Stock picking isn’t dead yet. My Bubble Basket inside Exodus, an index targeted to find overvalued stocks, is down more than 17% for the year–in spite of the indices hitting all time highs. The last update to the index was given in December of 2015, until today.
Previous to this iteration, the index was heavily biased against biotechs–rightly so. Without giving the freeloaders here on the site access to my new picks, I will tell you that I’ve moved away from biotech and have added some silver, gold, REITs and maybe a few oil stocks–just to name a few.
The index isn’t comprised of the top performing stocks. Instead, it is almost solely based on fundamentals–something most of you eschew because it takes time, intelligence, and patience to understand.
Here are the broad strokes.
Median mkt cap: 4.64b
Median short %: 12.5%
Median p/s: 16x
Median PE: 134
Median Fundamental score (measured on a 1-5 scale by Exodus): 2.78
