This is the kind of evidence the wall street stooges use to justify their statements that stocks are cheap. They use forward PE estimates. The forward PE estimate for the S&P 500 is 17 the trailing PE is 31. On this basis for the PE to improve to 17 profits would have to increase by 70%. Wall Street is full of thieves lining their pockets at the expense of the Average American.
Just another Manipulated bear market rally.
CJ
told you to get your calls in place!, page-29
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Last
$4.80 |
Change
-0.030(0.62%) |
Mkt cap ! $3.223B | |||
| Open | High | Low | Value | Volume |
| $4.79 | $4.82 | $4.78 | $5.766M | 1.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11767 | $4.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.81 | 831 | 1 |
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