The rebound in markets helped the Bottom Fishing for Value strategy return an ROI of around 350 percent. The strategy, which has 610 subscribers, saw every buy idea published during the week in the green. Some of the best picks included:

• Ambarella (AMBA)  
• ARM Holdings (ARMH) 
• CAE Inc. (CAE), a Canadian firm
• Lion’s Gate Film (LGF)

Unsurprisingly, Potash (POT) and Vmware (VMW) are bearish ideas and were down.

The Micro-Cap Value Stock Strategy was hurt as bearish ideas underperformed when markets bounced higher. Glu Mobile (GLUU) rebounded to the $3 level. The firm has yet to prove its new games featuring singers will do well.  

Investors should continue to exercise caution. The 2016 year started on a bearish tone, with stocks falling due to negative sentiment. Companies reporting poor results fell, naturally, but may have limited gains. I continue to search for deeply discounted stocks whose intrinsic value is higher than the stock price. This is less of a challenge, thanks to the drop, but there is no rush joining the stock market’s rally.