Stock Market Projected Earnings 2011

In the October 11-October 17 2010 issue of Bloomberg BusinessWeek, it had an article titled “The Corporate Profit Engine May Be Slowing.” The article contains a variety of information concerning earnings.  An excerpt: “For the first time in more than a year, Wall Street analysts cut their forecasts for Standard & Poor’s 500-stock index earnings … Read more Stock Market Projected Earnings 2011

S&P500 Earnings Forecasts For 2010 And 2011

As many are aware, Standard & Poors publishes earnings estimates on a quarterly basis.  My previous post concerning their estimates can be found at this May 30 post) Currently, their estimates for 2010 add to the following: -From a “bottom up” perspective, operating earnings of $82.87/share -From a “top down” perspective, operating earnings of $78.29/share … Read more S&P500 Earnings Forecasts For 2010 And 2011

Thoughts On The Stock Market

The stock market appears to be at an important juncture. As seen in the below chart, by Ron Walker (thechartpatterntrader.com) there is the much-discussed potential Head and Shoulders formation that looms large: (click on chart to enlarge)(chart courtesy of StockCharts.com) As well, the VIX is just above 20.  As I have commented upon previously, over the … Read more Thoughts On The Stock Market

The Stock Market And The Economy

In the August 16-August 29 Bloomberg BusinessWeek, there is a quote from Jeremy Siegel in which he says, “The stock market’s telling us there’s some good things happening.  And I don’t think it’s only what they think Bernanke is going to say.  There is now a very broad consensus that this…is not going to develop … Read more The Stock Market And The Economy

S&P500 Stock Market Forecasts

The August 16-August 29 2010 Bloomberg BusinessWeek had an article on stock forecasts titled “The Market’s Economic Disconnect.” Here is an excerpt: “The fastest annual earnings increase in 22 years will push the S&P index up 20 percent in the last six months of 2010 to 1,242, according to the average projection of 12 firms … Read more S&P500 Stock Market Forecasts

“A S&P500 Target Of 100?” Revisited

In March of 2009 I wrote an article titled “A S&P500 Target of 100?” I am sure that the mere idea of such a target seems impossible to many.  However, for a variety of reasons, many indicated in the aforementioned article, I believe that such a target is not only possible but increasing in likelihood. … Read more “A S&P500 Target Of 100?” Revisited

S&P500 Price Projections

The June 9, 2010  Livingston Survey (pdf) contains, among its various forecasts, a S&P500 forecast.  It shows the following price forecast for the dates shown: June 30, 2010   1115.0 Dec. 31, 2010    1187.6 June 30, 2011   1243.5 Dec. 30, 2011    1280.0 These figures represent the median value across the 40 forecasters on the survey’s panel. … Read more S&P500 Price Projections

S&P500 Earnings Forecasts & Forecast Accuracy

On June 1 The Wall Street Journal had an article titled “Analysts Cheer For Recovery.” From the article:  “Current estimates put the S&P 500 on track for earnings per share of $85.26 this year, according to Thomson Reuters, a return to 2007 levels. Analysts’ $96.61 forecast for 2011 earnings would mark a record that surpasses … Read more S&P500 Earnings Forecasts & Forecast Accuracy

The Stock Market – Continued Weakness?

With the ongoing problems in Europe, fears of worldwide economic “contagion”, and many overt signs of economic slowing in the United States, one is led to wonder how susceptible the U.S. stock markets are to further declines. While I have written extensively about how I believe the stock market will face an exceedingly large decline … Read more The Stock Market – Continued Weakness?