It’s a followup to the Wired article Algorithms Take Control of Wall Street.
AUTHOR
Mick Weinstein
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Price-to-earnings ratios look historically cheap, but that measure may also be deceptive based on the history of the 10-year PE.
Adage is favoring neither bulls nor bears, although the final verdict won’t come in until Halloween.
Historically, markets have snapped back smartly after corrections
U.S. stocks just saw their heaviest selling day since June. Yet the price data suggest we’re in for a minor pullback at this point, not a major one.