Wrong on Inflation | NVDA Earnings | PCE Inflation vs CPI Inflation | Sell in May Didn’t Work
By Derek Moore
Show Summary:
Derek Moore explains how what sometimes seems obvious isn’t what happens as we can see with inflation numbers that continue to move lower despite consumer sentiment surveys expecting 6.6% inflation in the next year. Plus, NVDA had its earnings miss estimates and the stock’ forward PE is lower due to the next 12-month analyst estimates being near all-time highs. Plus, “Sell in May” would have been a mistake as markets recovered and are now back to within several percent of all-time highs.
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Topics Include:
- PCE Inflation vs CPI Inflation
- NVDA forward PE ratio and earnings EPS estimates
- Calendar Spreads vs Diagonal spreads explained
- Inflation continues to be lower
- University of Michigan consumer sentiment survey says 1-year inflation 6.6%
- Atlanta FED GDP Now
- EconPi
Mentioned in this Episode
Jay Pestrichelli’s book Buy and Hedge
Derek’s new book on public speaking Effortless Public Speaking
Derek Moore’s book Broken Pie Chart
Contact Derek derek.moore@zegainvestments.com
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