Executive Summary Today’s missive compares the historical price movements in Cisco Systems to the price movements in Nvidia today. While there are some differences, the outcome is likely to be the same.   I encourage you to read The Details below for more information. “Whenever you [...]

Executive Summary Today’s missive compares the historical price movements in Cisco Systems to the price movements in Nvidia today. While there are some differences, the outcome is likely to be the same.   I encourage you to read The Details below for more information. “Whenever you [...]

Executive Summary As shown in the first graph of the missive this week, only 17% of companies in the S&P 500 have outperformed the index over the last 30 days. The S&P 500 Index is market-cap weighted. However, in the second graph one can see the S&P [...]

Executive Summary In this week’s missive, I will focus on one financial metric to demonstrate the absurdity of today’s stock market prices. One of the best valuation methodologies is the price-to-sales ratio (P/S). It can be said that this metric is better than price-to-earnings because of the [...]