Blog : 7 for 7 on Spoiler Alerts + 4 Ways to Profit

by Peter Leeds on July 9th, 2015

In our "Spoiler Alerts" three days ago, as the markets were deep into panic mode:

 
We Said:  The markets overreacted.
 
What Happened:  Few agreed with us while the stock markets were tumbling.  Since our comments, the major markets have stabilized and risen as much as 200 points in some cases.
 
 
We Said: Greece stays in the Eurozone
 
What Happened:  They will remain in the Eurozone... for now.
 
 
We Said:   Greece goes deeper in debt to the International Monetary Fund (IMF)
 
What Happened:  If their debt levels and I.O.U.'s weren't scary enough before, just watch after this last minute deal is accepted.
 
 
We Said:  The Greek people face some austerity measures
 
What Happened:  In a proposal tonight, the Greek government is suggesting some painful budgetary cuts and austerity.
 
 
We Said:  The Greek banks come back online slowly.
 
What Happened:  The banks are bemoaning that they only have a few days of cash left, the ATM machines are limiting withdrawals, or are out of cash, and bank runs, lineups, and banking holidays are rampant.  However, the latest financing deal will pass, and the financial institutions will slowly go back to normal.
 
 
We Said:   The stock markets have a day and a half relief rally, and then they should hold up pretty well.
 
What Happened:  Depending which exchange or index you are watching, our call was perfect, or almost perfect.
 
 
We Said:   the markets will hold up pretty well... at least until people notice what is going on with China.
 
What Happened:  China is slowing down, their stock markets have dropped 30% in 3 weeks, and despite having watched it for a while now, most of the American population is just now noticing that this will affect them.
 
 
Four Ways to Profit:  
 
1.  Recognize that the "sky is falling" attitude about Greece across all major media is spooking investors.  Many people are not buying shares, while others are selling at highly undervalued prices.  This could mean opportunity for those putting fresh money to work, as we explained here.
 
2.  As the last-minute deal between the IMF and Greece is ratified, the stock markets may scoot a little higher.
 
3.  The weakness in China will get worse, and be a perpetual overhang to shares for the coming weeks.  Businesses involved with commodities or resources will have a hard time breaking higher, but at the same time most of the concern is already factored in to share prices, so we may be near bottom with most of them.
 
4.  Trust that the Donald Trump, Bill Cosby, and Ariana Grande events will distract the majority of the population, resulting in an already slow summer for trading activity becoming even quieter.  You can see why this will help you profit in this recent article we produced.
 
As we explained, there currently are several opportunities emerging due to these obstacles.  Fortunes are made when everyone is afraid, distracted, or slow to act.  Companies which are highly oversold, and have solid financial positions, are the types of penny stocks that will pay.  These are the penny stock picks we've been making, and the next one comes out in just a few days.
 

Get Our Best Low-Priced Investments

  • don't have the time?
  • can't do all the work required?
  • want selections from the authority?

For only $199 per year, we give you our best high-quality, low-priced stock picks. Along with a full team, Peter Leeds is the widely recognized authority on small stocks. Start making money from penny stocks right away.