Anyone who has read my blog knows that I have been a huge bear on Apple because I knew that many of the biggest mutual funds and hedge funds were dumping this stock over the last 3 months.
Yet I never mentioned the fundamentals of Apple, which everyone already know about how they have the best balance sheet in the world, a great dividend that’s higher than the 10 year treasury and growing, and now a perfect technical trading setup on the chart.
See I am an opportunist, I might have hated Apple over the last 3 months, but that does not mean I am not always looking at the stock every week to see if there are any signs of a bullish reversal.
Well we finally have one Apple is starting to form an incredibly bullish pattern its called an Inverse Head and Shoulders Pattern. Almost everyone knows what a Head and Shoulders Pattern is, it is probably the most common technical analysis pattern in trading. An Inverse Head and Shoulders pattern is an extremely bullish reversal pattern, it occurs when a stock forms a bottom buy printing a series of 3 lows. Whats important about this pattern is volume, volume must be heavy on the lowest low, because that signals a wash out- an exhaustion selling, where are the sellers have sold their position and this is exactly what has occurred in Apple.
Just look at the Chart below,
Now the second reason I think Apple is bottomed is that there is a catalyst which propel this stock back up to the $545 area, which would be a 25% move from Apple’s current share price of $433.
Here is the catalyst, Tim Cook the CEO of Apple, for the first time has come out and lobbied for Apple verbally in the public domain. This is a sign of leadership major hedge funds have been waiting for. Mr. Cook is going to congress and try and work with the US Government on repatriating the billions of dollars that Apple has overseas back into the US at a lower tax rate. I think the US Government will work with Apple and Mr. Cook on this. Why? well as Mr. Cook has said Apple is a huge taxpayer already and a huge employer of US Citizens, so they have a lot of power to negotiate and therefore I believe Apple and the US government will cut a deal on this offshore money.
Why is this bullish for the stock? Well besides the obvious cash issue, market players (hedge funds, mutual funds) hate uncertainty. As I told you these funds like to bet on sure things, and the reason they have not been buying Apple recently is the uncertainty over Apple’s offshore cash hoard. Now that this issue is coming to the forefront with Tim Cook going to congress to discuss this, the cloud of uncertainty will start to disappear. When you combine that catalyst with the bullish Inverse Head and Shoulders Chart Pattern, it means Apple has bottomed. Let me repeat that I am calling the bottom in Apple today 5/18/2013.
Just remember who told you this, remember three months from now how I was the only one who was telling you to sell Apple over the last 3 months, and now I am the only one calling the bottom in Apple.
Will Meade
www.billionairesportfolio.com
To order :https://www.fxtraderprofessional.com/order/billionaireport/
Folks the joke on Wall Street and at all the hedge fund trading desks is YOU!
Listen, as I have told you before, I don’t throw darts or guess to invest. I only bet on sure things.
I do this through my elite information network of contacts at some of the world’s top billionaire hedge funds. I listen when these guys talk because they move the market and they know who is selling and buying in bulk.
Well, there has been a huge mystery seller in Gold that no-one outside of the hedge fund world knows about, and this entity is the reason that gold has plummeted and will continue to plummet. Your stock broker or mutual fund manager doesn’t know this, or they don’t want to tell you, because they want to get your commissions and fees. But the real deal is that global central banks around the world are the real secret seller of gold. Central banks around the world who have accumulated gold in droves during the past 10 years are now dumping gold like crazy.
Why? Central bankers know the real money right now is in US Stocks. Stocks are where these central bankers are parking their money, not only do stocks have the potential to return 20% a year but many of these US stocks pay a juicy dividend of 3% to 4% much higher than US treasuries. So if your a central banker and would you want to earn something on your cash (which they all do), then you buy stocks with dividends. Remember gold has no dividend, never has never will. You get nothing for holding gold!
Think about it this way, many of the best brand name stocks with AA credit ratings have yields higher than US treasuries and they offer the potential for capital appreciation as well. What does Gold offer? Nothing. No dividend. Gold does not have earnings. No cash flow. Gold is just a fear trade.
