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Stock Of The Day: Buy or Sell?
Hewlett Packard (HPQ) is a Sell
Chart for HPQ
Risk levels may be somewhat higher than normal and additional caution is warranted.
Top ETF Winners
PGM at $25.00 (+12.11%)
WDRW at $28.62 (+8.82%)
UVXY at $26.31 (+7.7%)
Top ETF Losers
DPST at $27.21 (-7.29%)
DRN at $112.19 (-4.83%)
SOXL at $35.94 (-4.79%)
Chart for S&P Earnings
The S&P Earnings is 94.59. This is 71.2% above the historic median figure of 55.25.
The higher the S&P Earnings are above their median level, the higher the perceived risk in the market.
S&P Price/Earnings Ratio
Chart for S&P Price/Earnings Ratio
The S&P Price/Earnings Ratio is 24.95. This is 26.7% above the historic median figure of 19.69.
The higher the Price/Earnings ratio figure is above the median, the more overvalued the market is considered to be when earnings are positive. If earnings are negative for the market, this indicator is not as valuable.
Chart for Put/Call Ratio
The Put/Call Ratio is 1.15. This is 0% above the historic median figure of 0.00.
Chart for VIX
The VIX figure is 13.37. This is 24.6% below the historic median figure of 17.74.
The CBOE Volatility Index® (VIX®) is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. Historically, VIX levels above 50 correlate closely with periods of stock market panic while VIX levels below 20 are more typical during relatively calm periods in the market.