Tech stocks have been soaring, but can this outperformance be sustained or will this artificial intelligence (AI) driven boom mimic the internet explosion and subsequent bust of the 2000-2002 period? Today, gains in the sector are concentrated in large companies like Nvidia and Meta, with year-to-date (YTD) returns standing at 225% and 148% respectively,...
Calculated using the present value of growth opportunities. Factoring in 8.5% CAGR for the S&P 500 from 2024 earnings. Looks like a short opportunity may be incoming.
Looking at the average analyst target and Anchor for NASDAQ:SKYW I see some potential downside in the near future that could present some buying opportunities. The company has been one of the only Airlines that I am willing to invest in at the moment. Overall, SkyWest has had a mixed earnings growth trend over the past 4 quarters. The company has reported both...
Restrictive policy and geopolitical risks raise the odds of a global recession What a difference a year makes. 2022 saw the ‘reopening’ of markets from the COVID pandemic evolve into a ‘recession’. Margaret Thatcher put it succinctly on 27 February 1981 – “The lesson is clear. Inflation devalues us all.” Monetary policy has been on the most pronounced tightening...
The Nasdaq is worth about 10x of what it was in 1990, in real terms, if you take away all the money printing. The support structure from the 1990s that decayed in 2008 has now been resistance for a *decade*, and now that we're at a historical zone of sky high valuations and overboughtness, it wouldn't surprise me if it dropped 75% from here. What if there is more...
Hello everyone. I tried to put out regular market updates in the past, but I failed to do so for different reasons. This time, my idea is to gather the best tweets, articles, charts, etc., and add some brief comments. I will post these out regularly as long as I have decent material. 1. Sentiment is still very bearish, which means more upside is still possible....
Asset/equity valuations at extreme highs, clearly aligned with sharp price increases reflected in core inflation. Apple Valuations: PE 28.3x to Industry 15.6x & Market 16.8x PB 39.5x to Industry 1.4x & Market 1.9x PEG 7x All supported by dramatically high central bank balance sheets. Trendline with unsustainable rising prices reflecting an unhealthy dovish...
Since 2005, the IWM/SPY ratio has held this key support level 6 times. This support failed only once, in the midst of the Covid-19 pandemic. Now we find out whether the pandemic was the exception that proves the rule, or whether the pandemic structurally changed something about the relationship between small caps and large caps. Small cap valuations look better...
Keynote is a part of the Concept Group, whose flagship company Concept Communication is a leading Advertising and Public Relations Firm. Keynote is a full service investment banking group focussed on mid market companies in India. Through its wholly owned subsidiary, Keynote Capitals Limited, it provides the entire range of Stock Broking services backed by...
Zoom Video Communications has staggered since last year’s massive rally. Now it’s making a lower high and may be at risk of further downside. Notice how ZM attempted to rebound above $450 this week but was quickly rejected. That’s important because it matches the high-volume bearish gap from November 9 – the same day positive vaccine news changed the narrative on...
#swing #tradeidea
I have highlighted the XLF representing the broader financial sector in purple and the S&P 500 index in gray. As you can see it has outperformed the financial sector by a longshot and outperformed the S&P 500 index. Since Blackrock’s bread and butter is asset management with nearly 8 trillion AUM, the overall concern with overvaluations in the markets combined...
dip buy!