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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The Stock Market – Various Technical Analysis Aspects

The following chart is annotated by Ron Walker, of thechartpatterntrader.com : (click on chart to enlarge image)(chart courtesy of StockCharts.com) As one can see, it is a chart of the S&P500 on a daily basis since March of 2009.  Yesterday’s closing price of the S&P500 (1286.94) is very near the black rising trendline from the March …

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Analyst And Strategist S&P500 Earnings Estimates For 2011 & 2012

On June 27 The Wall Street Journal published an article titled “Stocks Fall.  Optimism Stands Tall.” As seen in this article: Analysts expect the S&P 500 companies to earn $99.86 a share in aggregate this year, up 2.3% from their April 1 estimate, according to FactSet. Strategists expect $95.24, according to John Butters, senior earnings …

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