Valuations Are Still Attractive Even As The Market Melts Up
S&P 500’s P/E Ratio Is Still Below Prior Major Market Tops:
Guest post, by Adam Sarhan 11.23.15 Earlier today Pfizer ($PFE) inked a record deal to buy Allergan ($AGN) for $155B. The deal was primarily due to help Pfizer save billions of dollars every year in taxes (a.k.a. tax inversion). Pfizer is the latest in a series of high profile companies that are moving their headquarters…
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Good: Initial jobless claims plunged to 255k, easily beating estimates for 279k and hit the lowest level in decades Leading Indicators rose by +0.6% in June, beating estimates for +0.2% gain The Manufacturing PMI Flash index rose to 53.8, beating estimates for 53.7 The Chicago Fed National Activity Index rose to 0.08, beating estimates for…
By, Adam Sarhan SarhanCapital.com The Airline Industry Has Evolved: The airline industry has consolidated significantly over the past decade. In addition to the massive and much needed consolidation, airlines have cut costs, become leaner, and created a new set of fees that generate billions of dollars per year in new revenue (bag fees, change ticket fees,…
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Protect Yourself During This Bear Market – Open An Account With Sarhan Capital Today I’m operating with the notion that we are in the early stages of a new bear market (and global recession). My longstanding readers know I first turned defensive (here) on equities in early August 2015 (before the big August crash). In…