rjchilia123

Still bullish for short term - looking for sell signal

Long
TVC:SPX   S&P 500
Despite all the bad news this market has had a very impressive rally, mostly because of the amount of stimulus by the fed including giving cash to banks to buy stocks. With that being said fair value with s and p earnings would probably be around 1100 assuming they come in at $75 which is my guess with 15x earning 1100 is fair value now of course we’ll see what they actually are but short term long, long term bullish.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.