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Sandp500

S&P500 - PE Ratio Growth Similar to 1999 .COM CrashThe website known as multpl reported that yesterday the Current S&P 500 PE Ratio: 37.37 If you Google search " Multpl " you'll see the website that I'm referring to. The last time the SPX PE Ratio was this high was back in 1999 when we had the .com crash If you also use Yahoo Finance as a tool for your decision making process, well unfortunately they report a lot of false data. You can easily discover this simply by looking at their quarterly earnings and then comparing those percentages with the charts here on TradingView. For Example, if you look up AMD in Yahoo Finance they display that the Current Quarter Estimate (Analysis Tab) has a growth of 43.80%, but in fact if you pull up a chart of AMD here on TradingView and calculate the growth simply with price per share beginning of the quarter (Oct 1) with the current price, it's clear that stock did not grow anywhere close to 43.80% This applies for many other stocks listed in Yahoo Finance as well. Sure we have been getting better then expected earnings in 2020 but my point is that if you're using third party tools like Yahoo Finance and looking at the forecasts for next quarter or next year, you might want to be careful you don't invest heavy to later discover the data may very well have been incorrect. Many large corporations including AAPL are expected to slowdown significantly in the first quarter of 2021. What I wonder is who really wants to take on the unnecessary risk of investing at these highs based off the backs of an artificial economy produced by QE from the Fed ?? Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
SP:SPXShort
by Michael_Harding
3
> ElliotWave >< complex 5-3-5 WXY zig-zag (green) >< WaveFour >As title suggests, we are currently mid way through a dragged out complex WXY zig-zag. This is the final wave 4 of the unwinding 4-5 4-5 4-5 of concentric 1-2 1-2 1-2's that began VDUMP lows. These unwinding market torrents are remnants of the initial impulse off the VDUMP lows from previous posts. corroborated by the highly complex interior os the beginning of the structure highlighted by the 5 degree complex WXY and the 2 idencical "BAK" WXY wave 2 and 4 in the first of the 5 waves of the Simple ABC zigzag inside.
CME_MINI:ES1!
by thatsblatzphemy
1
BEAR TRAP OR BULL TRAP?Is the market breaking out or still correcting? I can make a case for 5 waves up from March with a correction that potentially started in September. This could also be the start of wave #5 which puts price a good bit higher. I cannot determine that yet- price would need to drop hard very soon to convince me of a continued correction. There's just one red flag on this chart worth watching. The heavy pink line is the put:call ratio average. It is potentially reversing which could signal a trend change in price. As price moves up, the ratio drops. As price moves down, the ratio increases. This provides an excellent gauge for true sentiment. Tracking the price direction, volume , and the put/call average can really help identify where the masses are throwing their money. Always being contrary isn't wise but there is a time & place for it if you know how to identify a change in the wind... one way is to wait for the wind to change!
CME_MINI:ES1!
by gghsusa
US500 - approaching TP3S&P500 approaching TP3 With our stocks strategy we work to a TP3 target. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow. We just have to do what Percy does. Please see our related ideas below for more information to explain what we do and how it can help you.
ULong
by pow_removetheguesswork
GLOBAL CRASH INBOUND?As charted, everytime we see a Ichimoku CLoud break in the VIX ( Volatility S&P 500 Index ) we see a strong rally out of it. The most recent example of this is on the 13th Feb 2020. Inversely proportional to the VIX , the S&P 500 Index has massive negative price action, represented on the 21st Feb 2020. Coincidence? I think not... Since the beginning of COVID19 governments around the world have been scrambling to control there domestic economies by all means necessary. It's of no secret that there is a huge amount of Global Hyperinflation and we are starting to really feel the effects of what this virus has done. Nothing is guaranteed and we have deflected out of Ichimoku Clouds before to stabilise as represented most recently on the 31st July 2020, (Remember though that the S&P 500 still dropped close to 6%) Currently looking at price action on the S&P 500 Index entering the cloud doesn't fill me with confidence, along with the VIX ( Volatility ) shaping up to break through the cloud and destabilise the S&P 500 . This isn't just isolated to the S&P 500 Index , check out all the other Major Indexes to see the relationship. America is about to enter "Flu season" (Winter) and it has the Presidential Election coming up. This could be shaping up for a BIG ONE.... Will history repeat? These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTA. Happy Hunting!!! *Prices will differ depending on charts used
TVC:VIX
by Trader_Johnni
70
S&P 500 - Pullback Before Bullish MoveOn the matter of the S&P 500, I am long-term bullish. In fact I posted an idea suggesting $380 SPY within the next quarter. After a second look at this past week's price action, I still believe we'll hit $380 SPY, it most likely will be in 2021 though. We've had quite the bullish momentum running for awhile. I think an appropriate step back is about to take place. I am unsure on the finishing price point of the fifth wave, there are just way too many factors to consider. But I believe this will play-out before we see more bullish mania.
AMEX:SPYShort
by ericisom887
5