So while you are sitting there holding your gold or GLD etf, wondering why you are losing money, I am telling you why, right here! Central banks around the world are pressing the sell button on gold every chance they get. This is why my partner and I have told you gold is going to $800, and also why you should sell all of your gold and put it into stocks.
Oh and by the way, in my top performing premium stock picking service The Billionaires Portfolio, I am recommending to my clients today one of the most lucrative and hottest option plays of the year.
Please do not miss this. If you subscribe to The Billionaires Portfolio not only will you get my premium stock service which is up more than 20% in less than 9 months, with 3 stocks that have 100% or more in gains, but you will also get my newest option play, which I think has the potential to make 600% to 800% in just a couple of months turning a $400 investment into $3000.
Also on March 7th I told all the readers on my blog to buy Eagle Bulk Shipping (EGLE) as a leveraged play on the shipping sector. Well, since then, Eagle Bulk is up 150% in less than 3 months time. And yesterday alone it went up almost 60%. That’s how good I am.
I have been telling you for the last three months that mutual funds and hedge fund were dumping Apple. If you don’t believe me look through all past my blog posts and you will see that almost every single week I was trying to save you money by telling you to sell Apple.
I told you that hedge funds mutual funds wanted nothing to do with this rotting stock. Folks this isn’t rocket science you know my background, I have over 15 years of experience in the hedge fund industry working as a Portfolio Manager, Trader and analyst.
I have hundreds of contacts and friends at some of the biggest hedge funds in the world, I have a network of over 2000 people in the hedge fund industry. I live and breathe this stuff. So when I tell you that hedge funds and mutual funds are selling Apple next time listen.
And of course I was right, we just learned this week that most of the biggest hedge funds Tiger Global, Appaloosa Management and others were selling their entire Apple stake over the last 3 months. There it is, that’s why the stock went down simple supply and demand, it didn’t matter that you told me Apple had this much cash, or this much cash flow, all that mattered was there were more sellers than buyers that’s it!!
But instead you read articles from Motley Fool, and their 25 year old Apple Analyst who went to the number one party school in the country Arizona State University, and who has zero-zilch experience in the hedge fund industry or Wall Street. You also listened to the hacks at Barrons, Wall Street Journal who said Apple was a great value at $500. So for your own good and for your own retirement account at least listen to what I am saying.
On Zynga (symbol: ZNGA) I told you months ago, I liked the chart and the fundamentals of this stock at $2.80. Today it’s $3.50, and oh by the way one of the biggest Activist Hedge Funds in the World, Jana Partners just disclosed today that it purchased over 25 million shares of Zynga, coincidence, I think not.
Folks I might not be a genius but I am persistent with over 15 years of experience working in the hedge fund industry including a top ranked Billion dollar Hedge Fund means I have learned a thing or two. I know what stocks hedge fund like, I know what stocks activist hedge funds like and I tell you all this in my service The Billionaires Portfolio.
I also know what stocks Hedge Funds and Mutual Funds like to sell, I was a trader at a hedge fund and a big institutional investment firm, I know how big funds blow out a stock and what it looks like. And again I tell you all this in my Billionaires Portfolio Service.
But no you would rather read articles by The Insider Monkey written by a 28 year old girl who has never worked a day in the hedge fund or investment industry.
Folks I am trying to give you the news before it’s printed. I mentioned Zynga two months before it was disclosed that one of the biggest hedge funds in the world was buying it, and yet you ignore it. If you want to know what’s really going on in the stock market what the big money players are doing what they are buying, what they are selling than do yourself a favor and subscribe to my Billionaires Portfolio at https://www.fxtraderprofessional.com/order/billionaireport/
Let me tell you a sobering fact about the mutual fund industry: Ninety-eight percent of all mutual funds have underperformed the S&P 500 over the last 10-years.
That’s right. Only two percent of all mutual funds have beaten the S&P 500 over the last 10-years.
So, out of the 10,000 mutual funds that invest in stocks, only 200 have beaten the S&P 500. That’s horrendous. So for you, the mutual fund customer, you are facing some horrible odds when trying to pick a good one.
