Danger Signs In The Stock Market, Financial System And Economy

In recent posts concerning the stock market, such as those of October 10 and September 29, I have commented : …the stock market “price action” feels very “unsettled” to me, and, as such,  I think the “danger” here is rather high. In this post I would like to list a variety of areas that I …

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The S&P500 Vs. The Shanghai Stock Exchange Composite Index – September 2011

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, LOG scale, since 2006: (click on chart to enlarge image)(chart courtesy of StockCharts.com) – It …

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Year-End 2011 S&P500 Price & Earnings Forecasts

Yesterday (September 19) The Wall Street Journal had an article titled “Wall Street’s Optimism Fades.” The article contains a variety of forecasts and commentary regarding the stock market and earnings. Here are two excerpts of forecasts: Goldman Sachs last Wednesday ratcheted down its end-of-year prediction for the S&P 500 to 1250, from its previous forecast …

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Standard & Poors S&P500 Earnings Estimates For 2011 & 2012

As many are aware, Standard & Poors publishes earnings estimates for the S&P500.  (My previous posts concerning their estimates can be found in the under the S&P500 Earnings tag) Currently (as of September 2), their estimates for 2011 add to the following: -From a “bottom up” perspective, operating earnings of $98.58/share -From a “top down” perspective, operating earnings of …

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Strategist 2011 & 2012 Estimates For S&P500 Earnings And Price Levels

In the September 5 edition of Barron’s, the cover story was titled “Which Way Up?” Included in the story, 15 “buy- and sell-side strategists” give various forecasts including 2011 and 2012 S&P500 EPS, S&P500 year-end price targets, GDP, and 10-Year Treasury Note Yields. As seen on page 23, “The average of their expectations” for the …

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