MRKT Call cover image

MRKT Call

S&P On 5,000 Watch + Carter Chats Nike

Feb 8, 2024
Financial analyst Carter Worth discusses stock market trade ideas and market headlines with Dan Nathan and Guy Adami. Topics include S&P 5000 watch, AI bloat, DIS, NKE, WYNN, PYPL, PINS, and earnings insights.
49:53

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The S&P 500 is currently overpriced, surpassing its historical valuations.
  • Investors should exercise caution with Pinterest's upcoming earnings report due to potential volatility.

Deep dives

Market Valuations: S&P 500 PE Ratio Surpasses 20

According to a report by John Butters, the S&P 500's four 12-month PE ratio reached 20.1 on February 6, surpassing its five-year average of 18.9 and its 10-year average of 17.7. This indicates that the market is currently overpriced, even when considering the average valuations over the past 15 to 25 years.

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