Friday, November 22, 2024

Google: The Scariest Big-Tech Trading After Summer Highs (Rating Downgrade) (NASDAQ:GOOG)

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Nationally ranked stock picker for 30 years. Victory Formation and Bottom Fishing Club quant-sort pioneer…..Paul Franke is a private investor and speculator with 38 years of trading experience. Mr. Franke was Editor and Publisher of the Maverick Investor® newsletter during the 1990s, widely quoted by CNBC®, Barron’s®, the Washington Post® and Investor’s Business Daily®. Paul was consistently ranked among top investment advisors nationally for stock market and commodity macro views by Timer Digest® during the 1990s. Mr. Franke was ranked #1 in the Motley Fool® CAPS stock picking contest during parts of 2008 and 2009, out of 60,000+ portfolios. Mr. Franke was Director of Research at Quantemonics Investing® from 2010-13, running several model portfolios on the Covestor.com mirror platform (including the least volatile, lowest beta, fully-invested equity portfolio on the site). As of September 2024, he was ranked in the Top 3% of bloggers by TipRanks® for 12-month stock picking performance on suggestions made over the last decade.A contrarian stock selection style, along with daily algorithm analysis of fundamental and technical data have been developed into a system for finding stocks, named the “Victory Formation.” Supply/demand imbalances signaled by specific stock price and volume movements are a critical part of this formula for success. Mr. Franke suggests investors use 10% or 20% stop-loss levels on individual choices and a diversified approach of owning at least 50 well positioned favorites to achieve regular stock market outperformance. “Bottom Fishing Club” articles focus on deep-value candidates or stocks experiencing a major reversal in technical momentum to the upside. “Volume Breakout Report” articles discuss positive trend changes backed by strong price and volume trading action.

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