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Thread: Stock Market S&P 500 Fair value calculation
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Old 08-22-2022, 03:11 PM
jimjamuser jimjamuser is offline
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Originally Posted by Ski Bum View Post
Just some thoughts...

PE at 15... why? That might be an assumption for the market of yesteryear. Lots of things have changed. 18 and 21 are common numbers. At $4200 is 21.

6 month projection... Why? TOTV readers are long-term investors. And the market is forward looking one to five years.

Don't count on stock buy backs. The Brandon Bill taxes buy backs. Businesses will change their behavior.

I never did understand relying on charts of past data. Business is always evolving and very much moves on emotional behavior, especially in the short term. Maybe that behavior is reflected in past charts, I don't know. I really think the biggest pressure on the market right now is expectations for the upcoming election.

I am an MBA and MSIB (MS International Business)... not looking to argue, but explore ideas.
I agree that emotional behavior is MORE important for timing buys and sells than MOST investors realize.