Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-06-13T13:15:00.000Z
So far this year,Nvidia(NASDAQ: NVDA)stock has gained 8% -- placing it slightly above the returns in theS&P 500and nominally trailing those seen in theNasdaq. From a valuation perspective, the world's most valuable company boasts aforward price-to-earnings(P/E) ratio of about 22. Moreover, Nvidia's forward P/E has spent much of 2026 locked in a narrow corridor between roughly 18 and 25. Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia.Continue » This steadiness raises two questions: When was the last time investors saw Nvidia's forward multiple behave this way and what happened next?
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.