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home / news releases / QDIV - S&P 500 Earnings: Revisions Becoming Less Negative?

QDIV - S&P 500 Earnings: Revisions Becoming Less Negative?

Global X S&P 500 Quality Dividend

Summary

  • Given price action and market breadth, I’m still leaning positive for the S&P 500 to definitely break the downtrend line in place since January ’22.
  • The PE ratio on the S&P 500 jumped to 18x this week after the weekly 2.5% rally, up from the 17.5x last week, and the 15.5x from 9/30/22.
  • Inflation is becoming less of an issue but it’s not been completely eradicated.

For further details see:

S&P 500 Earnings: Revisions Becoming Less Negative?
Stock Information
Company Name: Global X S&P 500 Quality Dividend
Stock Symbol: QDIV
Market: NYSE
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