Brian Gilmartin
Affiliation
Trinity Asset Management, Inc.
Private investment advisor managing money for individuals
Title
Portfolio Manager
Certifications
Chartered Financial Analyst (CFA)
Education
Xavier University, BSBA, Cincinnati, Ohio; Loyola University of Chicago, MBA, CFA
Degree
Finance
Company Name
Trinity Asset Management, Inc.
Trinity Asset Management, Inc.
Company Website
http://www.trinityasset.com
http://www.trinityasset.com
Brian Gilmartin, Trinity Asset Management, Inc.
One quick note FBK Financial, a small-cap bank ($2 bl mkt cap) reports Monday night, July 14th after the close. The net revenue estimate is just $135 million per LSEG, and total annual net revenue this year is expected at $600 ml, with the annual EPS ...
Jul 13, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
While the big tech companies for the most part don’t report until the 3rd or 4th week in July, looking over prior quarters EPS and revenue growth rates for tech, here’s what the progression looked like in terms of where the quarter started, and how ...
Jul 08, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
Here’s the updated spreadsheet with LSEG data showing the progression of earnings and revenue growth for expected Q2 and Q3 ’25. Frankly, all investors care about is “actual” Q2 ’25 EPS results which start the week beginning July 14th, and what the ...
Jul 06, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
Return data courtesy of Morningstar, Inc. Probably of little surprise to readers, but the growth style of investing continues to beat value looking at year-to-date returns, although by smaller amounts than the previous years, which is also ...
Jun 29, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
If you look at the above bordered line running horizontally across the page, it appears that as of the Memorial Day weekend, the expected quarterly EPS and revenue growth rates for the SP 500 bottomed, and have started to improve since then. We’ll ...
Jun 27, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
While Fed Chairman Jerome Powell adhered to the Fed’s stated policy of “slower economic growth with expected higher inflation” yesterday at his Congressional testimony, there is no question that the sentiment is shifting within the Federal Reserve ...
Jun 25, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
Nike (NKE), the athletic apparel and footwear giant is expected to report their May, ’25, (fiscal Q4 ’25) earnings on Thursday night, after the closing bell. Analyst consensus is expecting $0.12 in earnings per share on $10.7 billion in revenue, for ...
Jun 22, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
This coming week investors hear from FedEx (FDX), Micron Technology (MU) and then Nike (NKE) on Thursday night, June 26th, 2025. That’s a transportation / freight business, a DRAM semiconductor company, and one of the top – albeit tarnished brands – ...
Jun 21, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
FedEx (FDX), the freight and transport giant, reports their fiscal Q4 ’25 after the closing bell, next Tuesday, June 24th. The stock is down 20% YTD in ’25 and down -7.77% in the last twelve months after guiding lower for fiscal Q4 ’25 in March ’25, ...
Jun 20, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
Sitting with a friend from school many years talking about what happened to the SP 500 in the bear market years from 2000 to 2009, (this friend was an advisor with a small firm in Cincinnati), and I remember him making the statement about reputable, ...
Jun 10, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
This weekly chart of the iShares Emerging Markets ex-China (EMXC) is poised to trade to an all-time-high if it can trade above the June, ’21, $63.74 high tick almost exactly 4 years ago. It’s been a long time since anyone had anything good to say ...
Jun 09, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
The SP 500 closed at 6,000.36 on Friday, June 6th, 2025. It’s low on April 7th, 2025 was 4,835.04. Despite the volatility in both stocks and bonds the last 12 – 13 weeks, here’s the YTD returns for the benchmarks: SP 500 (SPY): +1.25% Barclay’s ...
Jun 07, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
Healthcare has been a tough sector in 2025, and really since the middle of 2024. Here’s an interesting chart from Bank of America: (via @MikeZaccardi on X): Looking at Q1 ’25 earnings trends, the sector reported a solid quarter, even with United ...
May 31, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
The table above is published by Briefing.com every weekend and provides good detail on the coming week’s economic data releases. Since the quarterly GDP data – including Q4 ’24 – has been influenced by the accelerated purchases of imports to avoid ...
May 25, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
Source: LSEG Jamie Dimon was out this week with one of cassandric economic forecasts, and this time it had to do with SP 500 earnings, with Jamie expecting a 0% SP 500 expected EPS growth rate for Q2 ’25, by the time reporting starts in July ’25. He ...
May 24, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
Walmart reported their fiscal Q1 ’26 earnings results last Thursday morning, May 15th, 2025 and while actual EPS beat consensus by 5%, revenue slightly missed for the quarter and maybe more importantly, and something rare for Walmart since 2022, ...
May 21, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
Cisco (CSCO), the former networking giant that is still trying to reshape and reinvent itself, 25 years after the large-cap growth and large-cap technology bull market ended, reported their fiscal Q3 ’25 financial results last week. Cisco managed to ...
May 19, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
The Moody’s downgrade – the last downgrade from the Aaa level – of U.S. Treasury debt that occurred on Friday, May 16th, 2025, after the market close – was probably not a coincidence given the headlines around the Trump Administration’s tax and ...
May 18, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
Watching the annual EPS estimate revisions for the SP 500, the expected, full-year, EPS growth for 2025, is now looking for 9% growth, versus the 14% growth rate as of October ’24. Since it’s tough to find a comparable earnings period for tariffs, ...
May 17, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
The above spreadsheet is an easy way for me to stay updated on the various style box returns based on the iShares style-box ETF’s which are listed on the spreadsheet. As readers can see, large-cap growth led in 2023 and 2024, thanks to the two years ...
May 16, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
Charles Schwab (SCHW) has been bumping it’s head on the January ’23 high of $86 and change which this blog’s technician (Gary Morrow, @garysmorrow over on X), has been saying is (or was) formidable technical resistance. The all-time-high on Schwab ...
May 15, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
Cisco (CSCO) reports their fiscal Q3 ’25 after the closing bell on Wednesday, May 14th, 2025, with sell-side consensus expecting (per Briefing.com) $0.92 in earnings per share on $14.05 billion in revenue, for expected year-over-year (y-o-y) growth ...
May 13, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
The first Great Conundrum was in the early 2000’s after the 2001 – 2002 50% bear market in the SP 500 and the start of Gulf War II in March, 2003. Alan Greenspan started hiking the fed funds rate (if memory serves correctly in 2004 – 2005 (?) but the ...
May 07, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
Crude oil was down 4% Sunday night, as OPEC once again announced a production increase of 411,000 bpd (barrels per day), a move by OPEC that will eventually help US inflation, and give the Fed another reason to lower the fed funds rate. In early ...
May 05, 2025
Brian Gilmartin, Trinity Asset Management, Inc.
The above asset-class return quilt was posted to X late last week by FinGenAI (@ackmeni), and is originally sourced from Bank of America research. It’s clear that long-dormant asset classes have started to lead the capital markets. Gold is the leader ...
May 04, 2025
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