These are some numbers that can be found on the Standard and Poor's official website. You can download a spreadsheet showing current earnings estimates.
They are free for everybody to peruse.
Current S&P500:1076,PE 85.77 Earnings 12.54
Estimate 2010: earnings: 58.46 (Source: Standard and Poor's)
Assume PE=20 Estimate S&P500 2010: 1169
Assume PE=17 Estimate S&P500 2010: 994
Estimate 2011: Earnings: 68.91 (Source: Standard and Poor's)
Assume PE=20 Estimate S&P500 2010: 1378
Assume PE=17 Estimate S&P500 2010: 1171
You can plug your PE and make your own S&P 500 projections. The main "given", of course, is the projected earnings for the S&P 500.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.
I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.
Disclaimer. No material here constitutes "investment advice" nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
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