Latest Breaking News On - Magellan petroleum - Page 1 : comparemela.com

Extended well past what can be justified. I cant dispute that. Days like today where we flirt with record highs, the dow gained 33 points, the s p black slid slightly. It seems ridiculous that we can still go higher with the s p 500 trading in way high where its been historically. Oh, and given how all we hear from washington is that the president s agenda of lower corporate taxes and repatriation of vast summing from overseas seems held up by dysfunction in congress, is there any real rigorous, intellectual justification for these prices . I know im mystified each day. Im sure you are. I know a selloff sis inevitable. But something keeps happening that makes us wonder if this market is cheaper than it seems. Companies keep beating earnings estimates, rendering multiples pretty much worthless. Im simply stating facts. If companies can continue delivering better earnings than we expect, this market might be cheaper than it looks. Maybe a lot cheaper. Yesterday, home depot and walmart re

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