Project Prophesy Portfolio Update for May

After an excellent March for Project Prophesy trades, with many triple-digit winning trades closed out, April was more challenging. The market environment appears to resemble a bear market rally, rather than a true bull market. Those who have been quick to pile into momentum stocks in recent weeks will be even faster to sell on the first sign of weakness. For now, Dan reviews all the open positions in the portfolio, including good news for two of our positions after their earnings calls this week.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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