Louis Basenese helped direct over $1 billion in institutional capital at Morgan Stanley before leaving Wall Street for Silicon Valley. Now, as the world’s premier venture capital analyst, Louis tracks early investment opportunities born from technological breakthroughs and new drug discoveries. His deep expertise of patents, buyouts, takeovers, mergers & acquisitions, Reg-D offerings, and crowdfunding has given Louis genuine star power on frontline media outlets like CNBC. Louis serves as the Investment Director for his wildly popular publications True Alpha, Extreme Alpha, and VentureCap Strategist.
Analysts project the biggest earnings growth for the S&P 500 since 2011 this quarter. But retail companies are bracing for pain. You see, while Amazon has soared, brick-and-mortar shops have been dying a slow death. And Target is the next victim.
Today in Friday Charts, we’re going to start with the ugliest, most depressing earnings trend in existence. Then it’s time to pivot to an opportunity hiding in a shiny, contrarian wrapper. It’s almost like a tax-day gift!