This Week’s Can’t-Miss Analysis — 6/7/24

We publish a lot of market-related content each week, and we want to make sure you don’t miss the most important topics.  Below are some of the charts and tables we view as “can’t miss” from the last week.  

Our first chart from Thursday’s Closer touches on a theme we’ve focused a lot on in recent weeks: weak breadth.  As shown below, while the S&P 500’s price has been making new all-time highs this week, its cumulative advance/decline line has yet to get there and is trending slightly lower.  Shorter-term, it’s pretty incredible to see the S&P’s 10-day advance/decline line near oversold territory even though price has rallied.

To continue reading the rest of this week’s “Can’t-Miss” analysis, which includes another dozen or so important market-related topics, start a two-week trial to Bespoke Premium today!  With a two-week trial, you’ll also receive our daily research in your inbox as it gets posted.  Go ahead and give it a try by signing up at this link.

Before you go…

Make sure to check out Bespoke co-founder Paul Hickey’s appearance on CNBC if you missed it earlier this week.  Click here or on the image below to view.

Have a great weekend!

B.I.G. Tips – Earnings Triple Plays Recap: Q1 2024

Today we published our newest Earnings Triple Plays report.  During the just-completed Q1 2024 earnings reporting period, there were a total of 98 earnings triple plays out of just under 2,000 individual quarterly earnings reports from US-listed stocks.  That’s 20 more than the 78 triple plays we saw during the prior earnings reporting period.

What is a triple play?  When a stock reports quarterly earnings, it registers a “triple play” when it beats analyst EPS estimates, beats analyst revenue estimates, and raises forward guidance.  We coined the term back in the mid-2000s, and you can read more about it at Investopedia.com.  We consider triple plays to be the cream of the crop of earnings season, and we’re constantly finding new long-term opportunities from this basket of names each quarter.  You can track the newest earnings triple plays on a daily basis at our Triple Plays page if you’re a Bespoke Premium or Bespoke Institutional member.  To read our newest report and see some of the triple plays with intriguing charts at the moment, start a two-week trial to Bespoke Premium!

Earnings Reports Triple Plays