2/ Tech is currently the most expensive it has been since the Financial Crisis, at 1.4x the S&P 500
The only time it was more expensive was during the Dot Com bubble pic.twitter.com/RQilbntVFZ
— Game of Trades (@GameofTrades_) July 18, 2023
4/ The PEG ratio shows what investors are willing to pay for a company's earnings growth
It's calculated by dividing the P/E ratio by the expected EPS growth rate for a specified period pic.twitter.com/om6b3WVPha
— Game of Trades (@GameofTrades_) July 18, 2023
6/ Today's PEG ratio resembles levels seen during the Dot Com crash
Indicating a limited runway for the current rally pic.twitter.com/rtLVUT32Zt
— Game of Trades (@GameofTrades_) July 18, 2023
8/ Thanks for reading!
If you found this thread valuable, please ❤️ and 🔁 the first tweet below
And follow @gameoftrades_ for more market insights, finance and investment strategiest.co/r9UDnY9jPl
— Game of Trades (@GameofTrades_) July 18, 2023
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