u/Theworldsuckss

Uh oh…?

After the recent weeks’ price action, it’s looking better than ever for ServiceNow stock. Do you think we’ll continue to see software outperform other parts of the market?

Taking a look at Adobe’s fundamentals, it is currently trading near a 10 foward p/e and peg ratio of around 0.68. This is an incredibly low valuation for a software stock even during the SaaSpocalypse - other software names are trading at an average forward p/e of 18 and peg of 0.98.

The market has priced in massive reduction in growth for Adobe and disruption due to AI. I do believe that AI as a competitor to tools like photoshop and premiere may eventually take market share from Adobe, but this is likely many years out still.

During the interim period I believe the market will take note of ADBE’s continued strong earnings and reprice it closer to the average software stock. In a conservative case Adobe could easily outperform other software stocks by 20+%, likely even more.

In the future perhaps such a low valuation on the company will be warranted but for now it seems ridiculously undervalued. What do you think?

While it is a mixed picture on the market as a whole with long term momentum indicators rolling over but a breakout from the shorter-term technical pattern the S&P has been trading in, Applied Digital has just now put in a long-term sell signal which typically precedes negative price action over a multi-month long period.

Will this signal end up being a reliable indicator of things to come as it has in the past, or can APLD and the market as a whole find enough fresh momentum to invalidate it?

I know many folks are skeptical of technical analysis but I recommend keeping an open mind to it as a useful tool for navigating the markets.

In my past video on APLD I accurately predicted the move from all time highs to where it recently bounced… hopefully this new analysis will be of use to someone. Cheers!

Have been tracking Rocket Lab technicals since the all-time high. The medium and long-term outlook aren’t the best right now, wish I could say otherwise.

Expecting a recovery bounce in the shorter-term though since RKLB is currently oversold on many indicators.

This is a comprehensive deep dive on Bitmine’s fundamentals including assets, obligations, revenue and future projections.

Also a look into Tom Lee’s compensation packages, discussion about share issuance under 1x MNAV and how Tom Lee might be destroying shareholder value to pay himself handsomely.

(Also some light TA for those interested in that).

Cheers.