Welcome to my review of Lou Basenese’s Digital Fortunes.
I discovered this service on the Trend Trader Daily website while looking into a recent presentation by Lou Basenese about a “secret $15 company” he’s recommending.
The presentation prompted me to join his Digital Fortunes service, so I decided to see what I could learn about it before joining. In this review, I’ll share with you what I found.
What Is Lou Basenese’s Digital Fortunes?
Digital Fortunes is a stock advisory service run by Lou Basenese that’s all about helping subscribers profit from the latest technology trends.
The service is mostly focused on technology and biotechnology trends. But Lou does track other trends if he believes they have the potential to be, as he puts it, “exciting and profitable.”
Some of the main trends he has his eye on right now include autonomous vehicles, artificial intelligence, biometric authentication, 5G, cannabis, and space-based internet tech.
Worth noting is that, during my research, I discovered that Digital Fortunes is actually a rebranded version of an existing service he runs called Trend Trader.
They appear to be the same service, but they have different names and are available on different sites. For example, one is listed on the Trend Trader Daily website, the other on Crowdability.
I’m not sure what the deal is here, but I did think this was worth mentioning since they both appear to be the same service.
In any case, the main idea of Lou Basenese’s Digital Fortunes is to help subscribers make money from emerging tech and biotech trends.
Each month, subscribers receive a new issue, which details the latest trend Lou is looking into and the company he thinks is best positioned to take advantage of it.
He then shares his recommendation with you so that you can decide if you want to invest in the stock he’s recommending using your own brokerage account.
As part of this, he breaks down the trend, the technology, and the full details on the company he’s recommending and why, including their stock symbol and at what price he recommends buying.
Basically, you get everything you need to take advantage of his recommendation.
Besides being part of an emerging trend, the companies he recommends with this service are typically mid-cap to large-cap stocks. This means they have a market capitalization of $2 billion or more, which (generally speaking) makes them less risky than small-cap or micro-cap stocks.
The larger the market cap, the more money is invested in the company and, therefore, the less volatile the stock tends to be. But large caps also tend to have less upside potential.
Lou Basenese does recommend smaller stocks as part of Digital Fortunes service. But he has chosen to focus on more established companies with this service because his strategy is more about helping you see 50% to 100% plus returns with lower risk.
Which is kind of similar to what Ian King does with Strategic Fortunes.
How has it been performing?
As far as I know, Digital Fortunes hasn’t been around for very long. But according to Lou Basenese, he has recommended many triple-digit stock plays.
Here are the stocks Lou says he has recommended:
- 343% in Organovo Holdings
- 358% in Apple
- 972% in Tesla
- 749% in Energous Corp
- 163% in Acme Packet
- 1,223% in OptionXpress
- 163% in Resonant
- 187% in Control4
He also lists the following stocks in his recent promotion of this service:
- 104% gains on GNMK (25 days)
- 118% gains on INO (4 weeks)
- 116% gains on VXRT (30 days)
- 109% gains on ARCT (one month)
- 122% gains on ALT (7 weeks)
- 100% gains on OPK (less than 8 weeks)
- 243% gains on APDN (45 Days)
Assuming what he’s saying is true, these are pretty decent recommendations.
Of course, his past performance doesn’t guarantee his future performance. So there’s no guarantee his recommendations will make you money.
And to get an accurate measure of the performance of his service, you really need the average of how all of his recommendations have been performing since the service began.
Because that would take into account both the winning and losing recommendations, not just the highlights above.
Nevertheless, as I’ll explain in the next section, he does seem to be a real investing expert with a good track record.
Who Is Louis Basenese?
Louis Basenese is a former Wall Street analyst, technology expert and manages multiple advisory services aimed at helping everyday people become better investors.
Digital Fortunes (AKA Trend Trader) is his entry-level service but he also runs higher-priced services, including Micro-cap Advantage, Biotech Breakout Alert, and Takeover Trader.
He also runs a free email newsletter called Trend Trader Daily, which, according to Lou, is about helping subscribers get on the “right side of the big, explosive trends that can impact your investments — and potentially change your fortunes and your life.”
