodal: down 1% y/y vs down 33% y/y last week. Specifically carloads down 15% y/y vs down 33% y/y. Intermodal up 18% y/y vs last week down 28% y/y.
Stephanie Link Mon 01 Mar 2021 21:30

Throughout the BNSF 2020 year revenues sequentially improved: 2QA= -22%, 3QA= -14% and 4QA= -3%. Rails confirming the recovery. $UNP $KSU
Stephanie Link Mon 01 Mar 2021 14:00

Warren Buffett: "Never Bet Against America". A terrific read: Link
Stephanie Link Sun 28 Feb 2021 18:34

$MA switched volumes globally: Flat in the week ended 2/21 vs. +6% in the week ended 2/14 +5% in the week ended 2/7 +4% in the week ended 1/28 +2% in the week ended 1/21 +3% in the week ended 1/14 #consumer
Stephanie Link Sat 27 Feb 2021 18:58

Have a great weekend all. I couldn't resist seeing how proud Dave Grohl looked playing with his daughter, Violet, on stage - who has some pipes. When We Were Young - Adele's acoustic version. Enjoy.
Stephanie Link Fri 26 Feb 2021 21:57

The $900B late Dec stimulus translated into a 10% m/m jump in annualized personal income which also drove the savings rate to up to 20.5% vs 13.4% prior. #consumer
Stephanie Link Fri 26 Feb 2021 14:07

10 yr bond yield up 50bps in 4 weeks. Fast, yes. But at 1.51% still below the 2% level seen pre- pandemic. #perspective
Stephanie Link Fri 26 Feb 2021 00:41

In 2018, $FB $AMZN $GOOG $NFLX moved to Communication Services. Tech + Comm Services now @38.5% vs Fins, Indus, Mats, Energy at 24%. Could see a bit more of catch up that not many really positioned for.
Stephanie Link Wed 24 Feb 2021 23:00

Lovely surprise from $DE this am: increases dividend by 18.4%. #precisionfarming
Stephanie Link Wed 24 Feb 2021 16:10

I miss Broadway Plays in NYC. Listening to the greatest music of all time while I finish work. The Phantom of the Opera. #soonenough
Stephanie Link Wed 24 Feb 2021 00:24

$WLK expects Polyethylene chain margins to remain strong in 2021 on strong demand. Should result in strong operating leverage. $XOM $CVX $PSX $IMO all should benefit as well.
Stephanie Link Tue 23 Feb 2021 13:54

$IBM only green tech on my screen today. Interesting value.
Stephanie Link Mon 22 Feb 2021 22:08

Recall copper vs interest rates correlation: https://t.co/0LFpImZVQY
Stephanie Link Mon 22 Feb 2021 21:58

My $BMO friend Michael Dick does it again with an awesome stat: Today's momentum slide (MSZZMOMO index -8.8%) was 2nd worst single-day example since 2009, the 9th worst ever, and surprisingly worse than any single-session during the March/April depths of the pandemic last year.
Stephanie Link Mon 22 Feb 2021 21:58

Price action is always a tell on news. $BA $RTX.
Stephanie Link Mon 22 Feb 2021 17:13

If the $1.9T new Biden stimulus bill passes (seems likely close to that number) that will add $450B to bank accounts by spring-time. For comparison, $130B just hit in January from the December package. #consumer #savings
Stephanie Link Sat 20 Feb 2021 17:26

Have a lovely weekend all - stay safe. A smile for this tune - Blackberry Smoke - Living in the Song.
Stephanie Link Fri 19 Feb 2021 22:21

$XLI is the only sector alongside $XLK that has expanded margins every decade for the last 5. Drivers: lean manufacturing/ERP adoption, offshoring of manufacturing/supply chains, vertical consolidation, improved pxg power & mix shifts toward more profitable business lines/product
Stephanie Link Fri 19 Feb 2021 17:15

$DE: 1Q Equip OM of 17.1% was 6% better than expectations and above mgmt's target of 15%. Raised F/21 guide by 25%. #precisionfarming
Stephanie Link Fri 19 Feb 2021 14:00

$IBM: early days but new mgmt decisions worth paying attn to - co looking to streamline IBM Watson Health and focus more on cloud computing. Plus AI, Blockchain, Data Analytics. $MSFT 8 yrs redo?
Stephanie Link Fri 19 Feb 2021 02:35

January retail sales rose 5.3% m/m in January reversing 3 monthly declines. Control group up 11.8% - which feeds into GDP. IP also up .9% m/m 4th consecutive month - manufacturing V recovery. Huge stimulus = +GDP +SPX EPS expected. #interestrates
Stephanie Link Thu 18 Feb 2021 21:55