rjchilia123

Still bullish for short term - looking for sell signal

Largo
TVC:SPX   S&P 500
Despite all the bad news this market has had a very impressive rally, mostly because of the amount of stimulus by the fed including giving cash to banks to buy stocks. With that being said fair value with s and p earnings would probably be around 1100 assuming they come in at $75 which is my guess with 15x earning 1100 is fair value now of course we’ll see what they actually are but short term long, long term bullish.
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