Chris Mayer was on the 328th Frank Curzio’s podscast (15Jul15) where he talked about his research into the basis of his new book. In 2014 he studied eash stock which went up 100X since 1962 and found 365 stocks. The underlying principles he is now using to identify stocks which will go up 100X in the future. His book 100-Baggers has now been published. In the podcast he indicates his current best pick in HLTH. It may be worth watching.
The Follow The Money Weekly podcast on 29Jul15 made the following observations:
1. We do not have free markets – central planning by governments are controlling the markets. 18 different countries are buying up securities to keep their markets going including China which has purchased 147B to buy securities and keep its market up.
2. The US fed will soon have to start QE4.
3. Since we will soon be giving Iran 150B dollars, look out as they spend more on their objectives to kill all the citizens of the US and Israel. The administration has stated some of this will be spent to support terrisam
4. The Chinese market has had the biggest drop since 2007 – remember what happened after 2007.
5. Since the deal with Iran is coming, Saudi Arabia is having Russia build 16 nuclear reactors so they can get the bomb before Iran can.
6. US House members who voted to prevent states from labeling GMO foods received an average of 109k contributions from big agriculture firms.
7. 3 US supreme court members voted for favorable results for the companies in which they held stock 90% of the time without recusing themselves.
He goes on to say that we have the best government money can buy.
Interesting view of Buble 2.0 http://www.zerohedge.com/news/2015-08-05/housing-2006-redux-mortgage-fraud-and-speculation-come-roaring-back
Not sure SBiotechnology owned AQXP but it was up 482.12% on Friday. I wish I had owned it.
IBD TBP’s Market Pulse is “Uptrend Under Pressure” – Not a Time to invest.
My current investments:
IRA#1
SBiotechnology has a price of 265.56, a sell price 264.79, a rank of 04, and is a Hold.
IRA#2
SPharmaceuticals has a price of 24.39, a sell price 23.67, a rank of 02, and is a Hold.
SHealthCare has a price of 239.20 a sell price 234.54, a rank of 09, and is a Hold.
SmallCapGrowth has a price of 20.80, a sell price 20.14, a rank of 07, and is a Hold.
My portfolio changes this weekend:
IRA #1 – None.
IRA #2 – None.
My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 60% invested