well lookie where we closed $SPX today (3373) in comparison with this tweet from December 15th. Looks like I do some good work every now and then👏😎👊📈
So how high can the $SPX go before things get dicey? The market has done an excellent job of maintaining a trailing PE between 20-24 (minus the Q4 2018 hiccup) going all the way back to late 2014, so an SPX # that puts PE at 24 is...3371. Higher than that before April 2020 would be undesirable #steadypace
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