The S&P500 Vs. The Shanghai Stock Exchange Composite Index – December 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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A Chart Of Recent S&P500 Price Volatility – December 6 Update

This post is an update to recent posts that began on October 6 (“A Chart Of Recent S&P500 Price Volatility“) on stock market volatility. While I track many different measures of volatility, I find the following chart to be both simple and clear in depicting the recent outsized volatility in the stock market. This chart …

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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 posts concerning their estimates can be found in the under the S&P500 Earnings tag) Currently (their latest estimates are as of  November 22), their estimates for 2011 add to the following: -From a “bottom up” perspective, operating earnings of $97.48/share -From a “top down” perspective, …

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Building Financial Danger – An Update

On October 17 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.”  This post is a brief update to that post. My overall analysis continues to indicate that there is an elevated and growing level of danger. Many prominent parties seem to be fixated on the European financial problems, …

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Financial Stocks – November 11 Update Concerning Poor “Price Action”

On June 29 I wrote a blog post titled “Financial Stocks – Notable Price Action.” I continue to believe that the “price action” of various financial stocks is disconcerting.  I view the poor performance of these financial and brokerage stocks to be one indicator among (very) many that serves as a “red flag” as to …

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Financial Stocks – Relative Price To Overall Stock Market – November 10 2011 Update

In the June 29 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 indicate. …

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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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