On September 11, 2018, an interview of Michael Markowski, the founder of BullsNBears.com was taped for the Fox Business channel.
In his interview Mr. Markowski, who had predicted the demise of Lehman Brothers in a September 2007 magazine column, predicted that a crash of the US stock market would soon occur and named the six technology stocks that would cause of the crash.
During his interview Mr. Markowski accurately named Microsoft and Google/Alphabet as the two of the six technology stocks having the least risk. He also named Amazon, Netflix and Apple as having the most risk.
The table below contains the performance statistics of the six FANGAM stocks for the 12 months which began on September 11, 2018 and ended on September 10, 2019. The three technology stocks which Mr. Markowski had named as having the most risk were the worst performers.
Press releases related to Markowski’s 2018 crash predictions:
- Post-Crash Interview of Analyst who Predicted FANG Led Stock Crash Airs on National Television, October 26, 2018
- Visionary Market Analyst Michael Markowski Predicted the Third-Largest Drop in Dow’s History, October 17, 2018
Click here for all of Mr. Markowski’s career highlights.