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        $S&P 500 Index(.SPX.US)$ On a price-to-earnings basis, the S...

        $S&P 500 Index(.SPX.US)$ On a price-to-earnings basis, the S&P 7 is now as overvalued as tech in 2000 and the Nifty Fifty in 1972.
        These are the same stocks that have accounted for 95% of the S&P 500's gain this year.
        The P/E ratio on some components of the S&P 7 is now more than DOUBLE the levels seen in previous bubbles.
        For example, Nvidia, $NVIDIA(NVDA.US)$ , now has a P/E ratio of 115x.
        However, without these 7 companies, the S&P 500 is up just 4% this year.
        $S&P 500 Index(.SPX.US)$ On a price-to-earnings basis, the S&P 7 is now as overvalued as tech in 2000 and the Nifty Fifty in 1972. These are the same stocks tha...
        Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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