Here is my number one question:

“What justifies the S&P 500 P/E ratio being 44% above its historic mean?”

Seems like a reasonable question.  In this week’s update, I venture into a little bit of fundamental analysis.  Weird, I know, for a technical analyst.  But sometimes we have to venture to the dark side, if only briefly.

Watch this week’s video and let me know what you think!