Financial Stocks – Relative Price To Overall Stock Market – January 3 2012 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. …

Read moreFinancial Stocks – Relative Price To Overall Stock Market – January 3 2012 Update

2012 Estimates For S&P500 Earnings & Price Levels

In the December 19 edition of Barron’s, the cover story is titled “Buckle Up!” Included in the story, 10 “stock-market strategists and investment managers” give various forecasts including 2012 S&P500 profits, 2012 S&P500 year-end price targets, 2012 & 2013 GDP growth, and 10-Year Treasury Note Yields. As seen on page 27: The mean prediction of …

Read more2012 Estimates For S&P500 Earnings & Price Levels

Building Financial Danger – December 20, 2011 Update

On October 17 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.”  This post is a brief third update to that post. My overall analysis indicates a continuing elevated and growing level of danger. I have written numerous posts of some of what I consider both ongoing and recent “negative …

Read moreBuilding Financial Danger – December 20, 2011 Update

S&P500 Price Projections – Livingston Survey December 2011

The December 8, 2011  Livingston Survey (pdf) contains, among its various forecasts, a S&P500 forecast.  It shows the following price forecast for the dates shown: Dec. 30, 2011   1267.7 June 29, 2012   1322.5 Dec. 31, 2012    1395 Dec. 31, 2013    1480 These figures represent the median value across the 35 forecasters on …

Read moreS&P500 Price Projections – Livingston Survey December 2011

Building Financial Danger – December 8, 2011 Update

On October 17 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.”  This post is a brief second update (the first being on November 18 titled “Building Financial Danger – An Update“) to that post. My overall analysis indicates a continuing elevated and growing level of danger.  There are …

Read moreBuilding Financial Danger – December 8, 2011 Update

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 …

Read moreThe S&P500 Vs. The Shanghai Stock Exchange Composite Index – December 2011

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 …

Read moreA Chart Of Recent S&P500 Price Volatility – December 6 Update

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, …

Read moreStandard & Poors S&P500 Earnings Estimates For 2011 & 2012

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, …

Read moreBuilding Financial Danger – An Update

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 …

Read moreFinancial Stocks – November 11 Update Concerning Poor “Price Action”