)The top 100 stock
market authors
selected for publication in the last week
market authors
selected for publication in the last week
Hans Wagner » Comments » Single Comment
-
The Seeking Alpha 100
See all
Seeking Alpha 100 » -
Fastest Climbers
Those with the largestSee all
increase in followers
in the last week
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most activeSee all
Instabloggers.
Top Instabloggers » -
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
-
The point of the article was to make a fundamental case for a bear market rally. Regarding the 27.5 PE ratio, I suggest reading my latest article on the PE ratio for the S&P 500. The trailing PE ratio is 122 and the forward PE is 25.28 with a forecast for the next year's earnings of $41.49. The earnings forecast is from Standard & Poor's.
Sep 14 18:34 pm
|Rating:
0
0
All Comments by Hans Wagner »Is it a Bull or Bear Market – Case for a Bear Market Rally [View instapost]
There are several technical indicators that say we are near a high with a pull back likely. Then others tell us the rally will continue. My view from a techncial standpoint is we are still in a nice rally that shows signs of aging but has not turned down. The only problem I see longer term is the fundamentals do not support a strong recovery in the eocnomy, so I do nto expect the market to move up much more. Sideways trading is more likely