Anyone watch the “Early Warning Summit” this afternoon?
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Yes, I watched it (Dec 13th). It would help us to know what your next question is or what your thoughts are before commenting further.
That presentation greatly exceeded my attention span, so I didn’t wait long enough to hear about their 3 recommendations. I got a follow up pitch that said:
” during our discussion, we gave away THREE free stock recommendations that could soar over the next 12 months”
So their recommendations “could” soar….or not. I’m mildly
interested to hear what their recommendations were.
Perhaps to lure viewers into watching the Summit, the 3 gurus of InvestorPlace named specific niches to watch out for next year and gave away the following freebies:
Luke Lango – for Energy Storage Systems: Fluence Energy Inc (FLNC)
Eric Fry – for Materials & Components (specifically Copper): Freeport McMoran (FCX)
Louis Navellier – for Basic Materials (specifically Lithium): Sociedad Quimica y Minera…(SQM)
However, they stressed that the freebies were NOT their number #1 picks. The purpose of the Summit was to launch a newsletter called “Power Portfolio 2023”, a combination of their stock-picking methods run through Navellier’s quant/algorithmic system. They believe the resulting 8 stocks are the “best of the best” to beat the Dow by 3X in 2023.
Thanks for the info. I did see that the price of that advisory is $1,799 – too rich for me. But I did enjoy
watching Lauren Sivan – much cuter than the average shill.
Haven’t looked into this ad in any detail personally, but I’ll just throw out a reminder here about the first “Power Portfolio” they teased similarly — back then it was Matt McCall and Louis Navellier, before McCall left and his letters were turned over to Luke Lango. The “Power Portfolio 2021” portfolio teased Five9 (FIVN) and Bandwidth (BAND) as their favorites at the time, stocks that were both highly graded by Navellier’s system and picked for qualitative reasons by McCall — here’s how they’ve done (that’s the S&P 500 in orange and the Nasdaq 100 in green, for context):
They’re not the only ones who overpaid for stocks in 2021, of course, you can add me to that list, too — just a reminder that there’s nothing magical about the “Power Portfolio” technique.
Thank you, Travis, for the “preventive medicine” of saving Gumshoer $$ for (possibly) better picks. I just ran the three freebies by Navellier’s Portfolio Grader today (12/16) – i.e. three days after the Summit.
Results in the order of Total Grade/ Quantitative Grade /Fundamental Grade are:
FCX – B/B/D
FLNC – C/C/C
SQM – A/A/B
Looking at the charts for price activity:
FCX, despite the poor Fundamental Grade, is actually doing well relative to the hemorrhaging state of the markets these days.
FLNC surged the same day of the Summit due to good Earnings but is currently declining . Not sure if this is just profit-taking or if FLNC is really a mediocre stock the Portfolio Grader says it is.
The Chile-based, highly volatile SQM with the best rating has recently plunged due to an analyst downgrade. Chart-wise, it is now in extremely oversold territory.
If there’s a disconnect between peers working for the same organization, how do they expect the investor to buy into their collective effort?
I do like SQM – just sold a Jan 80 put for $320
I have the new 2023 Report if anybody is interested… you can DM me on reddit @ Scoobydoo_nz, or search for the Investorplace sub-reddit