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<h3 id="block-2a0389d3-07ed-4326-ae70-7e8af4cc1555">Committed to helping investors increase profits and reduce risk</h3>
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<p id="block-a79171ef-ae48-4540-b897-1f44c5f746f6">Dedicated to bringing sophisticated analysis of the stock market to the average investor, InvesTech Research began national circulation of its market letter in December 1982. Today, InvesTech's monthly publication, InvesTech Research newsletter, has earned widespread recognition for its time-proven risk allocation strategy, as well as in-depth analysis of the Federal Reserve. From its unique blending of monetary and technical analysis to sector and asset allocation recommendations, InvesTech presents unhedged advice and a valuable perspective.</p>
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<h3 id="block-9c5163c4-ae47-4ced-bb6d-e3c0723de4c4">Insights that stand the test of time</h3>
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<p id="block-035e23df-9b37-4234-9ea2-a352d4a589f4">InvesTech maintains over 120 years of financial and historical market data. InvesTech has proven to be remarkably accurate at predicting market risk and advising subscribers when to be most bullish and when to be more cautious.</p>
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<h3 id="block-f1a5af4b-99b3-4966-89d3-8675826dc1b2">Your guide to “Safety First” Profits</h3>
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<p id="block-a099760f-227e-48ff-8c9b-78ffc84498ee">InvesTech earned widespread recognition as one of only a handful of advisory services to warn of imminent danger prior to Black Monday on October 19, 1987. In 1991 InvesTech published its <em>"TORO… TORO…"</em> issue, just<strong> 10 days before</strong> the January stock market blast-off. And during the late 1990s, InvesTech consistently cautioned investors about the dangers of the speculative bubble gripping Wall Street. InvesTech’s <strong>safety-first investment philosophy</strong> led investors safely through the bear market of 2000-02, plus limited losses to half of the market in the 2007-2009 decline. In March 2009, just 4 days after the bear market bottom, InvesTech boldly advised investors that they were <em>“heading toward a buying opportunity of a lifetime!”</em></p>
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<p id="block-c0959c25-bd3c-43ce-81dc-d2c6323625ca">This distinctive approach to market analysis has led to InvesTech's being frequently quoted in Barron's, Business Week, Forbes, Money Magazine, Worth, U.S. News &amp; World Report, USA Today, and The Wall Street Journal. In 1996 Mark Hulbert (editor of the Hulbert Financial Digest) recognized InvesTech "as one of only 6 newsletters that have beaten the market on a risk-adjusted basis since inception over 10 years ago." More importantly, InvesTech's historical performance has been described by Forbes as "more or less impervious to declines."</p>
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<h2 class="has-text-align-center has-medium-font-size">InvesTech Research is regularly featured in major financial publications:</h2>
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<div class="wp-block-button"><a class="wp-block-button__link" href="https://ns2020-investech.investech.com/in-the-news/">Find us In the News</a></div>
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<p class="red-caps growth icon"><strong>From the Desk of Jim Stack</strong></p>
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<h2 id="Philosophy">A Philosophy Based on Experience</h2>
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<div class="wp-block-image push-left"><figure class="alignleft size-large is-resized"><img src="https://ns2020-investech.investech.com/wp-content/uploads/2021/07/JBS-new-web.jpg" alt="" class="wp-image-9139" width="336" height="507"/><figcaption><strong>James Stack</strong><br>Founder and President, InvesTech Research</figcaption></figure></div>
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<p class="has-text-align-left">Over the years, at least three doctrines have influenced and created my personal investment philosophy. These carry a heavy weight in all my investment decisions.</p>
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<h4 class="unclear">My indoctrination into the stock market, or "baptism by fire" as I remember it:</h4>
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<p>It came during 1973-74 as I watched my own portfolio lose over 50%, the Nasdaq Index lose 60%, and even the stock of my bluest-of-blue chip employer (IBM) drop 58%. I also remember the despair as retirees were forced to cancel or reverse their retirement plans simply because their portfolios had lost too much. I have unending respect for those little "blips" on historical wall charts. They represent real bear markets, with big losses. And believe me, they're a lot tougher to recoup than the stories portrayed by mutual funds and the media.</p>
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<h4 class="unclear">1. Educational and professional background based on logic and reason</h4>
