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Bespoke: S&P 500 Index and Sector Trading Ranges

edited June 2013 in Off-Topic
Hello:

From review of the below chart ... It appears that the Index is back to fair value from a technical perspective.

http://www.bespokeinvest.com/thinkbig/2013/6/5/sp-500-and-sector-trading-range-charts.html

And, here is what Moringstar's Market Fair Value Graph is showing:

http://www.morningstar.com/cover/market-fair-value-graph.aspx

Good Investing,
Skeeter

Comments

  • Perhaps when the earning growth is growing in a sustainably pace. Beware of those revised (and lowered) numbers just before they are reported.
  • Thanks, Skeeter. Guess I need to be reminded from time to time to look at the Bespoke site; lots of great info there.

    Consumer staples oversold is kind of a surprise ...
  • As of June 7th, 93% pf the S&P 100 stocks are above their 200 day moving average.
    Reference Article on this Stock Chart indicator:

    Best-Indicator-Ever-Update

    Link to Stock Chart active indicator...save for your future reference:

    stockcharts.com/h-sc/ui?s=%24OEXA200R
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