The S & P 500 once again closed at a new all-time high, achingly close to 5,000 for those enamored of nice round numbers.
.SPX 1Y mountain S & P 500, 1-year Is there an option trade we can use if we're not sure?
If S & P earnings grow closer to their historical average, then $240ish (let's stick to round numbers) might be a more accurate estimate.
$240 a shares multiplied by 20 = $4,800 in the S & P. So in that context 5,000 is a little rich, but not much.
The VIX Index , a measure of 30 day volatility in the S & P 500, is below 13, cheaper than usual.
Persons:
we're, Jeremy Grantham, Paul Krugmans, aren't
Organizations:
Investors, Nvidia
Locations:
China, U.S