Listen, you would have a better chance betting on sports or horses than you would trying to pick a mutual fund that will beat the S&P 500. So stop doing it!
Mutual funds are for the common sheep. Everyone in the hedge fund industry jokes that mutual fund are the “ McDonalds of Investment Products” — heavy on marketing, weak on quality and bad for your health.
How do I know this sobering statistics?
Several years back, I was paid by an investment management firm as a consultant, to do an extensive study, alongside a PHD from MIT. Our task: To see if we could build a model or ranking system that would predict which, if any, mutual funds could beat the S&P 500 over the next one, five or ten years.
We had over 30 years of data on 18,000 mutual funds to use in our study. My research partner and I ran over 1 million simulations/tests to see if there were any predictive characteristics, such as manager tenure, turnover or investment style, that would predict whether a mutual fund would outperform.
Guess what? We failed. We could not find any trait or characteristic that would predict mutual fund outperformance.
Why? Because they all buy the same stocks. They all have high fees. They all have rules, which will not allow them to buy certain securities. And the ones that try to be contrarian tend to ultimately blow up and have a horrible year, right after they show some outperformance.
Remember, I did this study with one of the smartest mathematicians in the world — a man with a PHD from MIT in Mathematics, and he worked for The Department of Defense in the 1970’s as a code breaker. Let me just say this, if he could not find a way to predict which mutual funds would beat the S&P 500, there is no way you can! Trust me!
If I were you, I would sell all of your mutual funds in your 401K, I don’t care if your company matches or not, it doesn’t matter. I promise you that you will never retire rich investing in mutual funds. There is not one mutual fund over the last 20-years that has returned more than 15% a year, not one.
Remember, not only have I told you that you should be returning 30% to 50% a year, but the world’s richest man, Warren Buffett, has told you the same thing. So if you don’t want to listen to me listen to mega billionaire Buffett.
So how do you return 30% to 50% a year? You invest differently than the masses. An easy way to achieve good, meaningful returns … you follow the world’s richest billionaire investors and hedge funds like I do.
Take David Tepper of Appaloosa Partners…
The media loves to squawk about how great he is, NOW. Ninety-nine percent of industry professionals didn’t even know who he was 18-months ago. I did. I’ve known his every move for well over a decade. Why? He has returned 40% a year over the past 20 years. Let me repeat that: David Tepper, a self made billionaire has returned 40% a year annualized over the last 20 years.
How did he achieve this 40% a year return every year for 20 years? Because he invested the exact opposite the way mutual funds and brokers do.
He buys stocks under $5. Mutual funds and brokers don’t. Plus they will tell you that stocks like that are “dangerous.” You know what’s dangerous, the guy telling you that.
On the other hand, Tepper (not a hack broker, but a Billionaire) buys stocks that are distressed and completely left for dead by Wall Street. And he does serious research before he invests. These are all things mutual funds and your brokers never do!
But I do.
In my service, The Billionaires Portfolio, some of our biggest winners were stocks that were left for dead by Wall Street, even though they may have had a multibillion dollar market cap.
Consider this: We bought a deeply undervalued ($3) stock that is now up more than 120%. And we followed two of the best billionaire investors in the world into these stocks.
Guess what? When a billionaire plows us much as 10-15% of his net worth into a stock, he’s not going to sit back and watch what happens. He’s going to make it happen. He will create value in a company. And in turn, he creates value for me and my customers.
Oh, and by the way. Guess how much of his own net worth your favorite mutual fund manager puts into the stocks he buys. Less than 5%! That’s right. The average mutual fund manager puts less than 5% of his net worth into his own mutual fund. And yet you put up to 100% of your net worth in these funds. Don’t do it.
We have had great interest and feedback from readers of the blog over the last four months. That makes me very excited. Why?
Because my partner and I started this website, billionairesportfolio.com, and our flagship investment research service, The Billionaires Portfolio, to even the odds between Wall Street and Main Street.
I want to put the lazy, unqualified people that have been giving you bad advice, and skimming your investment accounts for big fees, out of business. If you are bad at what you do, you should be forced to find another line of work. The model set up by Wall Street, though, has taken performance out of the equation. These people are bad at what they do, yet you keep giving them your money.
