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Showing posts from June, 2022

S&P 500 Sectors Earnings Update - May 2022

IB S&P 500 Sector Update S&P 500 The S&P 500 index has lost 15.1% returns year-to-date with a 3-year annualized returns of 13.5%. The index has earned $200.03 per share over the last 12 months and is expected to earn $228.35 per share in the current fiscal year. Current dividend yield is 1.62% and is expected to yield 1.64% over the next 12 months. The index is currently trading cheaper at a PE of 19.7 relative to its 10-year average of 32.82. S&P 500 index is bearish given 28.94% of its members are trading below their 200-day moving average price. Over the last 12 months, the index earned a positive return 50.0% of the time with 0.2% of the members closing at its new 52-week high price and 3.17% of the members closing at a new 52-week low price. Consumer Discretionary The Consumer Discretionary sector has lost 29.3% returns year-to-date with a 3-year annualized returns of 8.0%. The group has earned $36.84 per shar