$AAPL is up 4% on the worst earnings ever, and you are telling me 0DTE options are not an issue?
— Matteo Marinelli (@MrnllMtt) February 3, 2023
Just a reality check on buying the S&P at these levels for anything more a 'trade'. Shiller Cyclically Adjusted Price Earnings (CAPE) valuations are still at 29x… If you are 'buying the dip' or buying 'Stocks for the Long Run' then time is not on your side at these valuations pic.twitter.com/dY76uo6X03
— Ian Harnett (@IanRHarnett) February 2, 2023
Back when $AAPL had its worst quarterly/yearly earnings it had a
P/E of 10 in 2016. Todays P/E of 25 seems like it’s highly overvalued and if it reverts to the avg PE it was from 2010-2018 of a 10 we are looking at least a -50% decline from todays price. pic.twitter.com/A0ZB2dcAfV— Golden Coast (Cassandra) (@GregCrennan) February 2, 2023