Good afternoon,
Good afternoon,
The following is not investment advice but academic research. Please see the attached valuation rankings for the Nasdaq 100. CHTR and TCOM have been adjusted due to a revaluation of the EPS projections, they are now more in line with market expectations. I also Added CRWD as it was added to the Index on Friday.
It looks like a promising company. From a valuation perspective it seems to be a traditional hockey stick software company with limited fixed costs and almost uncapped revenue projections. That assumption seems to be already included in the price though.
By my estimations the index overall is overvalued by about 35%, but if properly invested in, about 1.5 trillion in value can be realized by simply allocating investment funds based on value instead of communism. That 1.5 trillion figure includes a 25% expected loss caused by exiting overpriced positions.
For the Long Short Portfolio today I:
· Sold the TCOM Put At 370.65 bought a TCOM call at 716.65 Call
· Sold CHTR Put due to reevaluation of EPS projections to be more in line with market expectations bought shares at 814.2
· Sold Maxim Shares @ 103.14 bought Crowd Strike Shares at @286.37
· Rebought a NTES Call Based up reevaluation/devaluation of price @ -2040.65, sold 2 Shares of NTES for 179.24
Warmest Regards,
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