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Which P/E Is Tech And Which Is Energy?

Tyler Durden's picture




 

What's wrong with this picture?

 

 

It would appear that Energy is the "New" Tech!

 

Chart: Bloomberg

 

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Tue, 02/17/2015 - 14:49 | 5794719 Hohum
Hohum's picture

No worries, maybe Apple will be both.  It is in transportation now.

https://autos.yahoo.com/blogs/motoramic/how-apple-could-change-cars-fore...

Tue, 02/17/2015 - 14:51 | 5794723 preciousmetalsnomnom
preciousmetalsnomnom's picture

Get a gold plated apple phone and maybe you can make two investments in one. 

Tue, 02/17/2015 - 14:54 | 5794742 mrdenis
mrdenis's picture

Obamaphones only come in black ......

Tue, 02/17/2015 - 14:56 | 5794747 Publicus
Publicus's picture

Print, baby, print!

Tue, 02/17/2015 - 15:37 | 5794961 BobPaulson
BobPaulson's picture

iOil?

Tue, 02/17/2015 - 15:01 | 5794767 Double.Eagle.Gold
Double.Eagle.Gold's picture

Obamaphones only come in black ......

 

Obamaphones only come in if u is black ......

Fixed

Tue, 02/17/2015 - 15:25 | 5794878 Handful of Dust
Handful of Dust's picture
Falling crude prices prompt Pioneer to sell off rigs, trim 2015 capital budget

 

http://www.bizjournals.com/sanantonio/blog/morning-edition/2015/02/falli...

 

Gets more Bullish every day...

 

Another 100k job layoffs in USA O&G and we'll have Putin right where we want him!

Tue, 02/17/2015 - 16:01 | 5795075 remain calm
remain calm's picture

The red line should be gold?

Tue, 02/17/2015 - 17:49 | 5795672 Hope Copy
Hope Copy's picture

Think..  Iranian oil was only aT $25/b when they could get it out..  now the spigot from Iran is open.

Tue, 02/17/2015 - 19:57 | 5796371 Tzanchan
Tzanchan's picture

Really??? Really!!! This program was started by W, racist pig

Tue, 02/17/2015 - 15:00 | 5794772 Pooper Popper
Pooper Popper's picture

Where in the fuck is our Military????

Someone needs to removethis traitor piece of shit obama!!!!!!!

Tue, 02/17/2015 - 16:07 | 5795109 random999
random999's picture

I remember there was some emperor or king who needed to keep his military out waging war. I think he was roman. Why not keep his army at home? Well then they would get restless, make trouble and maybe rebell on him, so he kept them busy making war instead..

Tue, 02/17/2015 - 16:58 | 5795362 graveheart
graveheart's picture

Too late, he already purged anyone that has rebelled or would rebel.

Tue, 02/17/2015 - 14:53 | 5794736 Itch
Itch's picture

Say what you want about Apple, but they aren't afraid to throw money down the toilet.

Tue, 02/17/2015 - 15:11 | 5794817 power steering
power steering's picture

Apple is going to start buiding cars. Thinking Cramer is now on the BOD

Tue, 02/17/2015 - 14:50 | 5794722 LawsofPhysics
LawsofPhysics's picture

P/E ratios you say, please, look across all sectors asshat.  With "mark to model" this shit is irrelevant and can be whatever you want it to be.

Tue, 02/17/2015 - 14:55 | 5794744 KnuckleDragger-X
KnuckleDragger-X's picture

P/E used to be a useful number but so were a lot of the indicators that have become idiot bait......

Tue, 02/17/2015 - 16:01 | 5795074 Thirst Mutilator
Thirst Mutilator's picture

 “On the other hand, what you’re now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you’ve got a long-term perspective on it.”

~BHO 3/3/2009

Tue, 02/17/2015 - 17:53 | 5795695 armageddon addahere
armageddon addahere's picture

Damned if that wasn't the perfect time to buy. March 2009 was the bottom for the S&P.

