Dan AmossDan 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 gained 462% as the stock fell from $45 to $12. And he called American Airlines’ bankruptcy long before the Chapter 11 filing, telling readers to short the stock, which tanked from $6 to just 26 cents.

Formerly, he was investment adviser to one of the top small-cap mutual funds in the country. He grew up on a semi-working small farm that his great-grandfather bought in 1907, learning thrift and the value of hard work through generations. 

This informs his drive to seek truth and expose frauds and promotions that suck in investors. He cut his teeth in finance interviewing management teams in “roadshows” and so knows the kind of BS they sell.

His bottom-up investing style focuses on management strategy, return on capital and the truth (and lies) buried in financial statements.

New Prophesy Buy: 150% Gains as Tariffs Squeeze Margins of This Consumer Electronics Stock

While a pause in trade war negotiations brought a temporary market rally, global markets were thrown into turmoil with the recent arrest of a Chinese CFO in Canada based on a U.S. arrest warrant. This has resulted in even more tensions in U.S.–China relations and the possibility of a new Cold War. Using our unique Prophesy indicator, Jim and Dan have identified a profitable play on an electronics stock that imports components from China and whose margins will be affected by additional Trump tariffs.

Project Prophesy Portfolio Update

The anticipated meeting between Presidents Trump and Xi at the G-20 summit resulted in a three-month pause in the ongoing trade war. Markets reacted negatively to the news. If stocks fall much further, Jim expects gold to rebound when investors anticipate the next round of easing policy from the Fed and other central banks. For now, read on for Dan’s analysis on all open recommendations, including a new utility play that will benefit from a continuing drop in Treasury yields.

Market Tanks on Realization That Trade War Will Continue

As Jim predicted, very little progress was made on trade negotiations between the U.S. and China at the G-20 summit. This realization brought a sell-off on Wall Street as markets tanked. But as Dan explains today, there is one critical factor investors should look at that fueled market gains earlier this year and could determine where stocks are likely to go from here.