BullsNBearsEatPigs

BullsNBearsEatPigs

One shouldn't need to have an analysis when NASDAQ:AAPL is trading at > 40x P/E. I went back and counted, there are only 4 days in the history of AAPL where it traded above the current multiple and all 4 of those days came in the post-covid-free-money-boon when they last had actual growth. Now, a company with a year average revenue growth rate of 5% is trading...

BullsNBearsEatPigs

Google is set to make its 6th straight down week. That is only the second time in the past decade that has happened by my count. At a lowly 23.4, Google's PE is significantly lower than the other tech giants and after a few weeks of bad news (an absurdly bad Gemini demo, the monopoly ruling, potential breakup - although, this isn't actually bad news, is it?)...

BullsNBearsEatPigs

I've posted short ideas about MSFT before and been burned, but when at first you don't succeed, martingale that bad boy and go for round 2! In all seriousness, NASDAQ:MSFT is a great company but the price, at 38x PE doesn't accurately reflect the risk in the market today. I fundamentally believe that the price was kept at today's levels in order to publish...

BullsNBearsEatPigs

MSFT has a lot going for it, it's a great company and they have great products. I understand holding MSFT, however, cannot get past the multiples and cannot fathom how anyone could be buying at these current levels. Look, I get it, all the crypto bros are now AI bros and they're racking up huge bills in Azure training their own ChatGPT wrappers so they can...

BullsNBearsEatPigs Updated 

AAPL has been on an incredible tear. Investors have been dumping money into it over the past few months as its a "safe haven" with its walled garden and customer fanboys yada yada yada along with the Vision Pro hype. This is all conjecture intended to build a narrative. At the end of the day, unlike other tech mega caps, AAPL has not shown signs of revenue...

BullsNBearsEatPigs Updated 

NVDA is overvalued. There really isn't a logical argument against this no matter how many times Jensen says AI on a conference call. YoY constant revenue with the enterprise world looking to continue to cut spend on infrastructure in 2023? Really though, SNOW is now handing out yellow snow cones for guidance; they're effectively saying "companies are spending...

BullsNBearsEatPigs

AAPL is currently in its best bull run ever. If you ever read the chatrooms during the day you'll be inundated with people telling you it's going to all time highs, to the moon.. that it'll go up forever. Let's not forget the same story that has held true for EVERY single company that has become > 5% weight of the S&P: the law of large numbers catches up and the...

BullsNBearsEatPigs

I'm doing something different with this post from my typical MO. I like simple charts with an over abundance of confirmation. This chart is slightly more complex, layering in stochastic in the 50d MA as well as the fibs for the most recent downward run. The extra complexity is needed in this example because it builds a trifecta of technical indicators on top of...

BullsNBearsEatPigs

I don't normally advocate for penny stocks, more often than not they're a scam. But, that being said, I like growth stocks almost as much as I enjoy my weekly trip to the ice-cream stand. Now, I normally take an Uber to my weekly pilgrimage to two scoops of indulgence, but on my most recent trip I took a Bird scooter. I did this for two reasons: first, the weather...

BullsNBearsEatPigs

A divergence is growing between smaller, high growth stocks and larger, market-moving stocks (e.g. AAPL, TSLA). Funds already largely cycled out of many smaller stocks and now the withdrawals are coming from large caps. This is the cyclical nature. This also means that there are plenty of small caps which are quite attractive at their current levels. A quick...

BullsNBearsEatPigs

Sofi has been beaten down harder than a bowl of scrambled eggs. Down a whopping 81% from its high last year in the exuberant weeks following its IPO, all of those VC investors surely pumped and dumped while laughing at the ridiculous multiples. Sofi is in a major downward wedge which will pop from pent up demand - at some point. But that is not the point of this...

BullsNBearsEatPigs

TSLA has been the darling child of retail for the past few years; the buy-and-hold-no-matter-what-because-papa-elon-will-save-us mantra has proven effective by reducing liquidity which has squeezed shorts and allowed the big boys to pump and dump to their hearts delight at these lofty valuations. The thing is, TSLA is overvalued. This isn't really up for debate....

BullsNBearsEatPigs

The market has been pumped in a historic bull run for the ages. SPY has been green for 10 out of 11 days. Impressive. But the boys with the money are about to pull the rug and gobble up all of those nice retail dollars. A simple chart with a clear indication. SPY is in one of two potential ascending wedges, both of which are steep and nearly out of room for...