Earnings multiple averages between 14.5-17.5 times forward earnings. Gives a range on the SP500 of 2506-3027
Historic earnings of $162 on Dec 24 low at 2347 gave a historic multiple low of 14.5
At 2880, a drop to 2740 is 5% pullback. Buy XGRO 19.9
A drop to 2506 is a 13% pullback. Buy XGRO 18
Historic earnings of $162 on Dec 24 low at 2347 gave a historic multiple low of 14.5
At 2880, a drop to 2740 is 5% pullback. Buy XGRO 19.9
A drop to 2506 is a 13% pullback. Buy XGRO 18
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