Wall Street weekahead: Coronavirus uncertainty muddies views on buying opportunities for plunging stocks

NEW YORK - U.S. stock valuations are tumbling in the wake of the coronavirus-fueled market rout, but determining when equities are cheap enough to buy is a tricky proposition.

The decline in forward P/E marks a drop from the highest level since about mid-2002 to a level below the index’s historic average. “It’s a little bit difficult to look at the P/E even for this year. The estimates are going to come down; they are still too high,” said James Ragan, director of wealth management research at D.A. Davidson. “It’s just so hard to even figure out what the impact is going to be.”

BofA Global Research on Thursday cut its S&P 500 forecast so that it now projects earnings to fall 15% this year.

Os investidores globais viram o show de trump e já perderam a confiança na economia dos eua, e o dow jones deve cair abaixo de 15.000 pontos. O encerramento de um grande número de empresas,

It is recommended to trade in the normal mode, because empathy between business and government consumers does not significantly deteriorate the direction of the market.

Indonesian minister, Luhut Binsar Pandjaitan in December 2019 said Indonesian Rupiah (IDR) will be under IDR 10,000 / 1 USD. Now USD 1 = IDR 16,002 Should he resign? Indonesia

I'm not buying more until the market holds steady above 21.5 Until then, it's just bouncy boy off the bottom mainstreet acorns investment

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stocks Plunge As Coronavirus Continues To Cause Unprecedented Volatility On Wall StreetStocks were down again today, erasing the previous session’s gains as investors grappled with ongoing uncertainty from the coronavirus by skleb1234 skleb1234 Who is this guy? skleb1234 And then they will move upward tomorrow due to the stimulus package. Then downward because cities are shutting down. Then up based on some other news....Best bet is to just invest as normal and dollar cost average out. DontPanic WeCanDoThis skleb1234 If you have cash and are not grabbing stock deals. You are missing the boat.
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »

Wall Street looking to use more knowledge graphs for coronavirus - Business InsiderWall Street is looking to deploy data-mapping tech pioneered by Google and it could help visualize how the coronavirus is upending businesses and economies
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »