The S&P 500 was roughly 23% lower from the highs. The Federal Reserve’s rate-hiking campaign was in full swing, with big raises every single meeting. And mega-cap tech stocks like NVIDIA, Meta Platforms, Apple, Google, Netflix, and many more were bleeding out.
So what did Andy Swan of Derby City Insights do? Recommend every single one of them at the depths of the bleeding.
And now, one year later in the wake of the A.I. boom, he just recommended taking profits on those positions – 100% average gains on each one.
But Andy says investor sentiment is not what drove him to buy these stocks. Instead, it was a novel use of social media activity that told him all of them were screaming buys.
In this, the first-ever video edition of our weekly Profit Column, we’ll explore what led Andy to recommend these stocks… and where he’s looking for the bulk of A.I.-hungry capital to drive next.
Just click here or the image below to watch my full interview with Andy Swan (and see your editor in the flesh for the very first time)…
If you’re interested in following Andy’s MegaTrends advisory, and using their proprietary Social Heat Score to uncover opportunities flying under Wall Street’s radar, go here to get the full story.
Andy tells me he has a huge slew of small-cap picks lined up for 2024, each with explosive profit potential. With our recent research showing small-cap stocks are set to shine next year, you’ll want to be prepared with the best picks on his watchlist.
To learn how you can become a MegaTrends subscriber and see the Social Heat Score in action, click here.
To your health and wealth,
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Editor, TradeSmith Daily
