Bull Sessions (8/29/2023)

Join us as we warm up for Tuesday evening’s Lightning Round Table as we hunt down some opportunities to preserve our 15-16% annual rate of return since 2010. Are Medical Devices for sale? When Audits Matter …

In this Bull Sessions webinar from August 29, 2023, Mark Robertson and Ken Kavula, along with guests Kevin Gillogly and Matt Spielman, discussed end-of-summer investment topics and market conditions. The session covered alert settings and screening tools available on the Manifest Investing platform, with a focus on using the Relative Strength Index (RSI) to identify potential selling opportunities when readings go above 80 or below 30. The speakers examined housing market dynamics and mortgage challenges facing homebuyers, with Matt Spielman sharing insights about creative mortgage buydown strategies employed by home builders to help buyers afford homes without reducing prices proportionally.

The webinar featured a competitive roundtable competition among investment club members tracking their performance against the general market. The speakers discussed their groundhogs watchlist (stocks under observation), noting that some holdings like MP Materials and Semler Scientific have faced price pressure despite strong fundamentals, while expressing hope for improved performance over the next two months. Ken Kavula highlighted Technoglass as a company with significant upside potential and positive catalysts, having recently added it to multiple investment club portfolios. The session emphasized the ongoing challenge of finding quality companies at reasonable prices and maintaining discipline during volatile market conditions.