"Black Budget" Buying Could Kick off New Bull Market (and Soon!)
A few years ago back in September 2017, I was sitting at the bar of the beautiful Sagamore Pendry Hotel in Baltimore, Maryland. Little did I know, over the course of the next hour I would become privy to information that would change people’s lives!
The day started like every other weekday. I woke up early and hit the gym, was at the office of a local financial publisher I was working for at the time by 8 a.m., and then spent the next 10 hours doing all types of market research.
I forget what day of the week it was exactly, but being a lovely fall day, a few co-workers and I decided a nice craft cocktail along the waterfront at a boutique hotel bar would be a perfect way to wrap things up.
At the time, the Pendry was THE place to be if you wanted to get a little taste of the high life here in the gritty city of Baltimore. It still is today. But back then, when the owner and founder of Under Armour (NYSE: UA), Kevin Plank, first opened the hotel, there was a real buzz about the place. It was often frequented by world-class athletes visiting Under Armour headquarters, which was a short water taxi ride away across Baltimore's Inner Harbor.
The Pendry’s cocktail lounge was also a favorite watering hole for C-suite executives and midlevel brass who worked at Under Armour, and this is where the story gets really interesting.
Insider Signals Can Make or Break a Portfolio (If You Ignore Them)
I don’t remember how we started chatting, but before I knew it a slightly sauced executive from UA was spilling his guts to me about the company’s extreme inventory issues. In short, the company had gotten well over its skis on production and was sitting on tons of inventory it couldn’t move. In fact, he told me the company was also likely to start getting killed on its margins as it offloaded its inventory to discount retailers like Kohl's and Walmart.
This was a big deal. The stock had been a Wall Street darling for the past few years, but the inside information I had just received suggested that a significant change for the company and its stock was coming. Admittedly, there were signs of stress and the stock was under pressure, but no one knew how bad things had gotten at UA. Except me and the C-suite.
Soon after this chance meeting, I wrote a note to my followers at the time telling them to sell their UA positions and that the company was worth shorting given its inability to move product and suffering margins.
My prediction became reality on October 31, 2017. The company reported terrible earnings marked by low demand and huge unsold inventories. In a single day, the stock lost over 26% of its value.
We were able to avoid a disaster in UA thanks to insider information. But this actually wasn’t as serendipitous an event as you might think.
My colleagues and I work really hard to get this inside information to benefit you and your portfolios.
Here’s a more recent example...
Last year my colleague and market insider Jason Simpkins was tipped off to a big uptick in insider buying before Wall Street got a whiff of what was going on. While talking heads focused on inflation and the surge in oil, uranium prices were also surging. The problem was only a few people, like Jason and his followers, saw this action ahead of time.
Taking advantage of this little-known insider info only he had, he and his readers leveraged it into two trades last year, on Uranium Energy Corp. (NYSE: UEC) and Skyharbour Resources (OTC: SYHBF).
Jason and his readers made their move on these stocks in November 2020. And less than a year later, they cashed out for 258% and 311% in gains, respectively!
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Now We Have New Inside Info From Another Surging Sector
It’s no secret that the current Russia-Ukraine conflict has the world on edge.
Many are suggesting a news arms race is underway and there’s strong evidence to support that, including Poland’s recent purchase of brand-new F-35 fighter jets among other recent large arms purchases.
But did you know that regardless of whether there’s a hot conflict or not, every year the United States government spends more than $80 billion on a set of clandestine military programs collectively called the "Black Budget"?
[Editor’s note: Watch the Full Report by Clicking the Image Below]
The details of these "Black Budget" programs are revealed only to a select group of insiders. They remain invisible to the public and even to our elected officials. Yet the technology that emerges from them often revolutionizes the world and, in the process, makes a select group of insiders incredibly wealthy.
One of the most incredible versions of this "Black Budget" transition is the internet, which was a DARPA secret project in 1969 when first invented. Now it’s the backbone of modern society.
Unfortunately, for decades these opportunities have remained out of reach for average investors. But that’s all about to change, because investing legend and D.C. insider Jason Simpkins just pulled back the curtain on these secretive "Black Budget" programs to show you how this kind of clandestine information could turn small investments into fortunes!
To your wealth, Sean McCloskey After spending 10 years in the consumer tech reporting and educational publishing industries, Sean has since redevoted himself to one of his original passions: identifying and cashing in on the most lucrative opportunities the market has to offer. As the former managing editor of multiple investment newsletters, he's covered virtually every sector of the market, ranging from energy and tech to gold and cannabis. Over the years, Sean has offered his followers the chance to score numerous triple-digit gains, and today he continues his mission to deliver followers the best chance to score big wins on Wall Street and beyond as an editor for Energy and Capital.
Editor, Energy and Capital
To your wealth,
After spending 10 years in the consumer tech reporting and educational publishing industries, Sean has since redevoted himself to one of his original passions: identifying and cashing in on the most lucrative opportunities the market has to offer. As the former managing editor of multiple investment newsletters, he's covered virtually every sector of the market, ranging from energy and tech to gold and cannabis. Over the years, Sean has offered his followers the chance to score numerous triple-digit gains, and today he continues his mission to deliver followers the best chance to score big wins on Wall Street and beyond as an editor for Energy and Capital.
Energy Demand will Increase 58% Over the Next 25 Years
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