Joseph Parnes founded Technomart Investment Advisors in 1979. He is President of the firm, directing all research, analysis and corporate strategy. As a result, Technomart Investment Advisors is currently recognized as one of the top investment advisories in the United States. Mr. Parnes is responsible for supplying the firm’s private and institutional clients with actionable investment advice. He has experience across a broad array of industries, with a special focus on growth companies and on short selling strategies. He is also Executive Editor of the Shortex Market Letter, a tri-weekly publication providing specific market insight and recommendations on seven long and seven short positions.
Mr. Parnes has been featured regularly in Barron’s including the October 27th Money Poll edition article “Bye-Bye, Bull?” and September 12th, 2005, feature article “And, Now, a Word from the Dark Side,”. He has also been routinely written about in Forbes, and Investors’ Business Daily, and The Wall Street Transcript. He is a well-respected opinion-leader in the investment community, providing a consistently contrarian and confident voice. His investment predictions are showcased in a broad array of media, including Bloomberg TV, CNBC, and The Nightly Business Report. Mr. Parnes consistently selects issues that are technically ripe and marked by fundamental characteristics that indicate movement. He selects momentum issues for long positions while citing issues with expected deteriorating fundamental status for short positions. His consistent discipline, market timing and expertise in accurate forecasting have resulted in above-average returns for subscribers and portfolio management clients. He is well known for his contrarian views and tenacity within the investment community. Mr. Parnes holds a BS in Engineering from University of Louisiana at Lafayette, a PhD in Economics from the Society Francaise des etudes Parapsi Cologiques Paris, France.