Derek Moore is joined by Shane Skinner to react to the market Friday selloff including many of the chip and memory stocks. What is driving this and has the oil trade decoupled from equities? Then they discuss SpaceX IPO pricing at $135, the strong jobs numbers that exceeded estimates including April being revised from negative to healthy positive number, and Michael Saylor sells some Bitcoin for Strategy. All this and more this week.

SpaceX IPO price

Saylor sells Bitcoin for Strategy

Crypto out of favor judging by the ETF fund flows

S&P 500 Index Friday selloff of -2.6% after continuous march higher

Semis and memory stocks hit with many pulling back ~ -20% from all-time highs

Oil was down but the market didn't care today

More Oil supply coming online?

Fed futures pricing in a rate hike by December

Tough to time when to sell a highflyer

Will investors hit the sell button thinking this is the turn?

Greenshoe IPO provision

Mentioned in this Episode

Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT

Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt

Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag

Contact Derek derek.moore@zegainvestments.com

Derek Moore is joined by Shane Skinner this week to talk about the typical IPO performance within the first 30 days of trading. Then, they compare how Google vs Tesla performed after their IPOs. Later, Goldman Sachs calls for 8000 by year in in the S&P 500 Index, how May has seen stellar returns last couple years, a bunch of ETF filings for SpaceX adjacent products, and surprising forward EPS valuations.

Nvidia forward PE vs Costco and Walmart

Google vs Tesla IPO performance

Surprising Google State Post IPO

SpaceX adjacent ETFs see a lot of filings

How does this IPO issuance period compare to past ones?

When day 100 is up nearly 10% what does the rest of the year historically look like?

Bond vs Equity Valuations

S&P 500 May Performance 1945-2026

Intel vs Nvidia

Mentioned in this Episode

Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT

Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt

Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag

Contact Derek derek.moore@zegainvestments.com

Derek Moore is joined by Shane Skinner to get into the SpaceX S-1 including their revenues and earnings revealed. Plus, comparing the fever for SpaceX IPO to the dotcom era in the late nineties. Then, looking at Nvidia earnings and looking at its price to sales vs SpaceX. Later, what people thought the market would return over the last 10 years vs what it actually has returned. All this and more this week.

Nvidia price to sales vs SpaceX price to sales based on reported initial IPO market cap

Will SpaceX get into the S&P 500 Index and the Nasdaq 100 Index?

Requirements for a stock to be included in the S&P 500 Index

SpaceX S-1 filing review including revenue and earnings

What is the lockup period for the SpaceX IPO?

Comparing SpaceX S-1 to Google and Amazon's

Comparing this IPO cycle to the late nineties

Nvidia earnings

What will the implied volatility be on SpaceX options once they are made available

Public service announcement about investing in IPOs

Mentioned in this Episode

Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT

Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt

Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag

Contact Derek derek.moore@zegainvestments.com