Our macro read was on point

10/25/23 Prospero.Ai Investing (69th) Edition (Mid-Week)

Quickly at the top, we exited positions in NSA (10/23) and BPMC (today) and sent these by chat to our paid subscribers.

Hope everyone is keeping safe in this dangerous earnings season!

We are currently beating the S&P 500 by 81% on our 2023 picks, with a 66% win-rate per pick against their S&P 500 benchmarks. 

If you are wondering about the value of our content look no further than an excerpt from our paid section 10/19:

In summary, if there is this much certainty that the market would not handle a hike right now; AND conviction is mounting of rate hikes persisting into 2023, its hard to not have a Bearish Macro outlook. (But as we’ve consistently stated, Big Tech / AI could very well weather that storm)

With META and MSFT as a few bright spots in a terrible week of earnings the above proved to be fairly on the nose! Not to mention we guided towards are largest suggested market hedge (for risk management on a long only portfolio) this past Sunday which looks smart today for sure.

Don’t have our app yet? Use it to track your investments with Prospero’s proprietary AI tech.

---

Newer to investing? Looking for educational videos? Confused by any terms?
Click our glossary help file.

Market / Macro Update