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<p>With an engineering degree and experience as a Project Manager with IBM Research, my approach to the markets could only be analytical, rather than emotional. That can be a valuable asset in an aging bull market fueled by greed and emotion… or in a bear market seized by panic.</p>
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<h4>2. Historical knowledge founded on years of research</h4>
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<p>I know from research that the "correct" decisions on Wall Street invariably require you to move against the crowd… and at times, against every emotional fiber in your body. It was this historical tempering that permitted InvesTech to identify the start of the huge 1991-2000 bull market (our issue titled <em>"TORO! TORO!"</em> was published on January 4, 1991), and propelled us to advise subscribers in March 2009, just 4 days after the bear market bottom, that they were "heading toward a buying opportunity of a lifetime." Conversely, it is that same tempering that forced us to step aside early, and avoid the Wall Street bubble as it popped in March 2000… devastating the average investor.</p>
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<h4>3. Our consideration and respect for our subscribers</h4>
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<p>Surveys show the median age of our subscriber base is 57 years. That means most are in, or within a dozen years of, retirement. It's not enough to ride a major bear down with 45% losses, and feel "good" because market indexes lost 50% or more. In that respect, we are not part of the Wall Street crowd or consensus.</p>
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<p>Our goal is not merely to maximize return, but to maximize risk-adjusted-return... or provide the best possible gains for the amount of market risk taken. Our long-term track record, especially during the 1987 Crash, and 2000-02 and 2007-09 Bear Markets, has proven an ability to do just that.</p>
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<p>In our ongoing commitment to our subscribers, the staff at InvesTech Research is consistently looking for new tools and models to measure risk and determine when to be an aggressive investor in the stock market. We will always try to improve our investment returns. However, you will never see us sacrifice our objective, safety-first strategy for the sake of a quick profit or the comfort of merely being a part of the crowd.</p>
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<p>Sincerely,</p>
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<p>James B. Stack<br>President</p>
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<h2>Meet the InvesTech Research Team</h2>
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<h3>James Stack</h3>
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<p><strong>President</strong></p>
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<p>Jim Stack is founder and president of InvesTech Research. Jim is dedicated to helping investors develop an objective, safety-first investment strategy focused on risk management which he provides through his research and writing of the <em>InvesTech Research</em> newsletter.</p>
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<h3>Eli Petropoulos</h3>
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<p><strong>Senior Market Analyst</strong></p>
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<p>Eli Petropoulos drives idea generation and newsletter content as well as writing for each InvesTech publication. In addition, he is critical to analyzing, maintaining, and interpreting InvesTech’s private financial database and its proprietary indicators.</p>
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<h3>Christina Maloney</h3>
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<p><strong>Director of Research Services</strong></p>
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<p>Christina Maloney facilitates and supports daily operations from initial planning to the digital &amp; print publishing stages of the service. She is also highly involved in the newsletter design and website development for the firm.</p>
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<h3>Bailey Gage</h3>
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<p><strong>Subscription Manager</strong></p>
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<p>Bailey Gage provides the highest level of customer service to InvesTech subscribers with accurate subscription processing and detailed account maintenance. She is also a key participant in research and graphic creation for our publications and marketing materials.</p>
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<div class="wp-block-media-text alignwide is-stacked-on-mobile bio-card"><figure class="wp-block-media-text__media"><img src="https://ns2020-investech.investech.com/wp-content/uploads/2020/07/LAS-1-732x1024.jpg" alt="Lisa Stack, CFO, InvesTech Research" class="wp-image-1747 size-large"/></figure><div class="wp-block-media-text__content"><!-- wp:heading {"level":3} -->
<h3>Lisa Stack</h3>
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<p><strong>Chief Financial Officer</strong></p>
