QuantZombie's 3Q22 US Market Outlook: Will there be a Bear Market Rally?
We are pleased to share our 3Q22 US Market Outlook recorded 30 May 2022.
In it we study together how the S&P500 got to this point, we follow up on defensive value stocks we shared at the beginning of the year, how the markets went to our expectations but also how they overshot the weakness we expected, and how our "idealized" portfolio outperformed the S&P500 benchmark this year by +30%.
So far this year, I think anyone who has been following us will know we have done very well in terms of market guidance and the stocks that we highlighted and studied this year.
While the S&P500 was done (at lowest) by 20%, Semi stocks down 30% and ARKK stocks down more than 50%, our highest recommended defensive value stock ET and VST, massively outperformed with a gain of 30% and 12%. This is tremendous in a broad bear market.
A week after we mentioned CMLS during the Zoom meeting, the company executed a dutch auction to buy back stocks from shareholders at a minimum price of $14.50, an almost 28% premium to the price at the time of $11.50.
We thank God and could not have threaded the needle without Him.
The word I hear today is "Do not let your hearts be troubled; do not be afraid." (John 14:27)
We share our opinions on advanced technical analysis, macro analysis, likely scenarios going forward and types of stocks that might still grind higher even if there is broad market weakness.
I hope the webinar is of value to you, whether you learn a little more about how to integrate macro, technical analysis and valuation of stock/sectors or if it gives you a heuristic how to position yourself for possibilities going forward.
Let us know if you what you think of the webinar, we appreciate the feedback and communication.
Also note that the opinion of myself and Joshua Tan (macro strategist) are independent, some times we agree, some times not as much. But together it can help to form a better picture of the market.
All of us are all experienced ex-analysts that have proven track records.
Share mentioned: ET, VST, CMLS, CROX, Valuetronics, Capitaland Invest.
ADDENDUM: Note that in the presentation, CMLS is NOT trading at 5x cash flow, but is at an inflexion point going from negative to positive earnings. Management is confident of improving business conditions hence the share buyback.
By faith, we are structuring our service like a ministry. We spend our time and experience sowing the best ideas we have to you and we hope you will also sow in us. I can guarentee you that the work you get here, although sparadic at times, is at a very high level that can give research houses that charge thousands a run for their money.
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