/biz/ - Business & Finance

210 S&P500 Earnings X 16 PE Ratio = 3360

We finna plunge, I hope it happens this month

>>51689427
Shemitah ending is bearish
Sell Rosh Hashanah buy Yom Kippur
September is the worst month for stocks
This week is the worst week for stocks
The midterm elections bottom is around the beginning of October
Quantitative tightening is ongoing
The 10 yr yield has temporarily topped
The DXY has temporarily topped
Potential downward earnings revisions are coming out starting this week
AAII sentiment shows the highest bearish reading all year, and an all time top 20 reading
Put to call ratio at extreme levels
VIX above 30, VXN above 35
Bond volatility index at 158, one of the highest reading in decades
October is the month with the most market bottoms at 9

We are close

>>51628206
Yes. The market minus the top 10 stocks, is actually under 15 PE ratio. Doesn't mean they can't go down more, but most of the drawdown is probably behind us.

>>51601932
>>51601961
Sorry I meant 16 times.

The 200 week moving average 3585
50 month moving average 3525