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S&P500 P/E is 22...forward P/E is approaching 30. Europe and China have ground to a halt. US housing market is down 10-20% and stocks are 20% higher in 2 months because the FOMC choose to use BS dovish rhetoric. This market is on the cusp of a collapse.
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4 charts that show why a stock-market rally has taken hold on Wall Street in FebruaryStocks are levitating higher on Wall Street, with major benchmarks and a few market gauges offering some more definitive signs that a rally that took hold in January may give way to a more lasting uptrend. No human being can analyze vast amounts of qualitative and quantitative data for Stocks, ETFs and Currencies, FinBrain does that for more than 6000 assets, you can visit our website for more.
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