Comments on: “Brazilian Bank Stocks to go Ballistic” Navellier

By: StockGumshoe

StockGumshoe — Sat, 10 May 2008 11:50:15 +0000

It essentially just means that he mines the data for patterns that suggest to him that a stock will be a fast grower. The data are both stock fundamentals (earnings growth, sales growth) and market-related (volume, analyst ratings changes, earning surprises), if I remember correctly. His book, the Little Book that Makes You Rich, explains it pretty well (though it’s boring, I’m afraid), and his website gives access to his basic “stock grader” database for free (Navellier.com).

By: JScott

JScott — Sat, 10 May 2008 06:48:35 +0000

Thanks for your reply SG. And thanks for this rockin blog…just came across it a few days ago and I’m totally hooked.

Re: the Navellier thing, where do you think the 17 days comes from?

And can you explain “quant models that target earnings momentum”….or point me to a website that talks about it?

By: StockGumshoe

StockGumshoe — Sat, 10 May 2008 02:53:55 +0000

Jscott, I’m sure he has no inside info on earnings (which would be illegal and get lots of SECOND attention, Navellier is quite high profile), just quant models that target earnings momentum. Often works well, but he doesn’t “know” the earnings result beforehand. The pension fund stuff is just an extrapolation of the debt upgrade, which was well reported.

By: olenska

olenska — Sat, 10 May 2008 02:36:14 +0000

ps the yield is the giveaway. a yield on a bank stock of .4% is just not tempting

By: olenska

olenska — Sat, 10 May 2008 02:34:02 +0000

on longterm charts all three of these banks are done. maybe that means the real is done for now too. they might be good shorts though