Longterm Outlook SPY
I am taking a more long-term look at where I see the index and at what prices I think would be too good an opportunity to pass up given the future interest rate hikes and unknowns with regards to oil prices & supply chains.
I personally feel the 325-350 range represents a good outlook on the economy overall. It would represent an acknowledgement of the problems caused by the pandemic and its related fallout. It is a humbling but optimistic figure.
I think it is very reasonable to expect buyers to support this valuation and it is a good place to look for long opportunities.
The 297-266 range represents an increasing amount of pessimism. I think it will take at least 3 negative quarters of GDP maybe 4 for us to enter this range. I would look to this range depending on how earnings reports look in the coming months.
Just my humble thoughts.
I personally feel the 325-350 range represents a good outlook on the economy overall. It would represent an acknowledgement of the problems caused by the pandemic and its related fallout. It is a humbling but optimistic figure.
I think it is very reasonable to expect buyers to support this valuation and it is a good place to look for long opportunities.
The 297-266 range represents an increasing amount of pessimism. I think it will take at least 3 negative quarters of GDP maybe 4 for us to enter this range. I would look to this range depending on how earnings reports look in the coming months.
Just my humble thoughts.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.