Thank you for your work.
If you had to describe the current market direction (up, down, sideways, don't know) how would you describe it?
Would you suggest 5 highish likelihood stocks ready for a bit of a rebound within the next few weeks/months?
Suggestion: We learn from our mistakes. Is there any chance you could have a page that notes all of 5i's misses (along with the explanation)?
I have been getting some bullish scuttlebutt on CIX. Would you give me your opinion on CIX's future...and likelihood it will get to $30?
The market is in a 'drift down' phase, as higher oil prices and more concern on 'higher for longer' interest rates take hold. Not a panic, just a concern that we are not out of the woods yet. But corporate profits are holding up very nicely, and central banks do seem to be getting inflation under control. The timeframe noted in the question is a bit too short to have any confidence; we would prefer a longer time frame for equities. But five we currently like are: LMN, TFII, BN, ATD, EQB. The 'mistakes' idea would be a good blog topic and we will see what we can do. We certainly have a few to choose from. But in any portfolio approach there will be some losers. The math works well though when you have some big winners, as long as you don't double down on the losers.