Did you hear that Roar?

Prospero.Ai 5/13/24 Trading Letter

Well Roaring Kitty decided memestocks were back on the menu and boy did everyone follow. This is a bit of a savvier audience than my investing letter but I still think this disclaimer on meme stocks is important:

Memes are dangerous, much like 0 day options because robots are FAR better positioned to know when to get in and out for two big reasons.

1. They are analyzing WAY more price and market data than you can fathom and get better execution

2. They can read all social media data at the same time and you cannot (if you can then that’s good lol)

In this letter

1. Market Update

2. Sector Update

3. Market Cap and Value/Growth Performance Update

4. Portfolio Moves

5. Best Screener

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Market Update