written by reader “PRIMETIME STOCKS”, the newly-launched newsletter from WealthPress

By bunion132, August 3, 2020

Has anyone here decided to subscribe to this service and/or know the name of the upcoming stock with an open window to fantastic gains? Or, can someone decipher what the presenters ”see” that my initial look into charts don’t seem to capture?

Following are my notes on the video hosted by Roger Scott & Tom Busby which I viewed 8/1/20:
Premise: Certain stocks go up (or down) the same time each year, on the exact date. Their proprietary system filters stocks that have followed the same pattern over the last consecutive 10 years.
(If there is a break in the pattern in the last decade, the stock is dropped from their roster.)

Source of Their Data: Form 13-F and EDGAR (Electronic Data Gathering, Analysis, and Retrieval) filings with the SEC.

Reason for pattern: Today, Institutions (not Retail investors) dominate Wall Street and these institutions trade based on a REPEATING CALENDAR (i.e. not on Fundamentals, Technical Analysis or the News). The timing of the trade is related to payouts for Pension Funds, 401k and the like.

To Do: Place a Buy or Sell trade WHEN THE PRIMETIME WINDOW IS OPEN to achieve the double-digit or even spectacular gains shown in the video. The newsletter will send notice 7 days in advance of the upcoming trade to be made.
Jan 10 Amedisys (AMED)
Feb 8 Intuit (INTU)
Mar 8 MarketAxess (MKTX)
Apr 8 T-Mobile (TMUS) – Note: Without fail
May 24 Molina Healthcare (MOH)
Jun 3 Johnson & Johnson (JNJ)
Jun 3 Lowes (LOW) – Note: Never buy on this date
Jun 7 SBAC Communications (SBAC)
Jun 20 Walmart (WMT)
Nov 13 Thermo Fisher (TMO)
Dec 20 Adobe (ADBE)

The tease: There is a Primetime trade coming up soon with an expected 357% gain. The ticker symbol will be revealed when you decide to become a charter member (1 of 250 at the time video was shown). Due to the current economic situation, their publisher has allowed them to bring the price down for their ”pandemic package” to $1,497 for a 2-year membership. (Awww, someone puh-lease tell these newsletters to change marketing writers already and stop pretending they are doing us a favor! )

My initial observations:
1) All the above-mentioned stocks fell during the recent pandemic crash of March 2020. So much for the claim that these stocks have followed a consistent consecutive pattern over the last decade, regardless of the news.
2) I pulled up the candlestick charts for these stocks but just for a one-year period. For 9 out of 10 stocks, I just saw the usual wave (or head and shoulder) patterns, not the double-digit or more gains illustrated in the video and, worse, usually not occurring on the dates they mention. Most are when to SELL, I think.
3) The one exception was ADBE which started to climb on Nov 5, 2019 (not the Dec 20th date they mentioned), opening at $292 and peaking on Feb 20, 2020 at $387 for a 32% gain over 4 months. Nice, but not spectacular. In fairness, the stock could have probably gone up more but started tanking like everything else with news on COVID-19 in Feb.

Oh well…at least the presenters weren’t boring, although somewhat foaming-in-the-mouth-with-excitement over their new newsletter.

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