America's Economic Future – A Discussion By Ted Kavadas
In this post I would like to highlight various areas which I believe indicate excessively positive sentiment and related measures indicating “froth” in the stock market. The stock market has had a remarkable “run” since roughly mid-November. This is illustrated in a 1-year daily chart of the stock market (S&P500) : (click on chart to …
In the March 9, 2012 post (“Charts of Equities’ Performance Since March 9, 2009 And January 1, 1980“) I highlighted two charts for reference purposes. Below are those two charts, updated through the last current price. The first is a daily chart of the S&P500 (shown in green), as well as five prominent (AAPL, IBM, WFM, …
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 February 6, 2013: Year 2012 estimates add to the following: -From a “bottom up” perspective, operating earnings of $97.20/share …
On October 17, 2011 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.” This post is a brief 21st 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 …
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 …
In the March 9, 2012 post (“Charts of Equities’ Performance Since March 9, 2009 And January 1, 1980“) I highlighted two charts for reference purposes. Below are those two charts, updated through the last current price. The first is a daily chart of the S&P500 (shown in green), as well as five prominent (AAPL, IBM, WFM, …
On June 29, 2011 I wrote a blog post titled “Financial Stocks – Notable Price Action.” This post is the latest update of that message. Although financial stocks have (in general) increased in price since 2012, I continue to believe that the longer-term “price action” of various financial stocks is disconcerting. I view the poor …
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 …
On October 17, 2011 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.” This post is a brief 20th 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 …
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 December 13, 2012: Year 2012 estimates add to the following: -From a “bottom up” perspective, operating earnings of $99.46/share …