..How is that bullish? The SPI is simply a discounted value of the current XJO price. Given the SPI does not pay dividends, the discount is largely for expected dividends paid (67 points in Aug/Sep last year). Given increased YoY earnings I can't see how the 75 point differential is any indicator of price direction....
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..How is that bullish? The SPI is simply a discounted value of...
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Last
8,150.0 |
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