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Price earnings creep – sneaking up on you…

Nov
07

Apple (AAPL) today is hitting $260 with a P/E of almost 22.  AAPL’s PE was 11 in early January of this year.  Apple is a great company, but price and value are separate issues.  Costco’s PE is reaching $307 with a P/E multiple of 37!  Costco usually has a high 20’s multiple.  Costco is also a gre

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The market has been boring - Time to better understand market psychology

Nov
06
Article Link: 

Lately, the market has been a yawner.  Well, in deference to my mom who was an English teacher, I guess yawner isn't really a word, but nothing of substance has been happening to drive the market to new levels.

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