Listen, I am sick and tired, and frankly pissed-off, at the way average investors are treated. And I’m appalled at the quality of advice they receive from their financial advisors, their crummy mutual funds and their rigged 401Ks .
Tonight, I want you to look at your investments: your 401K, your trading account … and ask yourself the following questions:
1) Am I making money?
2) Is my account averaging 30%-50% a year annualized? If not, fire your broker and sell your mutual funds. My service The Billionaires Portfolio is up almost 20% in less than 9 months, while taking on less risk than investing in the stock market. And guess what? I don’t watch CNBC OR read the Wall Street Journal. That does absolutely nothing to help you make money. Next question …
3) What kind of fees is my broker charging me? First, what is the “load” (or sales fee) on the mutual fund I’ve been steered into? My guess is you are paying around 2.5% to 3%. That means if you have a $100,000 account you are being charged $3000 a year by your broker. And I would also guess that they are nailing you for another 2% or so by coercing you into an annuity or just soaking you on up-front sales fees or spreads on trades. My service, The Billionaires Portfolio costs $999 for one year or $297 a quarter (and it’s up nearly 20% in less than 9 months). Again, if you’re paying exorbitant fees, call your broker up and fire him. He is ripping you off. Same with your mutual fund. Also, look at the commissions your broker is charging you. My guess, he is charging you a $100 a trade, while most online brokers charge you $5 a trade. Again, your broker is ripping you off, fire him.
4) Does your broker drive a nicer car or live in a better house than you? If yes, fire him. Why? How do you think he is paying for all those fancy things? With your money. He is ripping off his hundreds of clients (most of them average middle class people) to the tune of $5,000 a year/ per client on average. And I bet your performance still is mediocre. In fact, I bet you haven’t made a dime in your investment account over the past year.
5) Has your broker tried to sell you an annuity? If your broker tries to sell you an annuity or a mutual fund with a load he is crook! Just Google “annuities” and “sales loads on mutual funds” and you will find hundreds, if not thousands of class action lawsuits against companies that sell annuities. If you are paying a sales load on anything, you are an idiot. And you are letting your family and kids down. If your broker or financial planner has sold you any product with a sales load, don’t just fire him, sue him … no joke.
If you don’t understand how to find out what your broker is charging you in fees and commissions, or in sales loads, pick up the phone and ask him. By law he has to tell you what he is charging you.
Let me repeat: Call your broker and ask him these questions:
What is the management fee you are charging me? How much are you charging me in commissions or to make a trade? Have you sold me a mutual fund or annuity with a sales load? Folks he has to tell you.
Again, if you are not up 30%-50% a year, fire your broker and mutual fund. But you need his help, you say. Believe me, he is not there to help you. He is there to figure out how much money he can make on you. I can help you. If you can read, I can help you.
I am writing this blog and running The Billionaires Portfolio to help and educate you, the retail investor.
I don’t care what people think about me. I don’t care what the industry would think about this? I don’t care.
I want you to get the same tools that I provide to my rich clients. I want you to make 30% to 50% a year and be able to retire and send your kids to college.
That’s why I am doing this. I don’t need the money. But I like to make money. It’s fun. And the internet is an amazing tool to communicate with the world. Believe me, if I can destroy the business model that has been ripping off investors for a very long time, I will make a lot of money from it. And that’s what I intend to do.
I want to even the playing field between the rich and the middle class and I also want to expose the abuse that is going on in the brokerage and mutual fund industry. And I want to help you use the markets to make money. It’s not that hard, despite what all of these charlatans will tell you. I tell you almost every day in this blog how to make money.
Folks, I am frustrated. Over the past four months, on this blog, I have provided you with huge winning small cap picks (ex. Trina Solar: symbol TSL, which is up more than 50%). Then I gave you Eagle Bulk Shipping (symbol EGLE), which is up almost 100%.
Then my partner and I told you to sell gold, three different times. Each time if you would have purchased options after this you would have made more than 100% in less than a week. But most importantly, if you’ve been suckered into owning gold, you should have been out before the bottom fell out it at 1522.