Maybe we should have been listening to him all this time.

Tue, 02/17/2015 - 14:53 | 5794737 Ecce_Homo
Ecce_Homo's picture

the red line has crossed the blue line?

 

Tue, 02/17/2015 - 15:03 | 5794783 DOT
DOT's picture

Proof of Catastrophic Anthropogenic Global Warming !

 

(did I win something ?)

Tue, 02/17/2015 - 15:28 | 5794910 Cpl Hicks
Cpl Hicks's picture

An all expenses paid vacation in Michelle Obama's walk-in closet.

Try to keep your hands out of the dirty laundry hamper.

Tue, 02/17/2015 - 15:01 | 5794775 ZoroAustrian
ZoroAustrian's picture

this is totally disingenuous Tylers - the P/E is against depressed earnings for energy (could get worse, sure, but undoubtedly not the best of times) versus fantasy earnings for tech (adjusted, stock optioned, bankrupt customers on monthly payments, everyone and their dog with a $750 smart phone, etc)

Tue, 02/17/2015 - 15:04 | 5794789 LawsofPhysics
LawsofPhysics's picture

bingo, mark to model forever...!!!

Tue, 02/17/2015 - 15:03 | 5794786 Spungo
Spungo's picture

Only come if you BE black. Learn some god damn grammer!

Tue, 02/17/2015 - 15:13 | 5794821 bnbdnb
bnbdnb's picture
  • 1. Find the indicator
  • 2. Expect the opposite
  • 3. Trade
Tue, 02/17/2015 - 15:41 | 5794982 Pareto
Pareto's picture

this is totally true.  fundamentals/indicators/charts/stochastics/fibs.....none of that shit matters anymore.  used to be a TRIN of .68 showed markets rocketing up 300 pts.  VIX up always meant a shitty day if you were long.  None of that shit matters anymore.  Data don't matta anymore.  4/5ths of fuck all - matters more.

 

fuck the money changers.  because all i do know is that i am getting FUCK ALL for my savings.  its fucking goofy!  Central bankers - all of them - should be hiked off to jail.  They are committing crime - everyday - as they continue to destroy wealth and manufacture credit out of thin air for the fucking banks - to protect them from themselves.  At zero cost to them - just buying up debt and continuing with rate suppression to hide their crime - day in and day out.

 

its fucking bullshit.  arrogant self righteous fuckers.  they are destroying the moral fabric of our society - value distorted so bad that nothing makes sense.

collateral is over valued and physically, there isn't enough of it to go around regardless.  and yet the shinannigans continue.

its fucking insane.

hard work and savings are punished, while consumption debt and profligacy rewarded.  Fuck Marx was right except it aint just Hegel.  Its everything - fucking upside down

fuck Yellen, fuck Draghi, and fuck Kuroda.

fuck them all.

Or as S. Martin might say, "die you gravy sucking pigs."

 

Tue, 02/17/2015 - 17:46 | 5795652 Hope Copy
Hope Copy's picture

It's all cyclic.  Look at the Roman Empire.  Banking did it in.

Tue, 02/17/2015 - 15:33 | 5794946 Sokhmate
Sokhmate's picture

To the Moon, Apple

Tue, 02/17/2015 - 16:35 | 5795230 Atomizer
Atomizer's picture

I hope so. Heheheheee

http://www.jailbreaknation.com/

Tue, 02/17/2015 - 15:56 | 5795048 katchum
katchum's picture

That means oil dip is temporary.

Tue, 02/17/2015 - 16:19 | 5795164 Atomizer
Atomizer's picture

Too many wind farms are killing mosquitos for CDC to launch a malaria epidemic outbreak.  

Tue, 02/17/2015 - 17:54 | 5795700 Hope Copy
Hope Copy's picture

 

"Too many wind farms are killing"  the birds that eat the bugs that kill the "mosquitos for CDC to launch a malaria"

Tue, 02/17/2015 - 18:05 | 5795753 Arnold
Arnold's picture

BATS

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