A Follow-Through Day—a gain of 1.5% or more on higher volume than the previous session—would then confirm a Confirmed Uptrend. Our studies show that P/E ratios alone are not decisive in stock selection. Many top-performing stocks had above-average P/E ratios before achieving substantial growth.
Andrew Ferris warns S&P 500 rally is ‘superbly overvalued’
Andrew Ferris of Ecognosis Advisory suggests that inflation is rising. He believes the Federal Reserve will not cut interest rates in September. He finds the
August 13, 2025