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Strategies & Market Trends : Market Trends & Market Chatter (Investment Ideas)
TIGR 9.270+2.9%Jan 15 3:59 PM EST

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From: Ms. Baby Boomer9/2/2020 8:01:54 PM
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Recommended By
rdkflorida2
Rollocaster

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S&P Reaches Critical Resistance,
Valuation At Record High As Liquidity
Crashes...


The S&P 500's P/E multiple just broke above the all-time highs from the dotcom bubble...




Source: Bloomberg

As the S&P 500 reaches a critical resistance level...



Source: Bloomberg

And the record surge higher in stocks is occurring as liquidity crashes to record lows...

Source: Bloomberg

Nasdaq from +1.3% to -1% to +1.0% - Composite broke above 12,000 today. The Dow and S&P massively outperformed today with a massive panic-bid all afternoon...



Cont'd @ zerohedge.com

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