Derek Moore and Jay Pestrichelli are discussing what segments of the market are now working on in October plus whether new auto loan delinquencies are something to worry about. Then, reacting to Barron’s headline saying Warren Buffett selling Apple shares may have resulted in leaving $25 billion on the table. Later, they get into whether the comparisons of Nvidia today to Cisco in the late nineties is a fare comparison and if Nvidia is as overvalued as Cisco was in retrospect. Finally, they delve into the options action on Netflix and earnings, S&P 500 Index changes, and whether this bull market is young or really young depending on how you gauge the start of one.
Russell 2000 Index vs S&P 500 Index vs Nasdaq 100 Index performance in October
Auto Loan Serious Delinquent by 90 days move up to 2011 highs
The age of the bull market and length of previous bull markets
When do bull markets begin?
CSCO Cisco Systems vs NVDA Nvidia comparisons
Forward PE ratio of Nvidia today vs CSCO in 1999 and 2000
Net profit margins comparing NVDA today to CSCO in late nineties early 2000’s
Barron’s article saying Berkshire left $25 billion on the table by selling Apple shares
Amentum AMTM joins the S&P 500 Index while BBWI Bath & Body Works exits
Netflix option volatility at earnings
Would the long or short straddle have worked after earnings on Netflix?
Mentioned in this Episode
Where Markets Go After All-Time Highs by VIX Level | Crazy Earnings Estimates | CPI is Rarely 2% | Latest Interest Rate Probabilities https://open.spotify.com/episode/6U5IIpZmeY3s01GsUS0trt?si=a9a3be7a9a504882
Guggenheim info on Historical cycle trend periods https://www.guggenheiminvestments.com/advisor-resources/interactive-tools/dow-jones-historical-trends
Derek Moore’s book Broken Pie Chart https://amzn.to/3S8ADNT
Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3jQYgMt
Derek’s new book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag
Contact Derek derek.moore@zegainvestments.com
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