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<p>Lisa Stack participated in growing InvesTech Research in its early years. She is now integral to its financial operations and strategic planning as well as providing leadership to the company’s ongoing vision.</p>
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<h2>Career Opportunities at InvesTech Research</h2>
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<p class="has-normal-font-size">Located far from Wall Street in scenic Whitefish, Montana, InvesTech publishes the&nbsp;<em>InvesTech Research</em>&nbsp;newsletter, which has earned widespread recognition for its time-proven risk allocation strategy. The InvesTech Research team is comprised of professionals who thrive in a high-energy, fast-paced culture of excellence and teamwork.</p>
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<h3>Senior Market Analyst</h3>
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<p>We are currently offering a challenging and rewarding career opportunity for the right professional to join our team as a Senior Market Strategist.</p>
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<p><strong>Responsibilities Include:</strong></p>
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<ul><li>Write compelling content that can be leveraged across a variety of media for our subscribers</li><li>Ensure consistency with firm's voice, key messages, and editorial style across all communication channels</li><li>Participate in business development, firm presentations, webcasts, and special events</li><li>Monitor and analyze economic releases and other market data</li><li>Contribute to team decisions on portfolio strategy involving equity market research</li><li>Assist in research, analysis, and development of proprietary indicators</li></ul>
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<p><strong>Qualifications:</strong></p>
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<ul><li>8+ years of experience in the financial industry with a focus on risk management philosophy</li><li>Possess a proven understanding of and passion for financial markets, economics, and monetary policy</li><li>Exceptional written and oral communication skills</li><li>Bachelors degree in Business, Finance, Economics, or related field</li><li>Chartered Financial Analyst (CFA) or Chartered Market Technician (CMT) designation preferred</li></ul>
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<h3>Why Whitefish?</h3>
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<p>Living and working in Whitefish is a fantastic opportunity for anyone who loves nature and the outdoors. Our office is located near Big Mountain and Whitefish Mountain Resort, and is just 40 minutes from Glacier National Park. Take a look at what Whitefish living has to offer:</p>
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<h2>Career Opportunities with Stack Financial Management</h2>
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<p>Please take a moment to explore opportunities with our sister company Stack Financial Management. SFM is separate and independent of InvesTech Research, yet employs the same safety-first philosophy and technical approach first used by InvesTech Research.</p>
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<p class="topic-title">InvesTech Indicators</p>
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<h2>Follow InvesTech's Indicators on a daily basis – easily explained for both seasoned professionals and non-technical investors.</h2>
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<p>InvesTech utilizes a wide range of indicators to gain insight into the monetary and economic environments, as well as technical factors such as breadth, leadership, momentum, and sentiment. These indicators are useful for determining the amount of potential risk and reward in the market, as well as the likelihood of a bear market rearing its ugly head in the near future.</p>
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<p class="topic-title">MARKET INSIGHTS</p>
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<h2>Stay up-to-date on recent data releases, how you should be investing, and what you should be watching for going forward.</h2>
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<p>InvesTech's Market Insights will keep you current on the most recent data releases, new research we have performed, and how this information affects your investing.</p>
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<p class="topic-title">Model Fund Portfolio</p>
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<h2>Align your investments to our Model Fund Portfolio.</h2>
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<p>The InvesTech Model Fund Portfolio is designed for individual investors who want to follow our allocation and sector recommendations for the equity portion of their portfolio. Subscribers who follow the Model Fund Portfolio can track the trades we’re making in real-time as we implement our “safety-first” strategy.</p>
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<h2><strong><em>Kiplinger's Personal Financial</em></strong> magazine named InvesTech Research the "Best Stock Market Letter" available to investors</h2>
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