1-2-3 Model
Updated: 03/07/10
Signal: Yellow
S&P TTM P/E
21.99
Bad
Last Fed rate increase
A while back
Good
S&P 500 45 week SMA
1028.26
Good
Note: Fed raised discount rate, not fed funds on 2/19.
The 1-2-3 Model was developed by Dr. Steve Sjuggerud.
It is defined as:
Is the stock market expensive? (S&P TTM PE > 17)
Are the Feds in the way? (Fed Rate hike in [...]