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Showing posts from September, 2022

S&P 500 Sectors Earnings Update - September 2022

S&P 500 The S&P 500 index has lost 22.4% year to date with a 3-year annualized returns of 9.0%. The index earned $203.92 per share over the last 12 months and is expected to earn $223.22 per share in the current fiscal year. The current dividend yield is 1.82% and it is expected to yield 1.79% over the next 12 months. The index is currently trading cheaper at a PE of 17.83 relative to its 10-year average of 29.28. From the technical analysis perspective, the index is bearish given 12.38% of its members are trading above their 200-day moving average price. Over the last 12 months, the index earned a positive return 44.23% of the time , with none of the members closing at its new 52-week high price and 24.06% of the members closing at a new 52-week low price as of the last trading day. Consumer Discretionary The Consumer Discretio