Standard & Poor’s S&P500 Earnings Estimates For 2012 & 2013 – As Of June 29, 2012

As many are aware, Standard & Poor’s publishes earnings estimates for the S&P500.  (My posts concerning their estimates can be found under the S&P500 Earnings tag) For reference purposes, the most current estimates are reflected below, and are as of June 29, 2012: Year 2012 estimates add to the following: -From a “bottom up” perspective, operating earnings of $103.60/share …

Read more

The S&P500 Vs. The Shanghai Stock Exchange Composite Index – June 21, 2012

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 by …

Read more

S&P500 Price Projections – Livingston Survey June 2012

The June 7, 2012  Livingston Survey (pdf) contains, among its various forecasts, a S&P500 forecast.  It shows the following price forecast for the dates shown: June 29, 2012   1325.4 Dec. 31, 2012    1393 June 28, 2013   1449.2 Dec. 31, 2013    1490.3 These figures represent the median value across the 32 forecasters on …

Read more

Standard & Poor’s S&P500 Earnings Estimates For 2012 & 2013 – As Of May 31, 2012

As many are aware, Standard & Poor’s publishes earnings estimates for the S&P500.  (My posts concerning their estimates can be found under the S&P500 Earnings tag) For reference purposes, the most current estimates are reflected below, and are as of May 31, 2012: Year 2012 estimates add to the following: -From a “bottom up” perspective, operating earnings of $104.68/share …

Read more

Building Financial Danger – June 4, 2012 Update

On October 17, 2011 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.”  This post is a brief 13th 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 …

Read more

Building Financial Danger – May 18, 2012 Update

On October 17, 2011 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.”  This post is a brief 12th 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 …

Read more

Financial Stocks – May 16, 2012 Update Concerning Poor “Price Action”

On June 29, 2011 I wrote a blog post titled “Financial Stocks – Notable Price Action.” Although financial stocks have increased in price in 2012, I continue to believe that the longer-term “price action” of various financial stocks is disconcerting.  I view the poor performance of these financial and brokerage stocks to be one indicator …

Read more

Financial Stocks – Relative Price To Overall Stock Market – May 16, 2012 Update

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 …

Read more

Building Financial Danger – May 2, 2012 Update

On October 17, 2011 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.”  This post is a brief 11th 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 …

Read more

Money Manager Forecasts – Notable Excerpts From Barron’s

The April 23 edition of Barron’s has a cover story titled “Reason To Cheer.” The story contains the results of the “Spring 2012 Big Money Poll” and related commentary. As described in the story: THE BIG MONEY POLL is published twice yearly by Barron’s, in the spring and fall. The latest survey, prepared with the help of …

Read more