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As of May 4, 2026, the S&P 500 index tracked by the State Street SPDR S&P 500 ETF Trust (SPY) has crossed a trailing 12-month price-to-earnings (P/E) ratio of 30x, marking only the fourth occurrence of this milestone in 156 years of U.S. equity market history. While all three prior instances precede
State Street SPDR S&P 500 ETF Trust (SPY) - 156-Year Valuation Threshold Signals Elevated Near-Term Market Risk - Buyback Report
SPY - Stock Analysis
3189 Comments
645 Likes
1
Anta
Senior Contributor
2 hours ago
So much positivity radiating here. 😎
👍 155
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2
Abdiaziz
New Visitor
5 hours ago
This feels like something I should avoid.
👍 101
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3
Amilliana
Insight Reader
1 day ago
Mixed market signals indicate investors are selectively rotating.
👍 165
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4
Kyleemarie
Registered User
1 day ago
As a working mom, timing like this really matters… missed it.
👍 74
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5
Labrea
Consistent User
2 days ago
Trading remains active across multiple sectors, emphasizing the need for careful stock selection.
👍 203
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