PVG Market In A Minute – February 17, 2016
- PVG Admin
- February 16, 2016
Last week, the market came down and retested the low and support level of around 1813 on the S&P 500, and then bounced strongly from that level. At that level on the S&P 500, it is around 15.5x earnings, which is not a compelling level, but one that the market appears to be comfortable with at this point.
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Market in a Minute 2016-2-17