collected by :Haron Adler
as informed in 5 tech stocks in a micro bubbleFigure 1 lists the five tech stocks we put in our first micro bubble. Today's politicians and policy makers are heavily shaped by both the housing bubble of the mid-2000s and the tech bubble of the late 1990s. While the market's PEBV has more than doubled since 2012, from 0.7 to 1.5, it's nowhere close to its tech bubble level of 5.7. People forget that high valuations weren't confined to tech stocks in the late 90's. At the height of the tech bubble, Walmart had a P/E ratio of 46 and a PEBV of 5.1.
as informed in 5 tech stocks in a micro bubbleFigure 1 lists the five tech stocks we put in our first micro bubble. Today's politicians and policy makers are heavily shaped by both the housing bubble of the mid-2000s and the tech bubble of the late 1990s. While the market's PEBV has more than doubled since 2012, from 0.7 to 1.5, it's nowhere close to its tech bubble level of 5.7. People forget that high valuations weren't confined to tech stocks in the late 90's. At the height of the tech bubble, Walmart had a P/E ratio of 46 and a PEBV of 5.1.
U.S. stocks brush off trade jitters to close higher as tech shares gain
Market SnapshotU.S. stocks brush off trade jitters to close higher as tech shares gainNasdaq extends winning streak to fifth sessionU.S. stocks finished higher Monday, with the Nasdaq rising for a fifth straight day as investors focused on healthy corporate earnings, which have so far helped to buoy the market over recent sessions. Technology and consumer discretionary stocks led the gains, underpinning the market's move higher. Investors continued to weigh solid earnings against repercussions of retaliatory tariffs from trading partners and their impact on financial markets. Cardinal Health Inc. CAH+1.5% fell 0.5% after the company reported fourth-quarter profit and revenue beats. Shares of Tyson Foods Inc. TSN+0.4% rallied 3.3% after the firm reported higher profit than expected, though sales fell short of estimates.A third straight bludgeoning for tech stocks drives Nasdaq to 3-week closing low
As it stated in These 5 tech stocks are in a dot-com-like bubble (and they aren't all FAANGs)Market SnapshotA third straight bludgeoning for tech stocks drives Nasdaq to 3-week closing lowFacebook's shares officially drops into bear-market territoryAn unraveling of popular technology bets on Monday, marked by a third straight session in the red, helped to push the tech-laced Nasdaq Composite Index to its lowest close in more than three weeks. Read: The fate of the stock market for 2018 could rest on the next couple of daysWhat drove the markets? Facebook saw its shares on Monday fall by 2.2%, a sufficient retreat to push shares of the social-media giant officially into bear-market territory. Tyson Foods Inc.'s TSN+0.4% stock sank 7.6% after it gave a cautious full-year earnings outlook, citing uncertain trade policies and higher tariffs. Juniper Networks Inc.'s JNPR+1.45% stock rose 0.5% after Deutsche Bank upgraded the stock to buy and raised its price target to $32 from $25.Money flows of 11 popular tech stocks show Alphabet and Apple getting stronger
One of the best tools is to look at the X-rays of popular stocks in the form of segmented money flows. • Smart money flows are mildly positive in Apple AAPL, -0.94% but momo crowd money flows are extremely positive. • Momo crowd money flows are positive in Alphabet (Google) GOOG, +1.42% GOOGL, +1.47% but smart money flows are very positive. • Momo crowd money flows are very positive in Netflix NFLX, +0.26% but smart money flows are mildly negative. • There is quite a contrast between the momo crowd flows and smart money flows, as shown on the chart.
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