Subscribe for real time updates

A Market Knockdown is Coming…but NOT a Knockout!

Jordan Kimmel is a Portfolio Manager for Gitterman Wealth Management. Phone: 848-248-4290Email: jkimmel@gittermanwealth.com With over 30 years of experience in the financial services industry, both as a retail broker and fund / portfolio manager, Jordan is the creator of the FACTS® Stock Selection Process, which employs a unique holistic and quantitative analysis on the integrity and sustainability of over 2,000 US companies. Jordan’s FACTS® method identifies organizations with: Financial Strength Accounting Conservativeness Corporate Integrity Transparency Sustainability / ESG (Environmental, Social, and Governance) Metrics FACTS® analyzes the largest and most liquid companies, and also incorporates Jordan’s Magnet® Investment Strategy, one of the first strategies of its kind to combine the best tenets of value, growth, and momentum of company fundamentals. Magnet® has been licensed to several leading institutions around the country, and Jordan appears frequently on several major financial TV networks, including CNBC, Fox Business, Bloomberg, and ABC News, among others. He has also been quoted extensively in several publications, including Forbes, The Wall Street Journal, and U.S. News & World Report. He is the author of two books, the most recent being “The Magnet Method of Investing.” (Wiley, 2009).
Jordan Kimmel is a Portfolio Manager for Gitterman Wealth Management. Phone: 848-248-4290Email: jkimmel@gittermanwealth.com With over 30 years of experience in the financial services industry, both as a retail broker and fund / portfolio manager, Jordan is the creator of the FACTS® Stock Selection Process, which employs a unique holistic and quantitative analysis on the integrity and sustainability of over 2,000 US companies. Jordan’s FACTS® method identifies organizations with: Financial Strength Accounting Conservativeness Corporate Integrity Transparency Sustainability / ESG (Environmental, Social, and Governance) Metrics FACTS® analyzes the largest and most liquid companies, and also incorporates Jordan’s Magnet® Investment Strategy, one of the first strategies of its kind to combine the best tenets of value, growth, and momentum of company fundamentals. Magnet® has been licensed to several leading institutions around the country, and Jordan appears frequently on several major financial TV networks, including CNBC, Fox Business, Bloomberg, and ABC News, among others. He has also been quoted extensively in several publications, including Forbes, The Wall Street Journal, and U.S. News & World Report. He is the author of two books, the most recent being “The Magnet Method of Investing.” (Wiley, 2009).
As I have mentioned over the last few weeks, the tide has started to go out, the market leadership was getting narrower, the advance decline line was deteriorating, and the new-low list was

As I have mentioned over the last few weeks, the tide has started to go out, the market leadership was getting narrower, the advance decline line was deteriorating, and the new-low list was expanding. Those are all serious body blows for a market to take. That is when the market becomes vulnerable for a head shot. I suggested we need to take advanced notice to get ready for a 20% sale on most company’s stock prices. The reason I am not worried is that much of the damage has already been done. And…I think a knockdown is coming, but not a knock out!

My guess is that by year-end and mid-year next year, most everybody will be surprised how high the market closes compared to their current fear levels. I think for the very short term though, we are getting ready for a scary move lower on the major indexes. Many small-cap stocks are already in their own bear markets. I suggested a few weeks ago when I was sending early warning signals out, and suggest again, that my guess the knockdown will present the opportunity for strong gains six-to-nine months out.

There is too much cash around waiting to buy the selloff, too much pessimism, too much bad news already creating fear to help counter the selloff. When the head shot comes, and I think it will come pretty soon, be prepared and ready to buy at your wishlist prices.

Longs- Gilead Sciences Inc. (GILD) , Omega Protein Corporation (OME) , Microsoft Corporation (MSFT) , Constellation Brands Inc. ($STZ)

Shorts- NetSuite Inc. (N) , Chico's FAS Inc. (CHS)

By Jordan Kimmel, Chief Investment Officer at Investview, Inc. (INVU)