Inside of Exodus, there is a fantastic tool that permits users to profile the market based on fundamentals. I know, for you lazy clam shucking chart chompers, the word fundamentals beckons the days when you had to read, something disdainful to you. While this market is promoted by and pursued by chart licking illiterates, some of us still care about what these companies actually do.
To my point.
I ran screens to find a criteria that has produced the top performing stocks over the past month. The higher I went in market cap, the greater the returns. We already knew that, by simply witnessing the lack of muscle in the Russell. Then I tweaked the gross margins and found that too high was no good, the same for too low. They needed to be right in the middle, at 40%.
Price sales under 20.
PE over 25
Earnings growth over 50%. This was a huge game changer in the returns had over the past month, which paints a market that truly appreciates earnings.
Free cash flow over 500 million.
Now, individually, each screen produced dozens, if not hundreds of different stocks. But if you combined all of the criteria mentioned above, just one stock is produced.
Odd no?
Loosening the Mussolini type reigns on this screen, here are some additional ideas, based upon scientific fact, not conjecture or wanton opinion produced out of ignorance.
To put this into perspective, the median return for all stocks over the past month is 7.1%. The screen above produced a return double that. There will be outliers, like the fucking liars at GPRO, swindled by parasitic VCs, mountebanks, who rape and pillage the average Joe on a regular basis through a dizzying panorama of tommyrot IPOS. You’d be mindful to recuse yourselves from the litter of IPOs that is fanned out across the market, like shit in a catapult, by Morgan Stanley, Goldman Sachs, JP Morgan and others. Instead, why not focus on what’s been working?
If I am but one thing, I am a river to my people.
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Yes, Monsieur Le Duc de Fly you are Auda abu Tayi.
I’m all that and a bag of chips.
Dammit, vampyr – you just outed The Fly!!! https://www.youtube.com/watch?v=abI8cdLvJp8
Classic film. Glad it was picked up
I’m saying your driver’s license reads “Auda abu Tayi”
I had been watching WETF but managed to miss this late monster move over the last few weeks
Well-orchestrated day. Someone had the digital-money indices button locked and loaded. Well-orchestrated, guys, bra, voh.