The S&P 500's price to peak earnings ratio has moved up to 25.9, its highest level since 2000 and 50% above the historical median. $SPXhttps://t.co/l5IYmkf6Ih pic.twitter.com/DFI74St163
— Charlie Bilello (@charliebilello) July 17, 2024
Nasdaq
Large Engulfing candle, followed by a falling window
2 major warnings🚨
Engulfing is a bearish trend reversal candle.
Falling window is a bearish continuation pattern.
Two ways it could play out , continue falling causing a tear drop event OR it can churn and close… https://t.co/U9yqKFy4W6 pic.twitter.com/Z81byxIPee
— The Great Martis (@great_martis) July 17, 2024
Semiconductors.
Thats one ugly candle .
Study carefully, carefully study https://t.co/VOdFEPkQ3A pic.twitter.com/Pt9ZWxfx16
— The Great Martis (@great_martis) July 17, 2024
VIX SPIKED BY 10% ON WEDNESDAY FOLLOWING THE MARKET SELL-OFF
BRACE FORE MORE STOCK MARKET VOLATILITY
History suggests that the 2nd half of an election year is usually riskier in the markets
Read more details below 👇https://t.co/uKRdF62Y6c
— Global Markets Investor (@GlobalMktObserv) July 17, 2024