Replies to post #45155 on A.I.M. Users Bulletin Board (AIMUSERS)

[OldAIMGuy]

Thanks JD, Re: v-Wave update...................



The rubber band seems to be stretched rather tightly right now. Value
Line's average Yield is down to 1.8%. That doesn't compare favorably to
26 weeks ago when it was 2.3% or from the 2020 Market Low when yield hit
3.7% briefly. There's not much benefit in buying stocks for yield right
now as there has been. Median value is 2.1%, so current yield is one more
indicator that the markets are a bit richly priced right now.

Best wishes,
OAG Tom

[OldAIMGuy]

Hi JD, Re: Richly Priced Markets.....................

In general accumulating stocks when Value LIne's median dividend yield has
been 2.3% or higher has been rewarded with better total return. When yield
is below 2.0% price appreciation potential has usually been lower along
with total return. Current Value Line Yield shows 1.8%, the lowest it's
been since November of 2007.

This is another sign of the stock market being richly priced.