Market and Prospero Portfolio Update
8/16/23 - Prospero.Ai Premium Watchlist and Trading Tips
Happy Wednesday! This will be our first every almost entirely free paid trading letter to introduce people to what it is.
Covered in this letter:
Higher frequency QQQ and SPY Net Options Sentiment / Market Update we accidentally double posted SPY in the other letter this has the real QQQ
Net Options and Social Sentiment Movers
Model portfolio update
Advanced trading recommendation
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Market and Prospero Portfolio Update
Market Risk Update: QQQ: 3.25 (out of 10) SPY: 4 (out of 10)
If you are 100% long in this market we would suggest suggest 20% of your portfolio to be in SQQQ to hedge what we would call significant downside risk.
If you can’t read the below picture, this link has the same information. *Tickers on the watchlist are not recommended unless highlighted
We love APT as a new Bear, consider us entering it as of the sending of this letter for our Model Portfolio. (63% win rate on 110 trades)
If you can’t read the below picture, this link has the same information. *Tickers on the watchlist are not recommended unless highlighted
Entering WIRE as a Bull as I like the strong profitability along with fast climbing Net Social and good Net Options Sentiment.
Entering MMM as a Bear as I’ve been watching it for a bit and the declining Net Social Sentiment and low Net Options Sentiment make it an attractive entry.