Stocks are Historically ExpensiveWhile S&P 500 valuations don’t look very rich by some measures — the index is trading at about 16.3 times forward earnings, below the average valuation during the past five years — they are higher than they’ve been 80% of the time going back to 1928. Stocks are also historically expensive relative to […]
CONTINUE READINGSPY ETF Chart 8.29.19 Despite the positive news coming out of China, the SPY ETF continues a 10 point range-bound price action.The volatility is terrific if you have discipline to be patient. I’ve had a few coaching calls this week with traders taking some unnecessary losses because of a lack of focus.We are in a […]
CONTINUE READINGThe stock market sees heavy selling overnight… No wait, the stock market rallied.Trump says this, China says that. This is not a trading situation for those without a plan, or if you are a new stock trader. If you want to be here for the long-term, get a proven plan or step aside. There’s no […]
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