Bargain Stock Numbers Half Way to Correction Levels

1
Submitted by The Investment Shadow | RSS Feed | Add Comment | Bookmark Me!

Shades of 2000: Opportunities exist in most "sectors"... S & P 500 down just 7% from All Time High Levels

Asset Management, Aerospace/Defense, Energy, Banks, Airlines, Utilities, Health Care, Personal Products, Agriculture, Chemicals, Paper, Retail, Heavy Construction, Lodging, Banking, Finance, Railroads, Textiles, Machinery & Equipment, Computer Systems

The Bargain Stock Monitor (contact me for the current numbers) is one of three market statistics used as performance expectation analyzers for MCIM Portfolios.

It is developed from the Month End Value Stock Watchlist screening program and identifies Investment Grade Value Stocks trading at least 15% below their 52-week high. 

Candidates must also meet the price selection criteria outlined in The Brainwashing Of The American Investor.

The "15% down" break-point allows you to keep your eye on "Bull Pen" items. 

The fewer IGVSI equities at bargain prices, the stronger the market as "Smart Cash"  accumulates in the equity bucket of your portfolio. As the list of bargain stocks grows (indicating market weakness), portfolio "Smart Cash" should be finding its way back into the market.

You should be using market volatility to capture all reasonable profits, particularly on high-priced issues

Opportunities to put "Smart Cash" back to work have increased; move in slowly, just in case this "pause" turns into a seriously overdue correction.

        When it does:  

       a) Stick with MCIM buying guidelines; 

        b) Put your "smart cash" back to work; 

        c) Jump on any remaining gains;  

        d) Buy slowly, sell quickly.

        e) Buy more of issues that are down 30% or more and add to income positions.
 

ACTION ALERT: Continue to increase yields and reduce cost basis in the "income bucket".  

The S & P is down just 7% from ATH levels, still far from a "correction"...  nearly a third of the IGVSI universe is down 15% or more. 

What's that all about? Check your copy of "Brainwashing" or contact an authorized Market Cycle Investment Management practitioner

Click for Details --> Join My Linked In Network <--

 
Market Cycle Investment Management
3912 Betsy Kerrison Pkwy
Johns Island, SC 29455
Phone (800) 245-0494 • Fax (843) 243-8509
Contact Steve directly for additional information: 800-245-0494

Please read this disclaimer:
Steve Selengut is registered as an investment adviser representative. His assessments and opinions are purely his own. None of the information presented here should be construed as an endorsement of any business entity; the information is only intended to be educational and thought provoking.


The Working Capital Model - Market Cycle Investment Management - FREE Mentoring Program

Professional Investor/Manager Steve Selengut, and an experienced panel of experts, walk you through the Market Cycle Investment Management (MCIM) portfolio management process. We'll hold your hand, answer your questions, and do everything we can short of security selection as you learn how to run your own (or your client's) portfolio.

The Mentoring Program is FREE, and includes:

  • The "Road To Success" Investment Training Program (minimum of 3 sessions)
  • The "Performance Investors Want & How to Get It" program (if applicable) 
  • The "Market Cycle Investment Management" program

The mentoring program is no longer private --- at least six people (all "Brainwashing" book owners) must attend each meeting.

Note:  Headsets will make the experience much more productive.

CLICK HERE TO JOIN MY PRIVATE MAILING LIST



Associated Content:
Wall Street Wisdom vs. Market Cycle Investment Management - Corrections are as much a part of the normal Market Cycle as rallies, and they can be brought about ...
MCIM Strategies Produce Better Retirement Income - The Market Cycle Investment Management (MCIM) methodology for managed asset allocation was developed...
40% of IGVSI Companies Down 15% or More... time to think CORRECTION - What happens in the future is unpredictable, but understanding the past and how it impacts your uniq...
Worst Month in Six Years; New Lows in ALL Sectors - The New High and New Low issue stats can identify weaker and/or stronger sectors within the Investme...
The Correction is Coming! The Correction is Coming! - IGVSI breadth statistics signal changes in direction within Investment Grade Value Stocks only --- a...
Investment Grade Value Stock Index - The Nuts & Bolts of MCIM - The IGVSI is a barometer of a small but elite sector of the stock market called Investment Grade Val...
How Do You Spell Correction? - Repetition is good for the brain's CPU, so forgive me for reinforcing what I've said in the face of ...
A Preemptive, Timeless, Portfolio Protection Strategy - Both Market Cycle Investment Management and The Working Capital Model were nearly ten years old when...
iShares and ETFs: Speculation To The 3rd Power - So, in addition to the normal risks associated with investing in general, we add: speculating in nar...
Investment Fruitcake - Portfolio design, in its simplest form, is a fruitcake of apples, oranges, and dough. The recipe (as...

Please read this disclaimer:
Steve Selengut is registered as an investment advisor representative. His assessments and opinions are purely his own and do not represent the views of any other entity. None of his commentary is or should be considered either investment advice or a solicitation of business. Anyone seeking individualized investment advice should contact a qualified investment adviser. None of the information presented in this article is intended to be or should be construed as an endorsement of any entity or organization. The reader should not assume that any strategies, or investments mentioned are any more than illustrations --- they are never recommendations, and others will most certainly disagree with the thoughts presented in the article.