Master stock market fundamentals — how to analyze, value, and trade equities with rigorous reads on fundamental analysis, technicals, valuation models, and sector dynamics.
A durable moat shows up as ROIC exceeding WACC for a decade or more, traceable to five structural sources that each leave distinct financial fingerprints.
Learn how to identify and draw support levels, resistance levels, and trendlines using objective criteria and specific price points.
Splits change share count, cost basis, and option contract terms but never company value; reverse splits usually flag distress, not opportunity.
EVA charges profit for all capital employed: NOPAT minus invested capital times WACC, decomposed into margin, turnover, and capital-efficiency drivers.
Shorting means borrowing shares at rates from under 1% to over 100% a year, posting 150% initial margin, and accepting unlimited loss potential.
Precedent M&A multiples capture the 20-40% control premiums trading comps miss, provided deals are screened for timing, buyer type, and synergies.
