It is a good question but drives at one of the challenges of investing. You are right in what you say. NOW was one of my favorite Bulls this week but as I had a Bearish overall market sentiment wouldn't it make sense that I / You would need to look for certain Bullish conditions to validate a Bullish recommendation?
The point of including it is to give people an option to say, "Hey you might disagree with me and are Bullish and if you are NOW would be my recommendation"
On a different note there is no black and white as a good investor only Grey. Even in Bull conditions a 41 QQQ Ne Options Sentiment is that much better than a 31. You might read a 25 QQQ Net Options Sentiment on NOW with a 95 Net Options Sentiment on the stock and a 80 Net Social Sentiment as most of the way to all the ideal conditions. But still not all the way there. And if it was below 20 the it would just seem to be too Bearish of a market even if everything lined up well in the stock. It is an unfortunate fact of the stock market that you can select an amazing stock but if the whole market is going down and you are long you are unlikely to see a good return.
Hello Prospero, this is the kind of stuff that drives me crazy. This writeup mentions a AMZN trade on 4/17 that is doing well. Although I've canceled my subscription I'm still trying to understand your trade signals. I never saw any thing being a paid subscriber. Yet you talk about them here in this email. If I could just figure out how to follow the paid service, I might be a subscriber.
It was in the 4/17 paid letter right at the top. I’m not sure what to tell you other than that. And we never said the word trade, we talked about a gain since it was mentioned in that letter. We recommend things as well as give conditions in which we think the recommendation would no longer apply.
I believe you’ve identified yourself as a long term trader in which case Prospero provides exactly what you are looking for. No newsletter required. The newsletter is to help people looking for shorter term signals / to time the market better. If you take a look at our Bull filter in this letter you can think of all 10 of those stocks as stocks we love on a 1 year hold period. Our Upside Breakout alone is an excellent backtested metric. Picking stocks that are high in that metric or even better our top 5 “safest bets” in “our picks” are well geared towards people that want long term investments that don’t want to have to watch the signals constantly.
Will watch the stock market to see how the earnings and tech companies cutting costs go.
One of the criterias for NOW to be bullish = QQQ Net Options Sentiment > 30.
However QQQ Net Options Sentiment is below 25 now.
So NOW does not fit the bullish criteria.
So what's the point of adding NOW as a potential bull into the newsletter then?
Just trying to learn how to read your newsletter.
It is a good question but drives at one of the challenges of investing. You are right in what you say. NOW was one of my favorite Bulls this week but as I had a Bearish overall market sentiment wouldn't it make sense that I / You would need to look for certain Bullish conditions to validate a Bullish recommendation?
The point of including it is to give people an option to say, "Hey you might disagree with me and are Bullish and if you are NOW would be my recommendation"
On a different note there is no black and white as a good investor only Grey. Even in Bull conditions a 41 QQQ Ne Options Sentiment is that much better than a 31. You might read a 25 QQQ Net Options Sentiment on NOW with a 95 Net Options Sentiment on the stock and a 80 Net Social Sentiment as most of the way to all the ideal conditions. But still not all the way there. And if it was below 20 the it would just seem to be too Bearish of a market even if everything lined up well in the stock. It is an unfortunate fact of the stock market that you can select an amazing stock but if the whole market is going down and you are long you are unlikely to see a good return.
Does that make sense?
Hello Prospero, this is the kind of stuff that drives me crazy. This writeup mentions a AMZN trade on 4/17 that is doing well. Although I've canceled my subscription I'm still trying to understand your trade signals. I never saw any thing being a paid subscriber. Yet you talk about them here in this email. If I could just figure out how to follow the paid service, I might be a subscriber.
It was in the 4/17 paid letter right at the top. I’m not sure what to tell you other than that. And we never said the word trade, we talked about a gain since it was mentioned in that letter. We recommend things as well as give conditions in which we think the recommendation would no longer apply.
I believe you’ve identified yourself as a long term trader in which case Prospero provides exactly what you are looking for. No newsletter required. The newsletter is to help people looking for shorter term signals / to time the market better. If you take a look at our Bull filter in this letter you can think of all 10 of those stocks as stocks we love on a 1 year hold period. Our Upside Breakout alone is an excellent backtested metric. Picking stocks that are high in that metric or even better our top 5 “safest bets” in “our picks” are well geared towards people that want long term investments that don’t want to have to watch the signals constantly.