any thoughts on stansberry 2020 market melt up?
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
any thoughts on stansberry 2020 market melt up?
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
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Short answer: Oxymoronic and ironic.
Oxymoronic because Steve Sjuggerud has been pounding the table on being in the stock market during this Melt-up for a long, long time and this webinar was no different. Yet he was also cautioning that we are now getting closer to the Melt-down. He was going back and forth on this. Of course we won’t know how close we are to the end and when to get out unless we register for the new Melt-up Portfolio service he’s offering.
Ironic because Sjuggerud was clearly the star of the show while Matt McCall played supporting cast member. Towards the end, they each gave one free recommendation, with both stocks being in the Biotech industry. The day after the webinar, Steve’s stock went up somewhat but came down almost equally the next day. Meantime, Matt’s stock rose 5x more after the webinar and then surged off the charts the day after. Hmmm…so who was the star of the show?
Sjuggerud has made the transition to a full blown Agora/Stansberry snake oil salesman. Hype, Hype, and more hype. Sell, Sell, Sell
I agree…Sjuggerud COMPLETELY disgusts me!
It’s sad that Stansberry has become the New Agora.
What was mcall’s stock in the Melt Up presentation? I know that Sjuggerud recommended Esperion and it’s flat for now.
Bioxcel Therapeutics (BTAI)
Thank you very much for the info.
Can you share what the two stocks were?
Thanks, Texigan
All the melt-up stocks are just meh! Ran them through Joel Litman’s uniform accounting method and saw that all of them are C and D grade.
What did they recommend?
To quote the legendary Michael Scott, the timing of this most recent melt up event was “nothing short of predominant”
From The Office
It’s almost laughable. What was supposed to have been so key about Feb 12?
Somewhat surprisingly I haven’t received any emails from Sjuggerud about the meltup since his big pitch regarding Feb 12.
If we don’t see a melt up shortly people are going to be mumbling stocks, stocks, why did I vote fo Biden, he’ and empty vessel and now the media sees it!
Looks like we need access to the “Melt Down Indicator”