Gotta love ZERO RISK in the SP500 = $$$

<i>"The current P/E ratio of S&P 500 is the lowest in the last 10 years, making the stocks very inexpensive. "</i>

Sure they are... based on layoffs, downsizing, outsourcing, M/E and stock buybacks.

When earnings reflect organic internal growth & sales instead of accounting smoke & mirrors, savvy investors will get excited about buy & hold. While XOM remains leading money-earner of all companies, there is a problem.
 
Looks as if they are using the Dow to tow the line, the other indexes are much harder to juice higher, NQ acts like it want to go down ES is following the Dow very timidly.
 
Quote from myminitrading:

You must be looking at forward earnings, its like trying to predict the weather next month.

OK, let's look at trailing P/E. The market still looks inexpensive:
 

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Quote from myminitrading:

I am starting to sound just like the traders I talk about, these who cant buy into a rising market. gees what is happening to me I am loosing my edge.

'edge'...you have an edge??:confused:
 
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