1. Mag 7 vs. Four Horseman of 1999—Nowhere Near Valuations Now
Mag 7 vs. Four Horseman. “The P/E ratios of the Mag 7 today are elevated nowhere near the Four Horseman of the ’90s (Cisco, Msft, Dell, Intel). Mag 7 is trading at 36.8x earnings, below the 47.3x in 2021 and well below the 80!) of the Four Horseman pre-dot com crash.”
Daily Chartbook
2. Yesterday’s Rally Followed Record Put Volume Trades
Barchart
3. Tech Capex Spending vs. GDP Right at 1999 Levels
Peter Berezin
4. Capex as a Share of Operating Cash Flow from AI Players-Prof G Markets
Prof G Markets
5. MSFT Did Not Make New Highs This Fall …Pulled Back to 200-Day Moving Average
StockCharts
6. RNMBY European Defense Company -30% from Highs…Closes Below 200-Day
StockCharts
7. European Financials were Sideways for a Decade…Big Breakout
StockCharts
8. Biotech Left for Dead…+27% 2025…Big Base
StockCharts
9. Bill Ackman Pershing Square Core Investment Principles
Koyfin
10. The High Cost of Building Nuclear Plants
Semafor