Aside from his own services, Lou has also contributed to several well-known finance sites, including MarketWatch, Investing.com, and The Wall Street Journal. And he’s shared his tech investing insights on shows like Fox News and CNBC over the years.
All in all, Lou says he has spent over two decades analyzing emerging technologies and developing his own methodology to profit from this space consistently.
Early in his career, he worked as a consultant and analyst on Wall Street and helped direct over $1.5 billion for Morgan Stanley, which he says earned him the nickname “billion-dollar man.”
And he has either started or helped start two companies.
One is a financial publishing company he co-founded called Wall Street Daily. Which, according to Lou, at one point, had over 700,000 daily readers.
And the other is a company he founded in 2014 called Disruptive Tech Research, LLC, which provides investors with research on technology trends.
If you want to get a better idea of who Louis Basenese is and what sort of opportunities he looks for, you might find the following Youtube video helpful:
Recommended: Go here to see my #1 rated stock advisory of 2023
What Do You Get If You Join Digital Fortunes?
As a subscriber of Lou Basenese’s Digital Fortunes, the main thing you get access to is Lou’s stock picks and the details behind each of his recommendations.
The cost of joining the service is normally $299 for 12 months. Still, if you join through one of his promotions, like the one he’s currently running about satellite internet, then it’s $99.
Either way, this gives you access to 12 monthly issues.
Each issue contains Lou’s latest recommendation and a full breakdown as to why he’s recommending it. In addition, he walks you through the trend he’s following, the technology, the company he’s recommending, and details about the company’s management team.
Basically, everything you need to know to not only follow his recommendation but make a more informed decision about whether or not it’s right for you.
Once you get his recommendation, it’s then up to you to decide if you want to take action on it or not using your own trading account.
On top of this, you get regular updates and alerts to keep you informed about what’s happening with his recommendations and any changes he recommends.
And, if you join through one of his promotions, he typically offers you several bonus reports related to technology or biotech that detail specific stocks he’s interested in.
Is Lou Basenese’s Digital Fortunes Legit?
Lou Basenese’s Digital Fortunes is not a scam; it’s a real service run by a real investing professional with over 20 years of experience.
Also, according to Lou’s website, the service comes with a 30-day money-back guarantee. So if you sign up and don’t like it, you can request a full refund before the month is up.
So I don’t believe Digital Fortunes (or Trend Trader) is a scam.
That said, I do think some of Lou’s predictions are quite bold. So I personally would take some of what he says with a pinch of salt and not automatically jump into everything he recommends.
For example, in his most recent promotion about a “secret company,” which I just finished analyzing, he says you could 75X your money in the coming months.
Which I guess is possible, and he does say that’s not very likely, but I did think this was worth mentioning because some people might join expecting that’s what will happen.
It might, but there are no guarantees. You can just as easily lose money speculating in the stock market, especially when it comes to emerging tech companies.
He does typically recommend mid-cap companies, which may reduce some of the risks involved, so it’s not as speculative as some services I’ve reviewed, like Innovation Investor.
At the same time, however, most of his recommendations are based on emerging technologies, so it’s important to understand the risks before rushing in.
Lou Basenese’s Digital Fortunes (Trend Trader) is a stock advisory service aimed at helping you profit from emerging technology trends.
It costs $299 to join. As part of the service, you get access to monthly insights and stock recommendations that Lou says could help you make consistent double or triple-digit gains within a relatively short period of time.
Overall, I think it could be worth checking out if you’re interested in making money with emerging tech and biotech stocks in a lower-risk manner than betting on small caps.
And it’s quite an affordable service, too.
Just keep in mind that it’s not a way to get rich quickly, regardless of whether it be the recommendations in his special reports or the ones in the monthly issues.
Either way, thanks for reading; I hope you found this helpful. And if you’d like to share your experience with this service, feel free to chime in below.
2 thoughts on “Digital Fortunes Review (Legit Lou Basenese Service?)”
I would like to have the phone number to contact “Digital Fortunes” for a refundf. They ignored the amount of my fee requested from $99.00 to $149.00
crap…. dont these gurus know a rising tide lifts all boats?