![A Perennially Poor Market Timing Tool, Why is the Shiller P/E Ratio Critical all of a Sudden?](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/02/2013-02-21-Shiller-PE-Monthly.png?resize=150%2C150)
A Perennially Poor Market Timing Tool, Why is the Shiller P/E Ratio Critical all of a Sudden?
Take a look at the rolling 10 year average P/E ratio on the SPX below. It current stands at ~22.5x. What do you notice? Why has this level been so important in the context of history? Why is it that…...
![Long-Term Meat Product Bull Market Over? Impact to Stocks & Industries?](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/02/2013-02-21-Cattle-Feeder-Live-Cattle-Weekly.png?resize=150%2C150)
Long-Term Meat Product Bull Market Over? Impact to Stocks & Industries?
The first half of this post’s title is not a joke. In the charts below live and feeder cattle have been battling quarter-century, long-term channel resistance over the past two years, having, along with the rest of the commodity group,…...
![All Over for Housing Re-Inflation?](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2013/02/2013-02-21-Lumber-Weekly1.png?resize=150%2C150)
All Over for Housing Re-Inflation?
Both lumber and LEN face significant long-term channel resistance in the charts below. Is the Bernanke-inspired housing re-inflation run over for home-builders and housing in general?