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Nebuchadnezzar

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Nebuchadnezzar

Re: tulla236a post# 142702

Friday, 09/13/2024 10:33:38 AM

Friday, September 13, 2024 10:33:38 AM

Post# of 142727
little do people realize, the market is topping or has already topped

the market has already priced in 100 bips in price cuts for 2024 and another 100-150 for 2025

at 5600,even if market earned $300 per share in earnings, that would be a PE of 18

at $265 its 21 times earnings multiple

$265 x 19 is 5,035 on the SP 500

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