Derek Moore is joined by Shane Skinner and Mike Snyder to talk about whether higher valuations are warranted based on rising profit margins. Then, they think about whether the upcoming Supreme Court ruling on tariffs matters for the market. Later, they discussed Google passing Apple for the #2 highest valued company in the S&P 500 Index, midterm election years performance vs other years, regression channels in the S&P 500 Index, payroll numbers, interest rates, and even copper prices.

Midterm year performance vs other presidential cycle years

Supreme Court Ruling on Tariffs and what it means for markets

Copper prices are about to break out or break down?

Fed interest rates saying no cuts until after Powell leaves?

Semiconductor earnings estimates vs the S&P 500 Index as a whole

Polymarket sees only a 25% chance tariffs are upheld

Google (Alphabet) surpasses Apple to be world #2 behind Nvidia

Three-Month payroll contraction on nonfarm payrolls

Talking technical analysis with regression channels on the SPX

Free cash flow margins tech vs the rest

Valuation forward pe ration adjusted for net profit margins

S&P 500 companies' real revenue per worker highest going back to 1986

S&P 500 quarter EPS growth estimates Y/Y % change

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, Mike Snyder, and yup Jay Pestrichelli makes an appearance to give our 2026 predictions. Where will markets, the economy, gold, the dollar, the fed, interest rates, bitcoin, recession, oil, bitcoin and much more plus a look back at who got 2025 right.

2026 Year End S&P 500 Index Targets

VIX high for 2026

10 Year Treasury predictions

Where will Bitcoin end 2026?

Where will Oil, Gold, & the US Dollar End land in 2026?

Outliers amongst the group and some consensus

Why you shouldn't trade off these

Why committing to strategies rather than trying to time markets is the way

2025 Predictions and who was right and who was wrong

The challenge in trying to predict markets

When will the last Fed rate change happen next year?

Where do interest rates wind up landing?

What about GDP and CPI Inflation forecasts for 2026?

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 talk about silver prices going parabolic while Gold, Copper, Platinum, and other metals are clocking in gains. Does the rally continue? They, they look at how well international markets have done crushing the S&P 500 Index this year where Spain's IBEX 35 and South Korea's KOSPI are the top dogs that no one saw coming. Later, they discussed the attribution to gains this year including how much it is due to earnings growth vs the growth of the forward PE multiple. Finally, discussing how much the S&P 500 Index companies' turnover (and have done so at a much higher rate recently) showing the value of owning a momentum index that is diversified.

Oil vs Gold Ratio

Silver, Gold, Platinum, and Copper all rallying

Surprising international markets crushing it this year including Spain and Korea

Russell 2000 Index consensus 2026 earnings forecast sees EPS growing 61% in 2026

What is the Santa Claus rally?

S&P 500 Index Company Turnover and disruption

Why own indexes and is the S&P 500 Index a momentum index?

Earnings growth vs multiple expansion responsible for market gains in 2025

Yardeni Research projects gold to hit $6000 in 2026 and $10,000 by 2030

Does the national deficit matter?

Energy commodities vs metals

Truck Tonnage Index decouples with the S&P 500 Index performance

TIPS bonds may not help you during inflationary periods due to duration interest rate risk

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