America's Economic Future – A Discussion By Ted Kavadas
In the June 29, 2011 post (“Financial Stocks – Notable Price Action”) I wrote the following: I think that the relatively poor “price action” of various financial stocks is notable. It is one of many current indications that overall stock market health is not as strong as a casual glance at the major indices would …
As many are aware, Standard & Poors publishes earnings estimates for the S&P500. (My posts concerning their estimates can be found under the S&P500 Earnings tag) Currently (the latest estimates are as of April 4), their estimates for 2012 add to the following: -From a “bottom up” perspective, operating earnings of $104.89/share -From a “top down” perspective, operating earnings …
On October 17, 2011 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.” This post is a brief ninth update to that post. My overall analysis indicates a continuing elevated and growing level of danger which contains many worldwide and U.S.-specific “stresses” of a very complex nature. I have written numerous …
Gold has been in a correction (or consolidation) after a very steep rally. It appears as if Gold is at a critical juncture at present. The chart below depicts Gold on a daily basis, LOG scale, since 2008, as well as the HUI (Gold Bugs) stock index. Gold, at $1622.80/oz, is currently below both …
U.S. Dollar weakness is a foremost concern of mine. As such, I have extensively written about it. I am very concerned that the actions being taken to “improve” our economic situation will dramatically weaken the Dollar. Should the Dollar substantially decline from here, as I expect, the negative consequences will far outweigh any benefits. The negative impact …
Starting on May 3, 2010 I have written posts concerning the notable divergence that has occurred between the S&P500 and Chinese (Shanghai Composite) stock markets. The chart below illustrates this divergence; it shows the S&P500 vs. the Shanghai Composite on a daily basis, since 2006: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation …
On October 17, 2011 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.” This post is a brief eighth update to that post. My overall analysis indicates a continuing elevated and growing level of danger which contains many worldwide and U.S.-specific “stresses” of a very complex nature. I have written numerous …
In the February 7 (“The VIX Level Of 20 And Its Continual Significance“) as well as the February 6 (“Notable Technical And Sentiment Extremes In The Stock Market“) posts I discussed various notable aspects of the stock market, ones that I viewed as problematic and worrisome. In this post, I would like to provide an …
As many are aware, Standard & Poors publishes earnings estimates for the S&P500. (My posts concerning their estimates can be found under the S&P500 Earnings tag) Currently (their latest estimates are as of February 29), their estimates for 2012 add to the following: -From a “bottom up” perspective, operating earnings of $104.89/share -From a “top down” perspective, operating earnings …
On October 17, 2011 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.” This post is a brief seventh update to that post. The current forecasting consensus among economists and investment professionals is one of slow (U.S.) economic growth, steady if not rising financial markets, and low probabilities (in two …