The US stock market is currently in a stage of irrational exuberance, with rampant retail speculation and prices severely detached from value.
Despite a 10% decline in NASDAQ EPS (earnings per share), the NASDAQ 100 index continues to rise! See 👇 Figure 1
The dividend yield of the S&P 500 has reached the second lowest historical low, while deteriorating economic fundamentals are destroying everything, just a step away from a new historical low! See 👇 Figure 2
The PB (price-to-book ratio) of the S&P 500 index has reached a historical high! See 👇 Figure 3
Speculation is rampant. The daily options trading volume in the US has set a historical record of 53,000, with the extremely risky 0DTE (options expiring in one day) accounting for 55% of the total options market! See 👇 Figure 4
The US stock market has become too crazy. When the avalanche comes, no snowflake is innocent. Today's sharp decline in retail data 📊 seems to indicate that something is on the way! We need a rapid valuation correction, accompanied by localized panic crises, prompting massive liquidity injections and accelerated interest rate cuts, waiting for this moment to arrive! 🧐 Be a patient cheetah!
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