I also told you, since February, that stocks are king – you should be buying with both hands.
Stocks have continued to go up, while the gold and deadbeat bonds your broker put you in have gone down.
Then, after all of that, which should have easily made you and saved you thousands of dollars, I gave you one of the biggest option picks of the year. I told you about a Sprint call option which I thought was incredibly cheap. In less than a month, that option was up 560%. That’s a 560% return in less than a month!
If that wasn’t enough I told you last Wednesday that Stanley Druckenmiller, the king of hedge funds, is telling you to buy stocks, sell commodities and sell the Aussie dollar. What happened over the course of Thursday and Friday? Stocks continued higher in the face of a route in commodities and currencies (especially the Aussie dollar).
Moreover, as someone who has been in the hedge fund and investment industry for more than 15-years, I’ve told you that your friendly neighborhood broker, who has never traded for a living or even seen the inside of a real investment shop, was ripping you off to the tune of 2% to 3% a year in fees and commissions (if you’re lucky).
I told you that Warren Buffett, the world’s richest man, told you that if you were not earning 30% to 50% on your IRA or 401K, than you were failing, or your stock broker or mutual fund manager was failing. And therefore you should fire them and seek other advice.
So let me repeat that: Warren Buffett, the world’s richest man, a man who has the greatest investment track record in the world said if you have less than a $10 million account, you should be earning 30% to 50% a year. Yet you are still listening to your broker and mutual fund manager.
That’s fine. The more people who follow the herd (follow stock broker’s advice, invest with mutual fund managers, trade their own account on CNBC tips) the better it is for me and the people that listen to me.
Unlike most of the scum in this industry, I have used the internet to help people. Not to rip them off. I have a service that is very simple to follow, and very reasonably priced. In my service, I provide the most simple and powerful investment approach that I have ever found in my 15-years in this industry. I find out what the richest, most powerful investors are doing. And I follow them. Can I make money other ways? Sure. I’ve shown you plenty of ways. But for the average guy, there is nothing more powerful than following the best. Go play golf. Spend time with your family. Don’t waste your life watching CNBC and trying to time the market. Let the billionaire investors of the world work for you for a change. They spend the money on resources, they use their power and influence, we go along for the ride.
If you have followed my service, you are up almost 20% in less than eight months, while holding as much as 50% cash in our portfolio.
So look, if you want to be average and poor, and still invest with corrupt brokers and mutual funds, you just continue to create market mis-pricings for me. It gives me a chance to have a little fun on the side with the types of trades I described above.
If you want to continue to listen to the 25-year old journalists with no trading experience at all of the crappy investment websites out there, go ahead. Don’t listen to us. We have a combined 30-years of experience trading for billion dollar hedge funds.
When it comes time for brain surgery, would you rather have a surgeon with 30-years experience and Harvard medical degree, or would you rather a guy cut your head open that has a mail away degree from the islands?
One of Forbes 400 youngest and smartest billionaires, Chase Coleman, of the $10 billion Tiger Global hedge fund dumped his entire stake in Facebook. That’s rights, he sold every single share he owned of Facebook.
And you still own it, or buy it! I told you earlier this week. Only buy Facebook if you short Linkedin against it. In that case, you have a chance to make money. Why? At least, you are owning the least overvalued stock.
But listen, one of the richest and best hedge fund billionaires in the world sold all of his Facebook shares. Consider this: Chase Coleman employs analysts from Harvard, Stanford, MIT, etc. … and pays industry consultants hundreds of thousands of dollars to tell him what is going on with companies and stocks.
Yet you think by reading articles on the internet by English majors who never worked on Wall Street (i.e. Motley Fool ) or journalism majors who are 25 years old and never traded a stock (i.e Insider Monkey) that you will know more that a billionaire hedge fund manager with all of the resources in the world at his disposal? Give me a break. Get real folks.
Okay, here’s a reality check …
1) The mutual funds in your 401K stink. They are too diversified. They own hundreds of mega cap companies that never move. Newsflash: They want you to keep plowing your paychecks into these things so they can crush you on fees. They get rich. Not you.
