EPISODE · Nov 16, 2023 · 7 MIN
Mid Week Market Update: Exciting Times
from Alpesh Patel Pips Predator and Trading Champions · host Alpesh Patel
Nasdaq is up 45% year to date. Why are some pensions up 100% cherry-picking stocks? Tune in folks. (Not a typical year) In a recent market update, there has been notable excitement due to interest rates not rising further, impacting forward price-earnings ratios and stock valuations. Red indicators suggest overvaluation for several tech giants like Microsoft, Nvidia, Apple, and ServiceNow, which I own. However, green indicators for JP Morgan and energy stocks suggest undervaluation. It's important to consider not just charts but also valuation, growth, revenue growth, and momentum when evaluating stocks. This week has seen a significant rally, with most sectors turning green, except for energy. This could indicate a market misjudgment, especially if a recession is not imminent and interest rates remain stable. Join My Private Great Investments Programme www.alpeshpatel.com/shares Risk warning: None of this is individual advice and all investing is risky This is part of my www.campaignforamillion.com to teach a million people to be better investors and make an extra million in their pensions as a result across their lifetimes. Follow me on LinkedIn: https://lnkd.in/e9FFsybJ Follow my YouTube channel: https://www.youtube.com/channel/UChJeyFshCmwND6-aY3pSs3Q ------------------------------------------------------------------ RESOURCES & LINKS ------------------------------------------------------------------ https://www.pipspredator.com https://www.investing-champions.com https://www.trading-champions.com #tradingonline #investing #trading #pipspredator #alpeshpatel #business Subscribe to my newsletter for more tips: https://www.alpeshpatel.com/blogsignup Subscribe to my Telegram channel for daily market information: https://t.me/pipspredator Follow me on my LinkedIn Page: https://www.linkedin.com/in/alpeshbpatel/ Join my Facebook community: https://www.facebook.com/tradefx4profit Follow more free resources including my book from www.investing-champions.com and www.alpeshpatel.com My daily insights are on my instant messenger app - also free. Alpesh Patel OBE
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Mid Week Market Update: Exciting Times
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