# Bull Sessions (5/10/2022)

Two years ago we examined the impact of the COVID recession on fundamentals and stock studies -- resulting in our Chasm Cartography session. Now -- on the ot...

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Two years ago we examined the impact of the COVID recession on fundamentals and stock studies -- resulting in our Chasm Cartography session. Now -- on the other side -- we should probably take a look at the inverse, those companies that resemble an anaconda after a "full" meal? Many companies (Peloton, Zoom Video, Netflix) had a huge run up followed by a plundering plummet ... let's take a closer look.

Mark Robertson and Ken Kavula lead this May 10, 2022 Bull Sessions webinar addressing the challenges of turbulent markets and investor psychology during a period of significant market volatility. The session highlights Herb Lemkuhl's "Sin Soap and Soup" Groundhog portfolio, which has taken the lead in the individual investor contest by focusing on defensive, dividend-yielding consumer staples and blue-chip companies. The portfolio's strategy of avoiding high-growth "pre-profitable" companies contrasts sharply with approaches like Cathie Wood's, which have struggled significantly in the current market downturn. The speakers emphasize that participants on their performance list are far outperforming the average investor, who is experiencing a -24% return—the worst market conditions seen in 15 years.

The webinar provides detailed analysis of market fundamentals using the Value Line Arithmetic Average, which tracks approximately 1,700 companies and shows that stock prices have dropped enough to restore attractive return forecasts. Robertson shares his analysis of the NASDAQ stock (ticker: NASDAQ) and its relationship to the NASDAQ 100 (QQQs), noting that while they track closely together, the NASDAQ itself offers only modest 7% projected returns. The discussion reinforces the Modern Investment Club Movement's long-term, fundamental analysis approach, which has proven successful for over 80 years, and encourages investors to focus on quality companies with reasonable valuations rather than speculative growth stocks during volatile periods.