By: Jeffrey P. Cohen, Investment Advisor Representative & President
On April 5, 2022 after market close, we ran our models. This was not a good day in the market. Gold and gold mining stock $NEM fell while the $SPY and other indices fell.
Many stocks we follow, whether they were CQNS UP or CQNS DOWN also fell. BETAs were magnified in the RED rout.
So, we ran the model again and found 9 stocks that are very efficient (meaning you don't carry extra risk for the expected return) when compared to the S&P 500 ETF ($SPY). They also make positive net income. Finally, they have extraordinary high BETA values.
This means they will rise like a rocket, or fall like a bomb today if the overall market moves aggressively. None pay a dividend, so you can bet against them too without the cost of the dividend.
In order of efficiency:
Do your due diligence before investing. This is not investment advice. Investing in stocks (especially these 9 tickers) entails risk and you may lose your investment.
Update: 8:55 am EST
Our 9 "Rockets" are all down in pre-market, along with the $SPY. The US equities market is flashing RED this morning, in all the right places.
Stock Market BLOG
President and Investment Advisor Representative