Today CVS fell below $75 and I picked up shares at $74.11. The thing with CVS is that they have a mid 20's P/E, but their earnings are low only because they had a one-time big payout for the opioid epidemic. Without that charge, their P/E would be around 13.
JP Morgan came out with good numbers today, much better than the market expected. The stock was up about 6% in pre-market trading. I'm skeptical about this short-term “showing”. JPM is as subject as any bank to the inversion of interest rates. They may have gained as depositors fled from regi