Quant Coalescence

Earnings Season Kicks Off

April 2015 PCM Quant Coalescence

March equities began the month just a fraction off of their all-time highs and closed down 1.74% for the month. This was after experiencing their best month in over 3 years in February, as measured by the S&P 500. Earnings season officially began after the market close on April 8th with Alcoa reporting. Alcoa is a company that was anticipated to benefit from the stronger dollar, as market watchers try to determine the impact of lower oil and a higher U. S. dollar on overall earnings. The following statistics and estimates are courtesy of John Butters, VP and Sr. Earnings Analyst at Factset:

.... Read More..

Market Pulse

What in the world is going on?

A brief review of 2014 financial markets and what it may mean for 2015:

With the exception of the US, India and China, the world's equity markets were down in 2014. Japan was down 7.4% and officially entered into a recession. The three largest European markets; the U.K., Germany, and France were down 13 plus percent and their economies are very close to following Japan into a recession.

The Goldman Sachs Commodity Index, led by Oil and Precious Metals fell 33%. This in turn led to significant losses in commodity export economies/stock markets such as Russia, down 49%, Brazil, down 18.2% and Australia, down .... Read More...


Monthly Newsletter

We respect your privacy and do not share your name or email address with any outside party.

Provident Capital's Absolute Indexes are now available on www.morningstar.com for registered Morningstar Direct and Morningstar Office users.


Provident Capital's composite performance and investment indexes are available on Informa.


Provident Capital's Indexes are now available on Lipper