Carson Block on Tesla and INK Research downgrades the US market

Based on INK Research sentiment indicator changes, this morning we downgraded the US market to overvalued. While a bounce could take place should coronavirus disease (COVID-19) worries subside, we believe it would be a mistake to aggressively add to certain positions that worked in the past. There is one big name that we believe investors should avoid right now based on our signals.

The name and our rationale for the US market downgrade are in our latest US Market report.

Insider Tracking Ultra members can read our reoprt at our sister website Insider Tracking. If you are not an Ultra member, you can join for only US$9.99 per month (plus tax). This is a month-to-month plan. You can cancel easily anytime from your Account Settings page and your subscription renewal will stop.

There are two other major benefits with an Ultra membership. First, you also get access to our Canadian morning report via INK Ultra Money. Every trading day, we publish a video summary of our daily stock feature where you can also access the PDF version of our morning report. Today, we highlighted a gold miner and suggested that despite recent insider buying, it was too early to jump back in.

The INK morning report is an established source of opportunity in the Canadian market. We have been publishing it since 2004 and it continues to deliver wins for our subscribers. For example, since June of last year, some notable wins include three gold miners (from date mentioned to Feb 25, 2020):

Second, and best of all, an Ultra subscription provides access to Real Vision on-demand videos. These premium Real Vision videos give you access to some of the brightest minds in finance. As we move through the US election year, Real Vision insight will be a go-to source for insider opinions and insight into what will matter and what will not in 2020.

The goal of Real Vision is to help you stay ahead of the curve with coverage of all asset classes and financial topics. Real Vision sets out to achieve this by providing access to some of the greatest investors in the world - people such as Kyle Bass, Jeff Gundlach, Rick Rule, and Jim Rogers to name a few.

Carson Block talks Tesla

In fact, today they have a fantastic interview with short-seller Carson Block who reveals how he goes about targeting companies to place short bets on. He also gives us his take on Tesla.

Of course, as an Advantage Ultra member, you will have the ability to put up to 100 North American stocks on your watch list and be alerted if there is any insider trading in the stock. During periods of market volatility, I think you will agree with me that it is always a good idea to see if insiders are buying or selling the stocks that you own.

Get started today with the Insider Tracking Ultra Advantage. If you already have an Insider Tracking account, just sign and and upgrade from your account settings. If you are not an Insider Tracking member, subscribe here. Of course, Canadian Insider Club Ultra members also have automatic access to the Block interview.