Comments on: Evaluating Market Level With S&P 500 Having Reached My Fair Value Target http://www.peridotcapitalist.com/2009/09/evaluating-market-level-with-sp-500-having-reached-my-fair-value-target.html Stock market and investing blog published by Chad Brand, Founder/President of Peridot Capital Sat, 11 Feb 2012 23:26:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Chad Brand http://www.peridotcapitalist.com/2009/09/evaluating-market-level-with-sp-500-having-reached-my-fair-value-target.html/comment-page-1#comment-1676 Chad Brand Fri, 25 Sep 2009 15:34:44 +0000 http://www.peridotcapitalist.com/?p=1453#comment-1676 Cole, The Standard and Poor's web site (standardandpoors.com) has detailed information (including historical and projected earnings figures) for the S&P 500 index. A great resource for S&P data. Cole,
The Standard and Poor’s web site (standardandpoors.com) has detailed information (including historical and projected earnings figures) for the S&P 500 index. A great resource for S&P data.

]]> By: Cole http://www.peridotcapitalist.com/2009/09/evaluating-market-level-with-sp-500-having-reached-my-fair-value-target.html/comment-page-1#comment-1675 Cole Fri, 25 Sep 2009 14:40:51 +0000 http://www.peridotcapitalist.com/?p=1453#comment-1675 Where are you getting the earnings figures of $54, $70 and $73? Is there a link someone can provide to get these estimates? I'd like to try using them in my own analysis but am not sure exactly what they are. Any help would be appreciated. It seems reasonable to say the market is fairly valued since looking at the Dow Jones stocks there aren't too many horribly overvalued but not more than one or two good buys. Everything feels sort of in between right now. But, if you factor in market sentiment I feel bulls are still very eager to buy. We are rebounding off of bad news at a quicker than normal pace. If I had to forecast I would think the S&P reaches 1100 before correcting briefly and ending above 1100 by 2010. The average correction has only been 6%, I believe, so I'll be surprised if it drops below 1000 for more than a few days max. People feel too safe buying at 1000 to let the opportunity go, they're very confident in the recovery. I don't know if I am yet. Where are you getting the earnings figures of $54, $70 and $73? Is there a link someone can provide to get these estimates? I’d like to try using them in my own analysis but am not sure exactly what they are. Any help would be appreciated.

It seems reasonable to say the market is fairly valued since looking at the Dow Jones stocks there aren’t too many horribly overvalued but not more than one or two good buys. Everything feels sort of in between right now. But, if you factor in market sentiment I feel bulls are still very eager to buy. We are rebounding off of bad news at a quicker than normal pace. If I had to forecast I would think the S&P reaches 1100 before correcting briefly and ending above 1100 by 2010. The average correction has only been 6%, I believe, so I’ll be surprised if it drops below 1000 for more than a few days max. People feel too safe buying at 1000 to let the opportunity go, they’re very confident in the recovery. I don’t know if I am yet.

]]> By: Senan http://www.peridotcapitalist.com/2009/09/evaluating-market-level-with-sp-500-having-reached-my-fair-value-target.html/comment-page-1#comment-1671 Senan Tue, 22 Sep 2009 22:15:19 +0000 http://www.peridotcapitalist.com/?p=1453#comment-1671 Great to the point post dude. I've been reading many many financial blogs lately in an effort to understand the current rally (I'm a novice). This post contains good info and real analysis. Great to the point post dude. I’ve been reading many many financial blogs lately in an effort to understand the current rally (I’m a novice). This post contains good info and real analysis.

]]> By: Jeff http://www.peridotcapitalist.com/2009/09/evaluating-market-level-with-sp-500-having-reached-my-fair-value-target.html/comment-page-1#comment-1669 Jeff Sat, 19 Sep 2009 01:34:40 +0000 http://www.peridotcapitalist.com/?p=1453#comment-1669 As I was reading this post I kept thinking, "Wow! This is right on target with the way I think about and analyze the overall market". Good job Chad! As a devoted covered calls investor, now is an especially good time to hedge your long stock positions somewhat by selling some at-the-money or slightly in-the-money call options against your stock holdings. Regards, Jeff As I was reading this post I kept thinking, “Wow! This is right on target with the way I think about and analyze the overall market”. Good job Chad!

As a devoted covered calls investor, now is an especially good time to hedge your long stock positions somewhat by selling some at-the-money or slightly in-the-money call options against your stock holdings.

Regards,
Jeff

]]> By: Jay (market folly) http://www.peridotcapitalist.com/2009/09/evaluating-market-level-with-sp-500-having-reached-my-fair-value-target.html/comment-page-1#comment-1668 Jay (market folly) Fri, 18 Sep 2009 16:34:55 +0000 http://www.peridotcapitalist.com/?p=1453#comment-1668 Great post Chad, accurately sums up both sides of the argument. I'm cautious as well and probably leaning to the bearish side, although I feel it's slightly early to really put on shorts of size here. Nevertheless, nothing wrong with taking profits, raising cash, and putting out some hedges. Keep up the great stuff, really enjoy reading your work Jay @marketfolly Great post Chad, accurately sums up both sides of the argument. I’m cautious as well and probably leaning to the bearish side, although I feel it’s slightly early to really put on shorts of size here. Nevertheless, nothing wrong with taking profits, raising cash, and putting out some hedges.

Keep up the great stuff, really enjoy reading your work

Jay
@marketfolly

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