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No Excuses!

Tim Fortier

You don't have a return problem. You have a risk control problem. Rules-based market intelligence for investors who can't afford another 2022. Market internals, Smart Money signals, and systematic models to keep you on the right side of the market.

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Substack
PricingFreemiumPublishesDaily
Issues171Founded6 years agoLast Issue5 days ago
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Latest Issues

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Back on January 20, 2026, the Smart Money Portfolio added shares of Ekso Bionics Holdings (EKSO) at $8.85 per share. The thesis was straightforward: a small-cap medical robotics company with real product revenue and an identifiable market....

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NVCT: Taking Half Off the Table

The rules said buy. The rules now say trim. Here's what the charts are telling us next.

Nuvectis Pharma (NVCT) was added to the model on January 5 at $8.50 and again on January 26 at $8.55, both entries timed to a weekly chart that was car...

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How to Build a Cornerstone Value Universe (And Why the Screen Is Only Half the Work)

More upside to come from value stocks, or just cheap stocks getting cheaper?

That is the question serious investors face every time a screen spits out a list of low P/S names with solid dividends. The screen is repeatable. The discipline r...

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What Works on Wall Street

By 1996, I had seen enough market cycles to know what I didn't know - and I was in the middle of building a system to fix that. I was piecing together what worked, discarding what didn't, and trying to find a framework that held up under pr...

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  • Tim Fortier

    Portfolio manager and model developer w 30+ years of investment industry experience specializing in systematic and absolute return style portfolio strategies. I write weekly for various publications reaching an audience of over +65k investors.

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