Global Stock Market Indices PE & PB Ratio At a Glance (6 Dec 2014)

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Market Indices PE & PB Ratio for Major Stock Exchange globally.

  • US: Dow Jones Industrial, S&P500, NASDAQ, Russell 2000
  • Europe: FTSE100, CAC40, DAX
  • Asia: KLCI, STI, HangSeng, ASX200, CSI 300, JCI, SET, KOPSI, NIKKEI 225, SENSEX, TWSE, NZX50, PSEi

Global Stock Market PE PB Ratio Summary Dec 5-2014

Dow Jones Industrial, S&P500 and NASDAQ are on Viagra and continue to  close at record high. Average PE ratio increases from 22.86 to 23.17 whereas PB Ratio increases from 2.24 to 2.27. Most of the stock market now are overvalue now. Technically $INDU, $SPX, $COMP are all on clear up trend and we are entering a seasonally most bullish six months from Nov to April base on past statistics. However, it is important to be cautious that stock market may go through the sharp correction after the QE ends.

See Nov 2014 Global Stock Market PE Ratio here.

Shiller PE Ratio Dec5-2014S&P500 PB Ratio Dec5-2014

  • PE  = Price Per Earning
  • PB = Price To Book Value
  • Want to Learn More about how to value the stock market using PE Ratio or PB Ratio? Check out the Fundamental Analysis Class here.

 

 

 

 

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S&P500 ETF (SPY): Expect Correction

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S&P500 ETF (SPY) is currently trading within an uptrend channel but expecting to retrace after hitting the channel resistance.

Current PE for Russell 2000 is 18.2 (over value).

Base on past SPY chart pattern, it is not so easy to trade due to the following:

  • SPY is at historical high, it is risky to long at high.
  • It is also risky to short at the current level because SPY is still on uptrend. It will be a counter trend trade if short at this level.

SPY Dec1-2014

Original post from My Stocks Investing Journey by Marubozu.

Continue ReadingS&P500 ETF (SPY): Expect Correction

Russel 2000 ETF (IWM): Trend Reversal!

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Russel 2000 ETF (IWM) showed a Three Outside Down, reversal pattern, after getting near to the all time high level. Watch out for a start of down trend. 200D SMA support is at $114.

Current PE for Russell 2000 is 50.41 (over value).

Base on past IWM chart pattern, IWM has nice tradeable pattern in two directions (up trend and down trend).

IWM Dec1-2014

Original post from My Stocks Investing Journey by Marubozu.

Continue ReadingRussel 2000 ETF (IWM): Trend Reversal!