The stock market continues to trade near all-time highs, folks. And momentum is clearly the approach that’s benefitting swing and position traders right now.
We’re even witnessing a bit of madness in the short squeezes of stocks like GameStop, AMC and BlackBerry that shot to the moon… and back almost as fast.
And that’s telling me we need to turn our focus back to these large-cap value stocks…
2 Large-Cap Value Stocks To Keep an Eye on in 2021
As of last January, the S&P 500’s cyclically adjusted price-to-earnings ratio for the last 10 years is just shy of 35. The Shiller P/E ratio is calculated by dividing a company’s stock price by the average of its earnings.
This is the second-highest Shiller P/E ratio we’ve seen during a bull market uptrend in the past 150 years!
(For all you trivia buffs out there, we saw the highest Shiller P/E ratio during the dot-com bubble, when it reached 44.)
And sentiment levels aren’t far behind that either…
The number of S&P 500 stocks trading above their 200-day moving average is close to 90%. That’s the highest level I’ve seen in over a decade.
And what about the Nasdaq 100? Well, it’s giving me similar vibes. Not only that, small-cap stocks have begun to outperform the broad market.
That means our focus needs to shift to the large-cap value stocks I’ll show you in today’s video — especially if the S&P 500 stalls at the levels I described above.
The two large-cap value stocks I’m giving away in today’s video aren’t rebound stocks. They’re showing major momentum right now, and they’re selling at a really low P/E ratio.
That makes them both great bargains.
Check out my short video below and keep your eye on the two large-cap value stocks I mention. As always, if you haven’t already, make sure you subscribe to my YouTube channel and give this video a thumbs up.
P.S. Have you noticed how stocks fall and are written off by traders… And then randomly out of nowhere, they skyrocket?
That’s all thanks to the modern-day Kingmakers.
But who are the Kingmakers? And how do you get in on the action before they send a stock soaring?
Stock market expert Adam Sarhan has all the answers… and he’s finally ready to reveal how you could take advantage of massive moves by The Kingmakers.
Click on this link to see what this renowned trader has to say.
