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  • Derf September 2020
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Pullback Brings Stock Closer to Fair Value

edited September 2020 in Other Investing
Linked below is Morningstar's Fair Value Chart. To see how the market has moved in respect to fair value during the past year click on the 1 year tab. Very interesting? Yes! So, if I buy now ... I'm thinking ... that I would be over paying based upon the metrics of this chart and it's mythodology.

With this, I await a better buying opportunity.

Interestingly, Old_Skeet's market barometer indicates that the S&P 500 Index is overbought at this time as well.

https://www.morningstar.com/market-fair-value

Comments

  • At this time it looks like the morning futures didn't hold up. Market on the down side.
    Derf
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