Mike Akins wants you to buy the stocks that got their asses kicked while everyone else made money on AI. This is the investment equivalent of telling someone at a buffet to skip the prime rib and load up on the room-temperature potato salad because it's been sitting there a while and deserves a chance.
The pitch goes like this: These underperformers will suddenly become overperformers in the next six months. Not seven months. Not five months. Six. Akins has apparently discovered the exact inflection point where bad becomes good, which is impressive considering most technical analysts can't predict what they're having for lunch.
Rotate into weakness. That's the strategy. Sell the thing that went up and buy the thing that went down because—and here's where it gets technical—maybe it'll go up later. This is the same logic your uncle used when he bought a timeshare in Orlando. It was such a good deal. Everyone else was leaving. That's how you know it's smart.
The AI stocks ran. These other stocks didn't. Akins sees this gap and thinks opportunity. I see this gap and think maybe one group had earnings and the other group had excuses. But what do I know. I just look at charts. Akins looks at charts and also has the confidence to tell other people what to do with their money on television.
Six months. Circle it on your calendar. Set a reminder. Write it on your hand. Because if these trades don't work out in exactly six months, you can't blame Akins. You can only blame yourself for not understanding that six months was an estimate, a vibe, a general suggestion whispered into the void by a man whose compensation structure does not depend on you making money.
ETF Action sounds like a show where people get hurt doing stunts, and frankly that's more accurate than anyone intended.
Photo by Maxim Hopman on Unsplash
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