I’m frequently asked: Is the Market Expensive?  Value is Subjective: I believe the answer is very subjective. My standard response is:  “Value, like beauty, is in the eye of the beholder.” -Adam Sarhan P/E Ratio: The P/E ratio is a common ratio used to measure a market (or stock’s ) value. The ratio is derived…

We are still in the heart of earning season and a lot can change. But so far, it appears the earnings recession is over and that bodes well for the major indices. Here’s a Snap Shot of Q4 Earnings… So Far Earnings growth for the SPX the third quarter is 5.6% vs expectations of 4.5%…

Friday 12.23.16 U.S. equities closed mostly flat on Friday ahead of the Christmas holiday, as the Dow Jones industrial average failed again to reach the psychologically important level of 20,000. The Dow closed about 15 points higher, with UnitedHealth contributing the most gains. “This is the last full trading week of the year. The Dow…

Tuesday, January 3, 2017 Stocks rose sharply on Tuesday, the first trading day of 2017, as stronger-than-expected data out of China and the U.S. and rising oil prices lifted investor sentiment. The S&P 500 gained 1 percent, with energy rising more than 1.5 percent to lead advancers. The Nasdaq composite also advanced around 1 percent….