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  • Derf September 2020
Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Pullback Brings Stock Closer to Fair Value

Old_Skeet
edited September 2020 in Other Investing
Linked below is Morningstar's Fair Value Chart. To see how the market has moved in respect to fair value during the past year click on the 1 year tab. Very interesting? Yes! So, if I buy now ... I'm thinking ... that I would be over paying based upon the metrics of this chart and it's mythodology.

With this, I await a better buying opportunity.

Interestingly, Old_Skeet's market barometer indicates that the S&P 500 Index is overbought at this time as well.

https://www.morningstar.com/market-fair-value

Comments

  • Derf
    At this time it looks like the morning futures didn't hold up. Market on the down side.
    Derf
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