🇺🇸 IPOs
The IPO class of 2019 is the least profitable of any year since the internet bubble
👉 https://t.co/4mikqB41Bjh/t @GoldmanSachs #markets #stocks#IPO #equities #unicorns #startups #stockmarket #investing #unicorn #startup pic.twitter.com/fhMzLe1QTb
— ISABELNET (@ISABELNET_SA) February 13, 2020
Downward $SPY EPS est revisions for 1Q20 have set that period’s growth expectation to +0.85%. This makes more re-acceleration of EPS growth less likely next quarter. With the forward 12 month PE multiple now 19.02x, how much are you willing to pay for every dollar of profits? pic.twitter.com/LpbOC0qo8g
— The Earnings Scout (@EarningsScout) February 13, 2020
"Software Stock Valuations"https://t.co/sd0ep7AbtX pic.twitter.com/VTtxGRxhfV
— Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) February 13, 2020
"The most compelling bull case right now is that there is no credible bear case.” – UBS Wealth Mgt
— Sam Ro 📈 (@SamRo) February 13, 2020
https://twitter.com/NorthmanTrader/status/1227945339866558464
2015 – QE taper, China blowing up
2016 – China blows up Q1, Paris accord-type deal reached by Finance Ministers, elections in US
2017 – Tax cuts juice corp profits
2018 – Vixmageddon, Powell QT on autopilot, China trade deal
2019 – Fed not-QE, mkt melts up 30% on <1% earnings pic.twitter.com/tlLEXevypB— M/1_LP (@MI_Investments) February 13, 2020
Get Ready for a Stock Peak This Summer
He sees a lot of similarities between what is happening now and the year 2000—the market peaked in the front half of the year, followed by a recession.