Bob Brinker's Market Outlook for 2012

From the article "Moneytalk's Bob Brinker's Market Outlook For 2012," Moneytalk host Bob Brinker says:

“In our view, the S&P500 index has the potential to trade into the low-to-mid 1400s range in 2012. On a valuation basis, using our conservative operating earnings estimate of $101 for next year, a price/earnings multiple of 14 would enable the S&P 500 index to reach the low-to-mid 1400s level."

Today the S&P500 closed at 1,265.43 so a gain of 135 points the low 1400s would be a gain of 10.7% from here.

Market Performance (not counting dividends)

14,164.53	1,565.15	2,873.54	865.29	<=MAX
12,291.35	1,265.43	2,625.2	751.31	<= Yesterday
DJIA	S&P	NASDAQ	Russell	VTI
CLOSE	500	Comp.	2,000	W5000
12,151.41	1,249.64	2,589.98	735.21	63.96	Today
5.0 %	(0.6%)	(2.4%)	(6.2%)	(1.5%)	YTD

The article adds

Brinker says: “We continue to rate the market attractive for purchase in the event the index returns to the area of the correction lows in the low-1100s. Above that range we suggest a dollar-cost-average approach for new stock market money.”

and

"All of his Marketimer model portfolios are fully invested."

Before anyone gets too excited, remember that in late 2007 and early 2008 Bob Brinker predicted the market would reach the 1600s and he issued a "gift horse buying opportunity" in the mid 1400s to take advantage of a correction.   See

• "Thank Goodness for Index Funds" and 
• "Two of the Worst Stock Market Calls in History"

Brinker has had his model portfolios one and two 100% in equities since March 2003! 

Neale Godfrey Guest Host for "MoneyTalk with Bob Brinker"

On December 11, 2011 at 4:00 PM - 7:00 PM EST Neale Godfrey, author of Money Doesn't Grow On Trees: A Parent's Guide to Raising Financially Responsible Children, will be the guest host for "MoneyTalk with Bob Brinker." 

About Neale: Neale S. Godfrey is an acknowledged expert on family and children’s finances who has been in the financial field for more than 30 years. Early in her career, Neale became one of the first female executives at The Chase Manhattan Bank. Later, she became the president of The First Women’s Bank and founder of The First Children’s Bank. In 1989, Neale formed Children’s Financial Network, Inc., whose mission is to educate children and their parents to take charge of their financial lives. Neale is the author of 17 books that deal with money, life skills, and STEM education, and has been honored with a #1 New York Times Best Seller, Money Doesn’t Grow on Trees: A Parent’s Guide to Raising Financially Responsible Children.

She is on the Board of Directors of UN Women and sits on Governor Christie’s Task Force for Gender Parity. Neale is the proud mother of two amazing children and two incredible grandchildren.