Snitz explains if the SP 500 is overcooked?

There are a ton of pundits on legacy and social media indicating that the stock market is heading for a plunge. Ergo, because the SP 500 is jacked beyond normal levels.

Actually it's not that high. The current PE is 28 vs 24 the average since the early 1990s. But wait! The Magnificent Seven (Amazon, Meta, Apple...blah blah blah) now accounts for over 35% of the index. Before 2015, the index wasn't so reliant on a small group of high flying stocks. Remove those seven stocks and the PE ratio falls to 22.4. Below historical norms.

So the stock market isn't over inflated, the Mag 7 might be? Can you purchase the market without over weighting these seven? I do! It's called the Equal Weight SP 500 index.

Remember, the Report is completely responsible if you act on our advice and you end up living in a double wide trailer.