Bull Sessions (4/12/2022)

Checking in on Covid Cancellation stock panel selections. Expected Returns highlights. These weekly discussions seek to explore relevant topics and/or actionable opportunities for deeper dives. The sessions are held on Tuesdays at 2 PM. The editorial calendar will include stock analysis methods, specific company studies, portfolio design and management, “missions” within Manifest Investing …

Mark Robertson and Ken Kavula, joined briefly by Kim Butcher, hosted the April 12, 2022 Bull Sessions webinar to review stock selections from their Successful Investing series over the past couple of years, dubbed "COVID Cancellation Conferences 1 through 4." The discussion began with contextual analysis of April stock market performance across decades, noting that second-year presidential terms tend to show slightly weaker returns, though Ken emphasized that such patterns are curiosities rather than reliable predictors. The hosts examined earnings forecasts and profitability trends, observing that analyst consensus estimates appear optimistic again, with historical patterns suggesting they may moderate over time.

The session included performance tracking of their investment portfolios and comparative analysis against various benchmarks, including discussion of volatile stocks like Nvidia and the challenges facing smaller companies in the current market environment. Notable portfolio changes were highlighted, including the sale of eHealth and its replacement with Pachira Biosciences—described as "a dramatically good move"—and the replacement of Greentree with First Foundation. The hosts maintained their educational focus on demonstrating the Modern Investment Club methodology as championed by Manifest Investing and the National Association of Investors (formerly Better Investing), while cautioning viewers that significant opportunities exist among lesser-known stocks in the broader market.