US Stock Market Outlook After Top in mid-August 2022 |
Published Aug 18 '22. Last edited Nov 30 '22 |
pc[Expect #SP500 earnings to collapse 9 months after #UST2Y peak]ce Predicted By Game of Trades.
pc[Since 1960, P/Es have trended lower when #inflation is higher. With YoY core PCE now at 4.6% and S&P500 trading at ~19x, we should see stocks fall another 20% by mid-October…if historical seasonals mean anything.]ce Predicted By Scott Minerd.
A move like what #AAPL did since mid-June until now is not sustainable.
#checkafter1month Predicted By Carter Worth at Worth Charting.
Update on 20220902, #AAPL stock price dropped 9% since its peak in mid-August so far. .
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