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June 13, 2026 | Tech Talk for Saturday June 13th 2026

Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at www.timingthemarket.ca. Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).

The Bottom Line

Last week, short term traders focused on the proposed 60 day peace agreement reached between Iran and U.S. /Israel to halt the Middle East conflict. World equity prices moved higher and crude oil futures moved lower in anticipation of finalizing a deal over this weekend.

Successful launch of the SpaceX IPO (SPCX) on Friday also encouraged short term bullish sentiment. The launch was the largest IPO in history. Share price closed at $161.11, up 19.3% from the issue price at $135.00.

Earnings and Revenue Consensus for S&P 500 Companies
Source: www.factset.com

Analysts increased their 2026 earnings and revenue estimates again last week

  • Consensus for second quarter 2026 earnings gains increased to 21.9% from 21.7% last week. Consensus for revenue gains remained at 12.0%.
  • Consensus for third quarter 2026 earnings gains increased to 25.3% from 25.1%.last week. Consensus for revenue gains remained at 10.7%.
  • Consensus for fourth quarter 2026 earnings gains increased to 22.8% from 22.6%. Consensus for revenue gains remained at 10.2%.
  • For all of 2026, consensus for earnings gains increased to 23.2% from 22.8%.  Consensus for revenue gains increased to 11.0% from 10.8%.

Release of 2027 earnings and revenue estimates also offered encouraging news. Consensus calls for a 16.2% earnings increase and a 7.6% revenue increase above 2026 estimates.

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June 13th, 2026

Posted In: Tech Talk

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