Author Archives: Rick Pendergraft

An Investment Strategy That Pays You to Wait for a Better Entry Price

Over the last few weeks, I have been having a harder time finding stocks that I am willing to recommend to my newsletter subscribers. My process for selecting the stocks I recommend has three components to it—fundamental analysis, technical analysis, and sentiment analysis. Ideally, I find companies with strong fundamental indicators that aren’t overly loved by other investors. As a ...

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Q2: Best Performance in 22 Years, Now What?

After a dismal first quarter which saw the S&P fall by 20%, stocks roared back in the second quarter and the index turned in its best quarterly performance since 1998. As of the close on Monday, with one day to go in the quarter, the S&P was up 18.13%. Despite the huge gain in the quarter, the S&P is still ...

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Wall Street’s Version of Pros Vs. Joes

From 2006 to 2010 there was a reality show on the Spike network called Pros Vs. Joes. The show featured professional athletes in competition against amateur athletes in various sporting competitions. Most of the professionals were retired, but it was still entertaining to watch the average person compete against a world-class athlete. At least as an old jock, I found ...

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A Flight to Quality?

The investment environment changed dramatically in mid-May as investors seemed to switch their focus from growth-oriented stocks to value. I shared my theory the other day that it seemed like more of a case of buying anything that hadn’t rebounded from its March low. We saw insane gains from various oil companies, banks, industrial companies, etc. I specifically mentioned airline ...

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Average Joe is Being Replaced

Over the last few years, I have talked about my Average Joe indicator on several occasions. I even introduced an old high school classmate as the typical Average Joe as he would call me and ask for advice on what to do with this stock or that stock. Unfortunately, I have had to replace the original Average Joe because I ...

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Looking Back at My Prediction for the Market in 2020

We’re not quite halfway through the year just yet, but while doing some research for another article earlier today, I couldn’t help but think about an article I wrote for Bull Market Rodeo at the beginning of the year. I wrote the piece back in December and pointed out what I thought would be the top two sectors for 2020. ...

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Why Experts Predict a Crash Could Be Good for the Market

When I first entered the investment publishing industry it was with Schaeffer’s Investment Research in Cincinnati. That was in September 2000 and one of the first things that I learned was about using sentiment analysis as a major part of the overall analysis. I was already enamored with the market and had been studying and analyzing it for approximately 15 ...

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