2) If your 401K or IRA is not up more than 15% this year, fire your broker, financial advisor, private banker, mutual fund manager, whatever these people call themselves. The stock market is on fire. The global central banks have given you a green light to buy stocks and make money. Yet your scratch golfer broker probably has you in bonds and gold. Tell him to quit golf and take some courses in finance and global economics.
I live and breathe markets and research. That’s how you make money. Being a scratch golfer does not make me money. Being the best exerciser does not make me money. Knowing how to read cues in markets and how to squeeze the vulnerable sheep in markets does! Where are the vulnerable sheep now? They are long gold. They are short stocks. They are short the dollar. And they are long commodities. They are positioned exactly the wrong way.
If you want to get rich, do what rich people do. That’s what I do. And that’s what I do for my subscribers in my research service, the Billionaire’s Portfolio. It’s the only service that lets you invest alongside the world’s greatest billionaire hedge funds and investors. We have had three stocks that have gone up more than 100% in less than 8 months, but most importantly, by following the world’s greatest investors, our portfolio is up nearly 17% in less than eight months (and for most of that time, we’ve been heavily in cash while we’ve been building the portfolio).
When we follow billionaire investors into stocks, we don’t gamble. We are not making bets. We know that these investors are going in with a plan to unlock value in that company — to produce a huge return for themselves. When they do, they produce a huge return for us.
So join my service (click here). Or stay poor and stay with the mutual fund companies that charge you high fees and give you singles digit returns.
The famous Ira Sohn Conference is going on in NYC as we speak, this conference features the most powerful Billionaire Hedge Fund Managers in the world and their best long and short ideas.
So here are some of the best tidbits from today:
One of my Favorite Billionaire Hedge Fund Managers- Stanley Druckenmiller, a man who probably has the greatest single long term track record of any hedge fund manager in history. Druckemillier averaged over 32% annually for more than 25 years, with only one down year.. and was also George Soros’s right hand man in the 1980’s, which has made him a multi billionaire.
Druckemiller said the following
He said the Stock Markets will keep rising.
He said there is no chance of any bear market until the Fed Signals an end to QE
He said the commodity super cycle is over and he is short commodities, commodity companies and commodity currencies.
He especially likes the Australian Dollar to go down a lot, and is heavily short the Aussie.
Kyle Bass, another great global macro hedge fund manager, really likes the stock Dexone Corp, symbol, (DEXO), he thinks it has huge upside.
Activist Investor Keith Meister, a Carl Icahn Protege, said he is buying huge chunks of Level One Communications (LVLT) and TW Telecom (TWTC).
Famous Activist Bill Ackman says that he thinks Proctor and Gamble (PG) is worth more than $125 a share. It is currently $78.50.
Famed Short Seller Jim Chanos said Seagate Technologies (STX) is a great short sale candidate!
First, we often get emails from people that think they can enlighten us. They like to tell us “a collapse in stocks is coming”, “hyper-inflation is coming”, “load up on gold or you’ll be sorry”, etc. In short, all of one-liners that the sheep have been fed by the charlatans on TV for years now, and even your trusty Wall Street Journal. Guess what? It hasn’t happened. They’ve been saying it for years. It’s not just that they’ve been wrong that’s annoying, it’s that the basis for their arguments is wrong, and reckless. And it’s undoubtedly lost people a boatload of a money.
Invariably, these emails come with a link to some article that has shaped the emailer’s view. Nine times out of ten, this “article” is not really an article, it’s nothing more than a sales promotion from a typical hack newsletter, that has taken a hodgepodge of lies, myths and factually flawed theories, put them together in a “shock the world” expose.
Some of the culprits: NewsMax, Agora, Sovereign Society, etc.
Some of these guys: Steve Sjuggerud, Martin Weiss, Peter Schiff, Bill Bonner, Addison Wiggin. Porter Stansberry.
If you see these names, run. It’s all garbage.
