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Yesterday, I recommended SPDR Energy Select Sector ETF (NYSE Arca: XLE) shares as one of the "Best in Breed," a screaming buy according to my proprietary system.
My "black box" scans thousands of exchange-traded funds (ETFs) and all the activity and various technical indicators of each of the constituent companies within the fund. It would take a human thousands of hours to pore over all the data - if they didn't go crazy first. Fortunately, I love data, and my system does all the heavy lifting for me, anyway.
The bottom line is, my Best in Breed pick is set to deliver a 12% gain in short order, and the trade I set up on it should double your money in a month or so if you're playing along. (There's still plenty of time to get in on the action if you missed my alert yesterday, too.)
I love finding real outperformance, as you can see. And I've got another opportunity all lined up for us now.
Let's take a look...
About the Author
Chris Johnson is a highly regarded equity and options analyst who has spent much of his nearly 30-year market career designing and interpreting complex models to help investment firms transform millions of data points into impressive gains for clients.
At heart Chris is a quant - like the "rocket scientists" of investing - with a specialty in applying advanced mathematics like stochastic calculus, linear algebra, differential equations, and statistics to Wall Street's data-rich environment.
He began building his proprietary models in 1998, analyzing about 2,000 records per day. Today, that database, which Chris designed and coded from scratch, analyzes a staggering 700,000 records per day. It's the secret behind his track record.
Chris holds degrees in finance, statistics, and accounting. He worked as a licensed broker for 11 years before taking on the role of Director of Quantitative Analysis at a big-name equity and options research firm for eight years. He recently served as Director of Research of a Cleveland-based investment firm responsible for hundreds of millions in AUM. He is also the Founder/CIO of ETF Advisory Research Partners since 2007, noted for its groundbreaking work in Behavioral Valuation systems. Their research is widely read by leaders in the RIA business.
Chris is ranked in the top 99.3% of financial bloggers and top 98.6% of overall experts by TipRanks, the track record registry of financial analysts dating back to January 2009.
He is a frequent commentator on financial markets for CNBC, Fox, Bloomberg TV, and CBS Radio and has been featured in Barron's, USA Today, Newsweek, and The Wall Street Journal, and numerous books.
Today, Chris is the editor of Night Trader and Penny Hawk. He also contributes to Money Morning as the Quant Analysis Specialist.
