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Fundamentalanalsysis

When to Buy Stocks - S&P 500 Dividend Yield CurveBefore start reading on; this chart is inverted. More on that later Interpretation According to Mike Maloney, the S&P 500 dividend yield curve is the second best way to measure a stocks value (after the Shiller S&P500 PE Ratio -made a post on this, go check it out). The ratio indicates how much a company pays out in dividends each year relative to its share price. In other words, it measures how much "bang for your buck" you are getting from dividends. In the absence of any capital gains, the dividend yield is effectively the return on investment for a stock. The lower the dividend yield, the less you get for your investment and hence the more overvalued a stock. The historic S&P 500 Dividend Yields were deducted by Robert Shiller and published in his book Irrational Exuberance. Why is the chart inverted? Two reasons 1. This allows you to see, bubbles are up instead of down, and undervalued is down instead of up 2. The higher the yield the more undervalued the stock is, the lower the yield the more overvalued the stock is Areas of S&P 500 Dividend Yield Curve Stocks are undervalued: 1% - 4% Stocks are undervalued: 4% - 5% Stocks are fair value: 4% - 6% Stocks are undervalued: 6% + Keeping an eye on... The alarming thing when looking at this chart is it has only once ever been this high and that was at the beginning of the millennia and this chart goes all the way back to 1872. As of the time of this writing it is at 1.94. The highest it’s ever been is 1.11. This goes to show the size of the bubble we are currently is. Note: This "indicator" is used to find the best time to purchase stocks, not to pick or find the market top/bottom How to “rebalance the dividend yield curve” Going back to Mike Maloney and his analysis...to bring down this dividend yield he sees two ways the market can seek equilibrium. 1. The market goes sideways for a decade while we have raging inflation that will balance this out and then bring dividend yields and PE’s ratios back into line 2. It crashes, the markets go down The currency supply collapses, therefore this has to be a deflationary collapse, this cant be an inflation in what they call an invisible crash. Note that the source of the material here is from 2011 Source: www.youtube.com (58:22)
MShort
by Muncher
0x - ZRX as bullish as it gets...Dear readers, this is by no means a genious technical analysis in any way - Iam aware of that. So put aside the TA teacher in you and just accept this as a friendly reminder - to not miss the chance on this awesome opportunity. In my opinion 0x is going to explode very soon the same way Chainlink did already! The fundamentals are awesome...: - team - tech - partnerships - exchanges - adoption Everything is on point! Yes - we may fall some Satoshis from here - yes maybe this is not the perfect entry point. But how important are perfect entry points? 1. Almost nobody catches them (even if many out there tell you so). 2. Who cares about the perfect entry, when you booked your 2x or more? This is no short term view - this is a mid term to long term hold to me. The line I painted may be misguiding, do not look at it like this is the way it has to go - its just a rough estimation to paint you a picture for your imagination. Still this is no financial advice - I would never talk somebody into putting his money into this insane high risk, high reward crypto space. As mentioned before - this is just a hint, if you like it - good, if not - fine with me as well. I wish all of you the best of luck - and have a nice day! If possible enjoy it outside and leave tradingview, coinmarketcap and all the exchanges behind at home - at least until the sun goes down ;). Cheers !
Long
by eminenceheld
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