Peter Schiff has been telling you over the year that the US Economy and the dollar were going to tank, they never did. (I have a correction: Mr Schiff called my company two times today to explain that his clients did not lose the amount I posted, but I can not find any performance numbers available for his funds, so you can visit his website if you are interested in his performance numbers. My point was that there was a huge opportunity cost, very big and painful, to anyone who was selling stocks, betting against the dollar and the U.S. Economy… all things Mr. Schiff has said very publicly on CNBC,YouTube and in articles ALL over the internet). He’s not alone, most of them have. And virtually all of these guys have told you to dig a bunker and surround yourself with canned foods and gold. Any of these flawed recommendations should be good enough for a life ban from ever giving anyone advice again.
Because we know the sheep have been herded into this dangerous gold trade, we’ve tried to warn you to get out. The bottom is ready to fall out of this flawed trade. My partner, Bryan Rich, has told you twice now, here on this blog, to sell gold. Get out! Both times he has given you the exact level at which to sell (first ahead of 1522…and the next time ahead of 1460). Each time he has been dead right. Heck, if you had bought puts on gold each time he’s told you to sell gold, you would have doubled your money quickly. But the point is, don’t be caught holding the bag on this trade thinking you should own 1500 dollar gold because you think the dollar is going to zero. It’s not. It hasn’t. And it won’t. The Fed policies are keeping our economy alive (just as the policies are at other central banks). But that’s it. Even after three rounds of QE, there is as much risk of a deflationary spiral as there was six years ago. Enough said. Chuck your gold.
And remember this, stocks now are up more than 14% year to date, and gold is now down 13% year to date. You have lost 27% of your hard earned money listening to people that have zero background in economics or investing experience (these journalist and newsletter hacks).
Who do I listen to? First of all, I do my own research. Primary research. I don’t let journalist at the Wall Street Journal tell me what to think. And I don’t let former radio disc jockey’s/turned TV hosts tell me what to think.
The opinions I care about? … billionaires … rich people … the best investors in the world … and central bankers. In short, people that have power and influence.
That’s who I want to hear from. That’s what my research is all about. And that’s what my service is all about, The Billionaires Portfolio. Listening to, and following the best. Instead of running with the sheep, my subscribers are making money. We are beating the stock market. We have creating wealth in this environment, just like the world’s best billionaire hedge funds and investors.
So what can you do now? Cancel your subscription to Barrons, Wall Street Journal, etc. Fire your C-student, zero trading experience stock broker, and listen to what the richest people world are telling you.
We are doing a live portfolio review this Thursday for The Billionaires Portfolio. I go over every stock pick in our portfolio and answer any and all questions. So get on board now, it’s the perfect time. My goal is not just to make you wealthier, but to teach you how to think like a successful investor – not like the herd. Click here to subscribe https://www.fxtraderprofessional.com/order/billionaireport/
Buffett: At his annual Berkshire Hathaway meeting this weekend Buffett said stocks are still the only game in town and said the stock market is not in bubble territory.
Apple and Facebook: These stocks are at inflection points. Both stocks have seen some recent positive momentum, and technically are starting to look good. But I am still not hearing a lot of hedge funds or billionaire investors who are buying heavily into these stocks. So as I told you before, tread carefully here. Do not buy options on these stocks, but you could start dipping your toes back slowly into these stocks.
Gold: If you own GLD, you are going to lose money. If you own gold futures or gold bullion, you are going to lose money. It’s a matter of time. Same with silver, and the silver ETF. If you own it, you are going to lose money. It’s that easy. The gold and silver bull market is over. It’s done. Every billionaire, including Buffett has told you gold is a terrible investment. So please stop listening to conspiracy theorists and uneducated newsletter editors on how gold is a safe-haven investment. Listen to billionaires. Billionaires are buying stocks and selling gold and silver.
If you are scared to buy into the stock market, but have cash ready to invest, I can help. I run an institutional quality stock picking service called The Billionaires Portfolio. The Billionaires Portfolio is the only research service in the world that lets you invest alongside the world’s greatest billionaire investors and hedge unds. I use my extensive database and network of contacts to find out what stocks billionaires are buying. And I share that information with my subscribers.
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