GBA Presents: THE GREEN MARKET

OK BIG F*ING NEWS MY KID GOT INTO UNIVERSITY OF RHODE ISLAND AND offered $48,000 scholarship for having such a good entry!!!! Presidential scholarship!!!! Oh baby-- Rhode Island...

I gotta convince him>>>its closer than Charleston you can drive there....

 

MOOD LIFTER-!

 

We are in a Bear Market. I suddenly realized this. Someone like Van doesn't go 0-11 in one post and it NOT be a Bear Market....

Next week " Bear Market Rally! "

 

well, you see.... what had happened was............

 

As opposed to 40 separate posts/day about stocks that are all down well over 50%?

 

At least Twilio bounced.

 

Good job Stoney. And Mrs Stoney.

 

I am off to Ct today Finally it has been so long. Since Christmas I think. The weather has been terrible icy but today we make the trip. I hope that house is ok. Don't love making these one in a while visits a lot of stuff can go wrong or have gone wrong in your absence. Going to stay a few days and will chime in from up there.- ~stoney

 

My little area of Ct is so strange weather wise. It was sunny in NYC when we left and not a spot of snow the whole way up until the very last turn and then of course driving snowstorm.

Check this out--

BofA screens for quality small cap stocks ahead of Fed rate hikes and ends up agreeing with GBA.
Feb. 19, 2022 11:07 AM ETRussell 2000 Index (RTY), IWF, IWD, FNKOXLY, SONO, GPI, ABG, ASO, CHK, XLE, CRC, ALEC, XLV, THC, ARCB, XLI, RUSHA, BCC, OI,
Bank of America analyst Jill Carey Hall highlighted 28 Buy-rated "quality" small cap stocks in the Russell 2000 index (RTY), with 20 of them on the "growth" benchmark.

"Quality is typically one of the most-rewarded styles during Late Cycle regimes/Fed hiking cycles, the Russell 2000 Growth has become lower quality than ever (45% non-earners)," the analyst wrote in a note to clients last week. Meanwhile, Russell 2000 growth stocks (NYSEARCA:IWF) now look "historically cheap" when compared with Russell 2000 value (NYSEARCA:IWD), the analyst highlighted. Year-to-date, IWF falls nearly 13% and IWD is down almost 4%, according to the chart here.

Overall, BofA screened Russell 2000 stocks for high quality, those in the top quintile on at least one of the cyclical growth factors that fare well in the late cycle, top quintile by operating margin or margin expansion Y/Y, and is Buy-rated by a BofA fundamental analyst.

BofA's ideas for Russell 2000 stocks that rank in the top quintile on free cash flow-based value metrics include:

1. Funko (NASDAQ:FNKO). Consumer Discretionary (NYSEARCA:XLY). Growth.
   
2. Sonos (NASDAQ:SONO). Consumer Discretionary (XLY). Growth.
   
3. Group 1 Automotive (NYSE:GPI). Consumer Discretionary (XLY). Value.
4. Asbury Automotive Group (NYSE:ABG). Consumer Discretionary (XLY). Growth.
5. Academy Sports and Outdoors (NASDAQ:ASO). Consumer Discretionary (XLY). Value.
6. Chesapeake Energy (NASDAQ:CHK). Energy (NYSEARCA:XLE). Growth + value.
7. California Resources (NYSE:CRC). Energy (XLE). Value.
8. Alector (NASDAQ:ALEC). Health Care (NYSEARCA:XLV). Growth.
9. Tenet Healthcare (NYSE:THC) Health Care (XLV). Growth + value.
10. ArcBest Corp (NASDAQ:ARCB). Industrials (NYSEARCA:XLI). Value.
11. Rush Enterprises (NASDAQ:RUSHA). Industrials (XLI). Value.
12. Boise Cascade (NYSE:BCC). Industrials. Growth + value.
13. O-I Glass (NYSE:OI). Materials (NYSEARCA:XLB). Growth.

Furthermore, BofA found that both value and quality factor styles were the most alpha-generative during prior Fed hiking cycles since 1989, while "risk" was the worst performing style. The performances were based on median long-short annualized price performance of each factor group.

You can see I have the right names BUY ALL