Just A Few Charts To Think About

The only other time the stock market was this expensive: 1929 and 2000 tech bubble.
PE Ratio

Inflation adjusted S&P: Setting in a double top.

S&P inflation adjusted

Dow Transports Are Not Confirming

dow transports5

NYSE (largest index by capitalization) hasn’t gone anywhere in 10 months. Now breaking below 200 day moving average.

NYSE Chart investwithalex

Massive divergence between collapsing macro data and stock valuations.

Macro Data InvestWithAlex

Z31

Just A Few Charts To Think About  Google

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