@RyanDetrick @CNBC I am estimating the 2020 PE ratio on the S&amp;P 500 to be 27.36 with the $SPX Index currently at $2,736. 

I'm estimating EPS of $100 using a 35% discount to expectations for the 2nd, 3rd and 4th quarter of 2020.

Therefore - The market is priced to perfection. 

$SPY $DIA $QQQ