3/18 Daily Market Note: DCF Conclusion Study on Adobe

Adobe DCF Conclusion Study

Dear Folks - today’s premium daily market note will be a DCF (Discounted Cash Flow) Conclusion Study on Adobe.

For people unfamiliar with what a DCF Model is, it is an analysis done to estimate a company’s “fair” value based on future expected cash flows.

I rely on DCF Models heavily when making decisions both for myself and when I issue opinions (scenario analysis Price Targets) on companies for our Community.

DCF Model Conclusions are most helpful for investors with an intermediate-term/long-term timeline.

Before we get into Adobe, I’ll quickly recap today’s market context with our pre-market where I was looking for a window for intraday long entries.

Pre-Market: We looked for 5230 for ES and 18320 on NQ to be resistance. Once broken, I did expect a further squeeze higher.

ES advanced +10 points to 5240 and NQ advanced +60 points to 18380, before pulling back.

Experienced scalpers on MES/ES & MNQ/NQ would have a decent window to capture a piece of that upside.