May 14, 2019 By Peter Boockvar Correction I meant to say with $166 the current 2019 EPS estimate (and now vulnerable to further trimming), every 1 turn in the multiple is 166 points in the S&P 500. ... want to read the rest? Daily market intel for your investments. Become a Boock Report subscriber and get expert analysis of market moving economic news, what it all means, and why it matters both near and long term. This is what trading desks around the world rely on every day. Already a member? Log in here.